Key Takeaways Shares of Levi Strauss tumbled in early trading Thursday after the jeans maker announced it may sell its Dockers brand as it delivered mixed third-quarter results.While Levi's adjusted earnings per share of 33 cents beat consensus Wall Street estimates,

US clothing brand Levi Strauss & Co. (LS&Co) is evaluating strategic alternatives for its underperforming Dockers brand after revealing its Q3 net revenues of $1.5bn were flat on a reported basis.

Levi Strauss & Co on Wednesday announced that it has initiated a strategic review of its underperforming Dockers brand, which could include a possible sale.