Moody's: Levi Strauss positive

Moody's Investors Service said it revised Levi Strauss & Co.'s outlook to positive from stable.

All other ratings, including the B1 corporate family rating and the B2 rating assigned various classes of unsecured debt, were affirmed.

"The positive rating outlook reflects our expectation that the company's focus on lean inventory levels, and the benefits of moderating input costs over the next few quarters, should enable the company to make continued progress in expanding gross margins," Moody's vice president Scott Tuhy said in a news release.

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