Lever Style Corp. (HK:1346) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Lever Style Corporation has announced that its largest customer, Express Inc., parent company of Bonobos, will be acquired by WHP Global following a court order. This change may impact Lever Style’s interim financial results due to $6 million in receivables and $9 million in inventory related to Express Inc. The company is in discussions with the new owners to clarify the situation ahead of its upcoming interim results announcement.
For further insights into HK:1346 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue