Levi Strauss has announced a strategic review of its Dockers brand, including a potential sale, as the company faces a challenging financial outlook. Following the release of its third-quarter earnings, which showed adjusted EPS surpassing estimates but revenue falling short, Levi trimmed its full-year revenue guidance to the low end of its range. The stock experienced a significant drop of 10% in response to these developments. Despite recent marketing efforts, including a campaign featuring Beyoncé, subdued sales forecasts have left investors concerned. As the company explores alternatives for the Dockers brand, analysts have also revised their forecasts ahead of the upcoming earnings call.