Levi Strauss & Co. (LEVI) is showing its strength as the company raised its full-year profit forecast on Wednesday, citing cost savings from both job cuts and less aggressive discounts among its products. This was reflected in its first-quarter earnings results which showed in the apparel company's adjusted gains of $0.26 per share, beating expectations of $0.21 per share. Levi Strauss CFO Harmit Singh talks with Yahoo Finance Executive Editor Brian Sozzi on the floor of the New York Stock Exchange to break down Levi's performance and trends in the retail market. Singh explains why, in part, Levi has seen such strength recently: "It started post-COVID with the world becoming a lot more casual, dressing becoming a lot more casual, and denim, I mean, how can you be more casual other than wearing good style denim products? And the other piece is people want to be comfortable. That's where the looser, baggier fit is really taking shape. So, the question is, can you wear more than just denim bottoms? That's where we're introducing denim skirts, we're introducing denim dresses, and that's taking off." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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