Levi Strauss Falls\, Profit Declines as Company Spends to Grow

Shoppers carry Levi Strauss & Co. shopping bags at the Fashion Outlets of Chicago mall in Chicago, Illinois. (Photographer: Daniel Acker/Bloomberg)

Levi Strauss Falls, Profit Declines as Company Spends to Grow

(Bloomberg) -- Levi Strauss & Co. fell in late trading as profit in its second quarter as a public company tumbled from a year earlier.