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Levi's CFO: We're taking actions to address U.S. wholesale business

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Levi Strauss & Co. sees U.S. sales fall 22% year-over-year and slashed its four-year profit outlook. Harmit Singh, Levi Strauss & Co. CFO and Chief Growth Officer, joins Yahoo Finance Live to discuss Levi's direct-to-consumer and wholesale business, including inventory, supply chain, and the effect of the COVID-19 pandemic on the business.

Singh said, "Our direct-to-consumer business is up double digits ... We're taking actions to address U.S. wholesale."

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