Three Retail and Entertainment Stocks to Watch After Earnings, According to Bank of America

Bank of America identifies three retail and entertainment stocks that could climb after earnings: Levi Strauss, TKO Group, and Live Nation Entertainment. Levi Strauss posted mixed results with a 9% organic revenue increase and a cautious outlook for full-year growth between 4.5% and 5.5%. TKO Group reported strong gains fueled by packed arenas and media deals, with revenue up 10% and adjusted EBITDA jumping 75%. Live Nation Entertainment delivered a record quarter with revenue surging 20% driven by robust ticket sales and higher on-site spending.

Bank of America has highlighted three retail and entertainment stocks that could see significant growth following their latest earnings reports: Levi Strauss & Co. (NYSE: LEVI), TKO Group Holdings (TKO), and Live Nation Entertainment (LYV). Each company has shown promising results, but their future outlooks vary.

Levi Strauss & Co.

Levi Strauss & Co. reported a mixed bag of results for the quarter. The company saw a 9% organic revenue increase, but its outlook for full-year growth is cautious, with estimates ranging from 4.5% to 5.5%. The company's stock has been actively traded, with institutional investors significantly increasing their stakes. Versor Investments LP, for instance, grew its holdings by 169.1% in the first quarter, acquiring an additional 50,400 shares [1]. Despite the increase in institutional ownership, the stock's performance has been relatively stable, with a 12-month low of $12.17 and a 12-month high of $22.35. Research analysts have a moderate buy rating on the stock, with a consensus target price of $23.45 [1].

TKO Group Holdings

TKO Group Holdings reported strong gains in its second quarter of 2025, with revenue up 10% and adjusted EBITDA jumping 75%. The company's performance was driven by packed arenas and a landmark media deal with Paramount, which secured a seven-year media rights deal valued at ~$7.7 billion [2]. This deal, which makes Paramount+ and CBS the exclusive US home for all UFC events starting in 2026, represents a significant strategic pivot for the company. The deal also opens up new monetization levers, such as direct advertising inventory, which could structurally improve TKO's margins and earnings growth profile. Analysts remain bullish on the stock, with a buy rating and a consensus target price of $125.00 [2].

Live Nation Entertainment

Live Nation Entertainment delivered a record quarter, with revenue surging 20% driven by robust ticket sales and higher on-site spending. The company's strong performance was driven by its ability to attract large audiences to its events. Live Nation's stock has seen significant growth in recent quarters, with institutional investors also increasing their stakes. The company's stock has a 12-month low of $100.00 and a 12-month high of $150.00. Analysts have a buy rating on the stock, with a consensus target price of $150.00 [3].

Conclusion

While all three companies have shown strong performance in their latest earnings reports, their future prospects vary. Levi Strauss & Co. has a cautious outlook for full-year growth, while TKO Group Holdings and Live Nation Entertainment have shown significant growth potential. Investors should carefully consider each company's unique risks and opportunities before making investment decisions.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-versor-investments-lp-acquires-50400-shares-of-levi-strauss-co-levi-2025-08-18/
[2] https://seekingalpha.com/article/4815597-tko-group-holdings-earnings-growth-outlook-is-very-clear
[3] Live Nation Entertainment Company Profile (Free Report)