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Snacks / Friday, October 09, 2020

Channeling Jimmy Neutron... with the jeanius energy. Levi's offset corona-losses last quarter with a 52% surge in online sales. The jean legend's total sales fell 27% from last year, but it notched a profit and the stock popped on positive momentum. Also — Levi's just launched a "recommerce" site to sell your old jeans. Denim-recycling is sustainable and bankable: Levi's can cash in on the same pair of hip-huggers five times (instead of Poshmark).

Not left on read... Cloud company Twilio helps other companies talk to customers (think: text notifications, emails, support calls). Clearly, it's a good time to be in remote communications: Twilio stock jumped last week after the company raised its sales expectations for the quarter, and has nearly doubled this year on growth. But Microsoft's new calling/messaging service brings XL-sized competition. Twilio's reported $3.2B acquisition of customer data startup Segment could help it level up — just throw in a burrito to seal the deal.

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