Levi Strauss

Levi Strauss & Co. engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.

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Levi Strauss reports strong fiscal year, eyes global growth opportunities

Levi Strauss had a strong fiscal year with revenue and EPS meeting high-end expectations, driven by international and DTC growth.
The company's revenue diversification strategy and confidence in delivering profitable growth in 2023 are key strengths.
Challenges include revenue decline in Europe, supply chain issues, and caution in inventory pacing.
Opportunities lie in anticipated revenue growth, upcoming initiatives, and focus on cost control measures and inventory management.

Levi Strauss reports robust Q1 growth, eyes DTC momentum

Levi Strauss delivered a strong Q1 performance with revenue growth across key segments, driven by DTC acceleration and international expansion.
While facing challenges in certain product lines and wholesale channels, Levi's brand strength and digital investments position the company well for future growth.
Opportunities lie in optimizing gross margins, leveraging DTC momentum, and navigating changing market dynamics to drive profitability and market share.
Overall, Levi Strauss maintains its guidance for fiscal 2023, showcasing confidence in its strategic direction and ability to navigate industry challenges.

Levi Strauss reports Q2 challenges, eyes growth in DTC and China

Levi Strauss faced revenue challenges in Q2 but saw strong DTC and international growth.
Strategic actions were taken to address U.S. wholesale issues and improve inventory levels.
Despite lowered outlook, the company remains optimistic with improving trends and strategic initiatives.
Focus on brand leadership, DTC, and inventory strategies present opportunities for future growth.

Levi Strauss reports strong Q3 performance, focuses on DTC growth

Levi Strauss showcased a strong performance in Q3 2023, emphasizing growth in DTC and international segments despite challenges in the wholesale business. The company is committed to driving long-term profitable growth, enhancing consumer experiences, and improving productivity to achieve its financial targets.

Levi Strauss reports solid Q4 earnings amidst global challenges

Levi Strauss delivered solid financial performance in Q4 2023, with revenue growth, margin expansion, and strong brand positioning across categories and regions.
While facing challenges in Europe's wholesale channel and supply chain issues, the company is leveraging strengths in brand collaborations and product innovation.
Opportunities in Asia, denim dressing categories, and wholesale improvements in the U.S. and Europe position Levi's for continued growth and resilience.

Levi Strauss beats Q1 revenue expectations, eyes DTC growth opportunities

Levi Strauss Q1 2024 showcased resilience with revenue decline offset by strong EPS performance. The company is strategically focused on driving profitability through cost efficiencies, fabric innovations, and DTC channel growth. Challenges remain in achieving pre-COVID profitability levels and optimizing operations in different regions.

Levi Strauss Q2 2024: Record Margins, Strong DTC Growth

Levi Strauss & Co. delivered a strong performance in Q2 2024, driven by significant growth in DTC channels and record-high gross margins. The company is successfully navigating market challenges with strategic transformations and is poised for continued innovation and market leadership, especially in the women's segment.

Levi Strauss reports strong Q3 results, eyes growth opportunities

Levi Strauss delivered solid Q3 results with revenue growth, margin expansion, and strong brand performance, despite challenges in certain regions and brands.
Strategic adjustments are being made to address underperforming areas like Dockers, China, and Mexico, while focusing on core brands and growth opportunities.
The company's focus on DTC business, margin expansion initiatives, and global transformation efforts position it well for continued success and growth in the future.

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The denim-maker's results showed that the road to direct-to-consumer selling can get expensive.

Levi's New Stretch Is Selling Directly to Consumers

The company was able to slightly beat analysts' estimates for the quarter ending May 28.

Levi Strauss Stock Falls After Cutting Forecast

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Levi Strauss shares tumble on outlook cut, Mallinckrodt and Alibaba shares rise and more stocks on the move

Levi Strauss & Co. (NYSE:LEVI ) Q2 2023 Earnings Call Transcript July 6, 2023 5:00 PM ET Company Participants Aida Orphan - Vice President, Investor Relations Chip Bergh - President and Chief Executive Officer Harmit Singh - Chief Financial and Growth Officer Conference Call Participants Matthew Boss - JPMorgan Bob Drbul - Guggenheim Jay Sole - UBS Ike Boruchow - Wells Fargo Jim Duffy - Stifel Dana Telsey - Telsey Advisory Group Laurent Vasilescu - BNP Paribas Operator Good day, ladies and gentlemen, and welcome to the Levi Strauss & Co's Second Quarter Earnings Conference Call for the period ending May 28, 2023. All parties will be in a listen-only mode until the question-and-answer session, at which time instructions will follow.

Levi Strauss & Co. (LEVI) Q2 2023 Earnings Call Transcript

Levi's CEO Chip Bergh told CNBC's Jim Cramer on Thursday that the company's business is back in China as consumers return post Covid lockdowns.

Levi's CEO calls Asia a 'bright spot' this quarter and is optimistic about business in China

Levi Strauss (LEVI) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.29 per share a year ago.

Levi Strauss (LEVI) Tops Q2 Earnings and Revenue Estimates

Levi Strauss & Co (NYSE:LEVI) stock fell sharply after the renowned denim maker revised its annual profit forecast downward due to increased costs and sluggish wholesale sales in North America. The company now expects adjusted profit to range between $1.10 and $1.20 per share for fiscal year 2023, compared to the previously anticipated range of $1.30 to $1.40 per share.

Levi's drops as lower profit forecast and sluggish sales dampen outlook

Levi Strauss & Co. LEVI shares fell in the extended session Thursday after the jeans company cut its forecast for the year while topping the Wall Street earnings by a penny a share. Levi Strauss shares fell more than 5% after hours, following a 0.8% rise to close the regular session at $14.23.

Levi Strauss stock falls 5% after outlook is cut

Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue.

Levi Strauss slashes guidance as wholesale revenue drops

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the second quarter ended May 28, 2023. "Our strong Q2 DTC and international results in a challenging environment demonstrate the resilience of our business model and the health of the Levi's® brand globally," said Chip Bergh, president and chief executive officer of Levi Strauss & Co. "While U.S. wholesale remains pressured, we are pursuing initiatives to stabilize this business and dri.

Levi Strauss & Co. Reports Second-Quarter 2023 Financial Results

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Levi Strauss Offers Only Notable Earnings Report Due This Week

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Wall Street Analysts See Levi Strauss (LEVI) as a Buy: Should You Invest?

Levi Strauss & Co (NYSE:LEVI) (LEVI) has a “substantial long-term global growth opportunity” but slowing US consumer spending will likely make it difficult for the company to positively surprise when it reports its second quarter results on July 6, UBS analysts wrote in a note to clients. They have a ‘Buy' rating on shares of the denim apparel maker with a 12-month target price of $22, believing Levi will lower its fiscal year (FY) 2023 earnings per share (EPS) guidance range by $0.05 to $1.25 to $1.35.

Levi Strauss stock a tight fit near term but long term view looks good: analysts

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company's financial results for the second quarter ended May 28, 2023. The call will be held on Thursday, July 6, 2023 at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Chip Bergh, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an.

Levi Strauss & Co. To Webcast Second Quarter 2023 Earnings Conference Call

Should You Invest in Levi Strauss (LEVI) Based on Bullish Wall Street Views?

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SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced that Harmit Singh, chief financial and growth officer, will participate in a fireside chat at the TD Cowen Seventh Annual Future of the Consumer Conference on Tuesday, June 6, 2023 at 9:20 a.m. EDT. To access the live webcast, please visit https://wsw.com/webcast/cowen137/levi/2020464. A replay of the webcast will be available on http://investors.levistrauss.com through August 4, 2023. About Levi Strauss & C.

Levi Strauss & Co. Announces Participation at the TD Cowen Seventh Annual Future of the Consumer Conference

Levi Strauss & Co. is a clothing company that designs, markets, and sells apparel and accessories for men, women, and children. Levi is extremely attractive financially, with a GPM of 58% and an EBITDA margin of 14% in FY22. This is more than many of its peers. The company has little debt and has been deleveraging. Levi should be able to maintain healthy dividends and buybacks.

Levi Strauss: Financially Superior Retailer

I believe the sharp overreaction to the company's margin contractions is a good opportunity to get in for the long term. The company's “DTC First” initiative will be successful in the long run, which will increase margins in my opinion. The company has very solid financials that showed a very good bounce back since the '20 bottom.

Levi: The Overreaction Presented A Good Opportunity For Long-Term Investors

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Levi's CEO Chip Bergh said that the brand is "slowly" growing its gender neutral clothing line after data showed there's "consumer appetite for that" during Wednesday event where he was asked about the Bud Light controversy.

Levi's to expand gender-neutral line amid ‘consumer appetite' despite Bud Light backlash

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News for Levi Strauss Stock (LEVI)