Levi (LEVI) Tops Q4 EPS by 1c; offers guidance

Levi (NYSE: LEVI) reported Q4 EPS of $0.44, $0.01 better than the analyst estimate of $0.43. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.66 billion.

GUIDANCE:

Levi sees FY2024 EPS of $1.15-$1.25, versus the consensus of $1.33.

Reported net revenues growth of 1% to 3% year-over-year. This includes an expected 2-point negative impact primarily attributable to the strategic decision to exit the Denizen business, planned lower off-price sales and FX partially offset by a 53rd week.

For earnings history and earnings-related data on Levi (LEVI) click here.

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