Levi (LEVI) Tops Q1 EPS by 7c, Raises First Half Outlook

Levi (NYSE: LEVI) reported Q1 EPS of $0.34, $0.07 better than the analyst estimate of $0.27. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.25 billion.

Guidance:

The company raised its fiscal first-half 2021 reported net revenues outlook to 24-to-25 percent growth compared to the first half of 2020 and raised its first-half Adjusted EPS estimate to 41-to-42 cents. The company plans to share additional details during its investor conference call. The company’s outlook assumes no significant worsening of the COVID-19 pandemic or dramatic incremental closure of global economies.

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

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