Levi (NYSE: LEVI) reported Q3 EPS of $0.34, $0.04 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.5 billion.

GUIDANCE:

Levi sees FY2025 EPS of $1.27-$1.32, versus the consensus of $1.31.

• Reported net revenue growth: Raised to approximately 3%, up from 1% to 2%
• Organic net revenue growth: Raised to approximately 6%, up from 4.5% to 5.5%
• Gross margin: Expansion of 100 basis points, up from 80 basis points
• Adjusted EBIT margin: Maintained at 11.4% to 11.6%
• Tax rate: Maintained at approximately 23%
• Adjusted diluted EPS: Raised to $1.27 to $1.32, up from $1.25 to $1.30

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