Levi (LEVI) Tops Q3 EPS by 30c, Revenue Beats

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Go back to Levi (LEVI) Tops Q3 EPS by 30c, Revenue Beats

Levi Strauss & Co. Reports Third-Quarter 2020 Financial Results

October 6, 2020 4:05 PM EDT

Reported Revenues of $1.1 Billion were down 27 percent

Diluted EPS was $0.07; Adjusted Diluted EPS was $0.08

Operating margin was nine percent; Cash from operations increased $156 million

SAN FRANCISCO--(BUSINESS WIRE)-- Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the third quarter ended August 23, 2020.

Adjusted EBIT and adjusted diluted EPS were positive and adjusted free cash flow was even higher than the third quarter of the prior year, reflecting the companys successful efforts to mitigate the impact of the... More