Levi (LEVI) Reports Q1 Beat on Record Gross Margin, Reiterates 2022 Guidance

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Go back to Levi (LEVI) Reports Q1 Beat on Record Gross Margin, Reiterates 2022 Guidance

Levi (LEVI) Reports Q1 Revenue of $1.6B, EPS of $0.46

April 6, 2022 4:11 PM EDT

Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the first quarter ended February 27, 2022.

"We started the year with strong consumer demand and solid momentum across geographies, channels and categories," said Chip Bergh, president and chief executive officer of Levi Strauss & Co. "Our teams disciplined execution of our strategic priorities enabled us to deliver strong top and bottom-line growth as we capitalize on structural tailwinds and successfully manage a dynamic operating environment. The strength of our brands and strategy position us to deliver sustainable growth well into the future."

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Levi (LEVI) Tops Q1 EPS by 5c; Reaffirms Guidance

April 6, 2022 4:07 PM EDT

Levi (NYSE: LEVI) reported Q1 EPS of $0.46, $0.05 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.54 billion.

GUIDANCE:

Reaffirms annual guidance.

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

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