Levi (LEVI) Tops Q3 EPS by 1c

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Levi Strauss & Co. Reports Third-Quarter 2023 Financial Results

October 5, 2023 4:21 PM EDT

Q3 Net Revenues in Line With Prior Year, With 14% Growth in Global DTC

Gross Margin of 55.6% Exceeded Q3 Outlook

Continued Sequential Improvement in Inventory; Up 1% to Prior Year on a Comparable Basis

Diluted EPS of $0.02 and Adj. Diluted EPS of $0.28

Company Expects FY Adj. Diluted EPS at Low End of Previously Guided $1.10-$1.20 Range

SAN FRANCISCO--(BUSINESS WIRE)-- Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the third quarter ended August 27,... More