Earnings

Levi Strauss Co (LEVI) Q4 earnings 2022

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A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky.

Luke Sharrett | Bloomberg | Getty Images

Levi Strauss on Wednesday posted earnings and revenue that topped Wall Street’s expectations.

Shares of the company rose in after-hours trading as the company also offered upbeat sales guidance for its new fiscal year.

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Here’s how Levi did in its fiscal fourth quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:

  • Earnings per share: 34 cents, adjusted, vs. 29 cents expected
  • Revenue: $1.59 billion vs. $1.57 billion expected

The company’s reported net income for the three-month period that ended Nov. 27 was $151…



Source cnbc.com

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