Categories AlphaGraphs, Consumer, Earnings
LEVI Earnings: Highlights of Levi Strauss’ Q2 2024 financial results
Levi Strauss & Co. (NYSE: LEVI) has announced financial results for the second quarter of 2024, reporting an increase in revenues and adjusted profit.
The apparel company reported adjusted earnings of $0.16 per share for Q2, compared to $0.04 per share in the corresponding period of 2023. On a reported basis, net income was $18 million or $0.04 per share in the May quarter, compared to a loss of $1.6 million or $0.00 per share in the prior year period.
The company generated $1.44 billion in revenues during the second quarter, up 8% from $1.34 billion reported in the prior-year quarter. Direct-to-consumer net revenue increased 8%.
“Our transformational pivot to operating as a DTC-first company is yielding positive results around the world, giving me great confidence that we will achieve accelerated, profitable growth for the rest of the year and beyond,” said Levi’s CEO Michelle Gass.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
MS Earnings: Morgan Stanley Q1 2025 revenue and earnings beat estimates
Morgan Stanley (NYSE: MS) on Friday reported higher revenues and net profit for the first quarter of 2025. The latest numbers also exceeded analysts’ estimates. The company reported net revenues
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2025 financial results
Wells Fargo & Company (NYSE: WFC) reported its first quarter 2025 earnings results today. Total revenue decreased 3% year-over-year to $20.15 billion. Net income grew 6% to $4.89 billion and
JPM Earnings: All you need to know about JPMorgan’s Q1 2025 earnings results
JPMorgan Chase & Co. (NYSE: JPM) reported its first quarter 2025 earnings results today. Reported net revenue increased 8% year-over-year to $45.3 billion. Managed net revenue was $46 billion, also