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Levi Strauss (LEVI) Q4 2019 Earnings Snapshot

— Levi Strauss (NYSE: LEVI) reported fourth quarter 2019 adjusted EPS of $0.26, vs. estimated $0.21.

— Revenue declined 2% to $1.57 billion vs. estimated $1.58 billion.

— GAAP profit per share decreased two cents year-over-year to $0.23.

— Fiscal 2020 revenue growth is expected to be 7% in constant currency and 6% in reported dollars.

— Adjusted EPS for FY20 is estimated to be in the range of $1.18 to $1.22. Capital expenditure is estimated to be between $200 million and $210 million.

— LEVI stock was up about 3% in the after-market session immediately after the earnings announcement.

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Categories: Earnings Retail
Tags: Clothing
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