For the full year of 2018, Levi reported a 14% increase in revenue to $5.5 billion along with net income of $285 million. The company saw revenue growth across all its regions with double-digit growth in the Americas and Europe. The Americas segment contributed 55% of net revenues during the year. As of November 25, 2018, Levi’s products were sold in over 50,000 retail locations.
Levi believes there is significant opportunity to broaden its presence in emerging markets such as India, China and Brazil, to drive long-term growth. The company is focused on growing its DTC channel and also plans to pursue acquisitions that provide good returns.
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