LEVI
Levi Strauss & Co.22.55
+0.61+2.78%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
8.92BP/E (TTM)
17.21Basic EPS (TTM)
1.31Dividend Yield
0.02%Recent Filings
8-K
8-K
Levi's Q3 revenues rise 7%
Levi Strauss & Co. reported third-quarter 2025 net revenues of $1.5 billion, up 7% on both reported and organic bases, fueled by 11% DTC growth and Asia's 12% surge, while gross margin expanded 110 basis points to 61.7% despite tariffs. Adjusted diluted EPS hit $0.34, edging last year's $0.33, as the DTC pivot drives profitability. The Dockers sale fetched $194.7 million. Levi raised full-year organic revenue growth to 6% and adjusted EPS to $1.27-$1.32, yet tariffs pose risks.
10-Q
Q3 FY2025 results
Levi Strauss & Co. posted solid Q3 FY2025 results, with net revenues climbing 7.0% year-over-year to $1.54B, fueled by 11.3% DTC growth and 3.5% wholesale gains, while gross margin expanded 1.1 points to 61.7% on favorable channel mix despite tariff pressures. Operating income surged to $167.4M from $32.7M, thanks to no repeat of last year's $111.4M Beyond Yoga impairments and lighter $8.6M restructuring charges under Project Fuel, though net income from continuing operations hit $122.0M versus $22.7M. Cash and equivalents stood at $612.8M with $743.1M revolver availability, but free cash flow turned negative at -$39.4M amid $170.3M capex; the company closed the U.S./Canada Dockers sale in July for $194.7M proceeds, recognizing $139.0M gain. Share repurchases totaled $150.5M year-to-date. Competition in apparel pricing remains a key watch item.
8-K
New Global Controller appointed
Levi Strauss & Co. appointed Timothy Joseph Davis as Senior Vice President, Global Controller, effective August 11, 2025, bringing his experience from Crocs and Thermo Fisher to bolster financial oversight. This move coincides with Lisa Stirling's transition to Vice President, U.S. and Canada Finance on the same date, ensuring seamless accounting leadership. Davis's package includes a $450,000 base salary, 50% target bonus, $500,000 equity grants, and $300,000 in sign-on incentives. Smooth handover. No related transactions disclosed.
8-K
Levi refinances €475M notes
Levi Strauss & Co. issued €475 million in 4.000% senior notes due 2030 on July 29, 2025, using proceeds plus cash to redeem its €475 million 3.375% notes due 2027 the same day. This refinancing extends debt maturity while raising the interest rate by 0.625%, yet preserves senior unsecured status amid existing covenants limiting liens and mergers. The move refinances short-term obligations. Redemption options start at 104% for equity-funded calls before 2027.
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