Levi Strauss’ quarterly profit jumps

By: Trademagazin Date: 2025. 10. 10. 10:10

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The quarterly profit of American denim manufacturer Levi Strauss increased almost 11-fold and its revenue also increased.

The company’s website states that in the three months ended August 31, its after-tax profit increased to $218 million, or 55 cents per share. from $20.7 million, or 5 cents per share, a year earlier.

Earnings per share excluding non-recurring items rose to 34 cents from 33 cents, beating analysts’ estimates of 31 cents.

The company’s quarterly revenue rose 7 percent to $1.54 billion, also exceeding expectations of $1.5 billion.

Levi’s brand revenue rose 6 percent in the Americas, 5 percent in Europe and 12 percent in Asia year-on-year in the three months to the end of August.

The company returned about $151 million to shareholders, including $55 million in dividends.

The company improved its guidance for the current fiscal year, now expecting revenue growth of about 3 percent, up from the previously estimated 1-2 percent, and raised its adjusted earnings per share expectation to $1.27-1.32 from $1.25-1.30.