2023-01-25 21:10:00

Levi Strauss & Co. Reports Fourth-Quarter and Fiscal Year 2022 Financial Results

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Benzinga
By Business Wire

Q4 Diluted EPS of $0.38 and Adjusted Diluted EPS of $0.34

FY 2022 Reported Net Revenues Grew 7% from FY 2021 to $6.2 Billion, Up 12% Constant-Currency

FY 2022 Diluted EPS of $1.41 and Adjusted Diluted EPS of $1.50

FY 2023 Guidance of Reported Net Revenues Up 1.5% to 3% and Adjusted Diluted EPS of $1.30 to $1.40

Levi Strauss & Co. LEVI today announced financial results for the fourth quarter and fiscal year ended November 27, 2022.

"In 2022, we delivered strong, profitable growth as well as significant market share expansion, demonstrating the enduring strength of our brands, the diversity of our business and our team's focused execution of our strategic plan," said Chip Bergh, president and chief executive officer of Levi Strauss & Co. "We continue to make progress against our strategic priorities, positioning us for further success in 2023. We remain the category leader in denim globally, making consistent market share gains year-over-year. Our high margin DTC business is delivering exceptional results and our diversification efforts provide additional growth drivers for sustainable long-term growth."

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