Levi Strauss Reports Climb In Q2 Income

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Summary · why it matters

Levi Strauss reported a climb in second-quarter income. The company's bottom line came in at $94.8 million, or $0.24 per share, compared with $79.6 million, or $0.20 per share, last year. Excluding items, adjusted earnings were $109.8 million or $0.28 per share. Revenue rose 8.0% to $1.562 billion from $1.446 billion last year. The company issued full-year EPS guidance of $1.46 to $1.52 and full-year revenue growth guidance of 7.0% to 7.5%.

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