Levi Strauss (NYSE:LEVI) stock rose in after-hours trade after the firm released its second-quarter earnings.
Quarterly Results Earnings per share increased 147.92 percent year over year to $0.23, beating the $0.09 expectation.
Revenue of $1,276,000,000 increased by 156.46 percent over the same period previous year, exceeding the $1,210,000,000 forecast.
Levi Ups H2’21 Adjusted EPS Guidance To $0.72-$0.76; FY21 Adjusted EPS Guidance To $1.29-$1.33 versus $1.15 Estimate
Details on the Conference Call
Date: 8 July 2021
Time: 5:00 p.m. Eastern Standard Time https://edge.media-server.com/mmc/p/wid9fxaxaxaxaxaxaxaxaxaxaxaxaxaxaxaxaxaxaxax
Stock Performance in the Recent Past
The 52-week high for the company was $30.84.
$11.82 is the 52-week low.
Last quarter’s price movement: 12.58 percent increase
Description of the Business
Levi Strauss & Co. designs, markets, and sells jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women, and children under the Levi’s, Dockers, Signature by Levi Strauss & Co., and Denizen brands, either directly or through third parties and licensees. The corporation divides its operations into three regions: the Americas, which is the company’s main income generator; Europe; and Asia./n
