Levi Strauss & Co. Announces Impressive Q1 Financial Results

In a remarkable turnaround, Levi Strauss & Co. reported a net revenue of $1.5 billion for the first quarter of fiscal 2025, marking a 3% increase from the previous year. This performance not only exceeded expectations but also showcased the brand's resilience and strategic agility in a fluctuating market.

Financial Highlights

The company's net income soared to $140 million, a significant leap from a net loss of $10 million in the same quarter last year. Diluted earnings per share also reflected this positive trend, standing at $0.35 compared to a loss per share of $0.03 in the first quarter of fiscal 2024.

Leadership's Perspective

"Our Q1 results are a testament to the strength of the Levi's brand and our team's execution. Despite the uncertainties in the global market, our diversified global presence, robust margin structure, and flexible supply chain equip us to face future challenges," stated CEO Michelle Gass.

Market Reaction

The financial community responded positively to the news, with the company's stock experiencing a 2.96% increase in after-hours trading.