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Stock impact report

Levi Strauss exceeds revenue and profitability expectations in Q1 2025 [Yahoo! Finance]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company reported that the figure and the rest of the results for the quarter reflect its ongoing operations, excluding around $67m in net revenues from the Dockers brand. The Dockers business has been reclassified as discontinued operations in Q1 FY25. During the quarter ending 2 March 2025, the company's Levi's brand witnessed an 8% surge in global organic net revenues. Regionally, the Americas and Asia experienced growth in net revenues by 6% and 7% respectively, while Europe saw a decline in net revenues by 5%. The company's direct-to-consumer channels contributed positively with a 9% ascent in net revenues. Wholesale channels faced a downturn with a 3% reduction in net revenues. A significant turnaround was evident in the company's profitability, with net income from continuing operations reaching $140m in Q1 FY25, compared to a net loss of $10m in the same period of the previous year. The rebound was reflected in earnings per share from continuing operations, which Show less Read more
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