secwatch.observer — SEC 8-K summary
======================================

Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0000094845-22-000030
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Levi Strauss targets $9-10B revenue by 2027, $750M buyback authorized
---------------------------------------------------------------------

- 2027 revenue target $9-10B (6-8% annual organic growth); adjusted EBIT margin 15%.
- DTC to reach 55% of revenue; ecommerce tripled by 2027.
- Board approves $750M share repurchase program; new dividend payout target of 10-12% annual return.
- FY2022 guidance reaffirmed: revenue $6.4-6.5B (+11-13% YoY), adjusted EPS $1.50-1.56.
- Nearly double women's and tops revenue by 2027; Dockers and Beyond Yoga combined ~$1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000009484522000030/0000094845-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000009484522000030/levi-20220601.htm
  HTML page:      https://secwatch.observer/filing/0000094845-22-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer