secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0000094845-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Levi Strauss Q4 adj EPS $0.34, FY rev $6.2B; guides FY23 adj EPS $1.30-$1.40
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- Q4 reported net revenues $1.6B flat constant-currency; adjusted diluted EPS $0.34 vs $0.41 YoY.
- Full-year FY2022 net revenues $6.2B (+7% reported, +12% constant-currency); adjusted diluted EPS $1.50 vs $1.47.
- FY2023 guidance: reported net revenues up 1.5%-3%; adjusted diluted EPS $1.30-$1.40.
- CFO Harmit Singh receives $5M special retention award (RSUs and PRSUs) vesting over 3 years; role expanded to CFO and Growth Officer.
- Q4 gross margin 55.8% down 230 bps; Adjusted EBIT margin 9.0% vs 12.0% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000009484523000007/0000094845-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000009484523000007/levi-20230123.htm
  HTML page:      https://secwatch.observer/filing/0000094845-23-000007

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