---
schema_version: "secwatch.filing_event.v1"
accession: "0000094845-23-000047"
form_type: "8-K"
ticker: "LEVI"
cik: "0000094845"
company_name: "LEVI STRAUSS & CO"
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T12:24:52.604981+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Levi Strauss Q2 net revenues fall 9% to $1.34B; FY adjusted EPS guidance cut to $1.10-$1.20

## Summary
- Net revenues of $1.34B, down 9% YoY; net loss of $2M vs $50M net income in Q2 2022.
- Adjusted diluted EPS of $0.04 vs $0.29 a year ago; FY adjusted EPS guidance lowered to $1.10-$1.20 from $1.30-$1.40.
- DTC net revenues up 13% (e-commerce +20%); wholesale down 22% as U.S. wholesale remains pressured.
- Americas revenues down 22%; Asia up 18% (27% constant currency); Europe down 2%.
- Inventory improved 15 points vs Q1; expected below prior year by year-end; free cash flow trends positive.

## SEC filing metadata
- accession: 0000094845-23-000047
- form_type: 8-K
- ticker: LEVI
- cik: 0000094845
- company_name: LEVI STRAUSS & CO
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94845/000009484523000047/0000094845-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94845/000009484523000047/levi-20230706.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000094845-23-000047
- JSON: https://secwatch.observer/filing/0000094845-23-000047.json
- Plain text: https://secwatch.observer/filing/0000094845-23-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.