secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2024-06-26T23:59:59+00:00
Accession:  0000094845-24-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Levi Strauss Q2 revenue up 8% to $1.44B; adj. EPS $0.16 beats; dividend raised
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- Revenue $1.44B, +8% reported (+9% CC); Americas +17% on DTC strength.
- Record gross margin 60.5% (+180 bps); adj. diluted EPS $0.16 vs $0.04 YoY.
- Global DTC revenue +8% (+11% CC), e-commerce +19%; DTC 47% of total revenue.
- Quarterly dividend raised for first time in six quarters; FY guidance reaffirmed (rev. +1-3%, adj. EPS $1.17-$1.27).
- GAAP diluted EPS $0.04 vs $(0.00) YoY; restructuring charges of $55M from Project Fuel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000009484524000046/0000094845-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000009484524000046/levi-20240626.htm
  HTML page:      https://secwatch.observer/filing/0000094845-24-000046

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