secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0000094845-24-000059
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Levi Strauss Q3 adj EPS $0.33 (+18% YoY); Levi’s brand up 5%; strategic review of Dockers
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- Q3 net revenue $1.5B flat YoY (up 2% constant currency); Levi's brand grew 5% globally.
- Gross margin expanded 440 bps to 60.0%; adjusted diluted EPS $0.33 vs $0.28 (+18%).
- Reported diluted EPS $0.05 includes $111M impairment; adj EBIT margin up 250 bps to 11.6%.
- FY 2024 adj diluted EPS guidance reaffirmed $1.17-$1.27; Dockers brand strategic alternatives evaluated.
- DTC revenue up 10% (e-commerce +16%); Europe revenue up 6% reported, Americas flat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000009484524000059/0000094845-24-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000009484524000059/levi-20241002.htm
  HTML page:      https://secwatch.observer/filing/0000094845-24-000059

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