Levi Strauss corrects FY2024 figures in Dockers discontinued ops table, reports Q1 beat

LEVI STRAUSS & CO

2025-Q1 EPS reported $0.34 revenue$1,526,800,000

Corrected FY2024 operating income from $379.6M to $262.7M; net income from $327.5M to $210.6M.
Q1 2025 net revenues $1.527B (+3% reported, +9% organic); adjusted EPS $0.38 vs $0.25 YoY, up 52%.
Operating margin 12.5% vs 0.04% YoY; adjusted EBIT margin 13.4% up 400bps.
DTC revenues +9% reported, +12% organic; 52% of total net revenues.
Maintains full-year 2025 outlook excluding recent tariff impact; minimal Q2 margin impact expected.

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