Levi Strauss reports 6% revenue growth, raises FY25 outlook
Levi Strauss & Co reported a 6% increase in net revenues to $1.4bn for Q2 2025, with a 9% rise on an organic basis. The company’s Levi’s brand saw a 9% global increase. Gross margin increased to 62.6%, net income reached $80m, and adjusted diluted EPS rose to $0.22.
CEO Michelle Gass expressed satisfaction with the strong quarter, citing strategic progress. Levi Strauss updated its fiscal 2025 guidance, raising revenue and EPS projections. The company anticipates a 1-2% increase in reported net revenue growth and a 4.5-5.5% rise in organic net revenue growth.
Levi Strauss expects adjusted diluted EPS to be $1.25-$1.30, up from $1.20-$1.25. CFO Harmit Singh highlighted the company’s strong performance and focus on the Levi’s brand and DTC strategy. Levi’s recent divestment of the Dockers brand to Authentic Brands Group for $311m was part of its strategic realignment.
Read more at Yahoo Finance: Levi Strauss reports 6% rise in Q2 revenue and raises FY25 outlook