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Levi Strauss & Co. Reports First-Quarter 2021 Financial Results; Reported Net Revenues of $1.3 Billion were down 13 percent; Diluted EPS was $0.35; Adjusted Diluted EPS was $0.34; Operating margin was 14 percent; Adjusted EBIT margin was 13 percent; Compa

Apr 08, 2021 - Business Wire
Financial Results

Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the first quarter ended February 28, 2021. Due to the company's fiscal quarter end, the impacts of the pandemic were not material to the company's results of operations for the first quarter of 2020.

First-Quarter 2021 Results

Net revenues of $1,306 million declined 13 percent on a reported and 16 percent on a constant-currency basis compared to the same period in the prior year. The decrease was primaril...