Breaking News
Apr 8, 2025
-
Levi Strauss & Co. surged 7.4% to $14.50 after the apparel and jeans company reported results for the fiscal first quarter of 2025 ending in March.
Revenue edged up to $1.53 billion from $1.48 billion, net income came in at $135.0 million compared to a loss of $10.6 million, and diluted earnings per share were 34 cents compared to a loss of 3 cents a year ago.
The company returned approximately $81 million to shareholders in the first quarter, a 12% increase over the prior year, including dividends of $51 million and share repurchases of $30 million.
As of March 2, Levi’s had $560 million remaining under its current share repurchase authorization, which has no expiration date.
The company proposed a cash dividend of 13 cents per share, totaling approximately $51 million, payable on May 9 to shareholders on record as of April 24.
Excluding the impact from the recently announced tariffs, the company guided for fiscal 2025 organic net revenue growth to be between 3.5% and 4.5%, reported net revenue down 1% to 2%, compared to $6.35 billion in 2024, and adjusted earnings per share between $1.20 and $1.25, compared to $1.25 in 2024.
If you want to see the full data, please log in to your account. Logging in gives you complete access to all available information, features, and detailed insights that are not visible to guest users.