Levi’s Parent Company Reports Sales Growth but Profit Decline as Iconic 501 Jeans Celebrate 150th Anniversary

Levi Strauss & Co. also announced that Harmit Singh’s role has expanded to chief financial and growth officer.

During the reporting period, Capri Holdings’ total sales revenue was $1.08 billion, reflecting a 16.4% decline compared to the previous year at both reported and constant currency rates.

“The strong performance across each geographic region this quarter highlights the resilience of our diversified growth drivers and the growing strength of our high-end consumer base, giving us the confidence to raise our fiscal year outlook ahead of the critical holiday season.”