Levi Strauss & Co. Latest Results: Q4 Net Sales Fell 6% Year over Year; Full-year Sales Rose 7% Year over Year to $6.2 Billion

1月 29, 2023

January 25, Levi Strauss & Co, headquartered in San Francisco, announced the financial results for the fourth quarter and fiscal year ended November 27, 2022.

Also, the Company paid a dividend of $0.12 per share, up 47% from prior year; $82 million in capital returned to shareholders.

Besides, financial highlights for the Full Year 2022 are as follows:

Reported net revenues of $6.2 billion, up 7% versus FY 2021 and 12% on a constant-currency basis,
Gross margin was 57.5%; Adjusted gross margin was 57.6%, 30 basis points below FY 2021 inclusive of approximately 50 basis points o …