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

4月 11, 2023

On April 6th, Levi Strauss & Co., the parent company of American casual denim apparel brand Levi’s, headquartered in San Francisco, announced its financial results for the first quarter of the fiscal year 2023, ending February 26th. The company reported a 6% year-over-year increase in sales to $1.7 billion, surpassing market expectations, and a 9% increase in sales at constant currency.
Chip Bergh, President and CEO of Levi Strauss & Co., stated, “Our first quarter results reflect the strength of our brands and the progress we are making against our strategic prior …