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LEVI Earnings: Levi Strauss stories greater Q3 revenue on flat revenues | AlphaStreet

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Levi Strauss & Co. (NYSE: LEVI) has introduced monetary outcomes for the third quarter of 2024, reporting a rise in web revenue. In the meantime, revenues remained broadly unchanged year-over-year.

Adjusted web revenue superior to $132 million or $0.33 per share within the August quarter from $112 million or 0.28 per share in Q3 2023. On a reported foundation, earnings greater than doubled to $21 million or $0.05 per share within the third quarter from $10 million or $0.02 per share a 12 months earlier.

At $1.52 billion, third-quarter revenues have been broadly unchanged from the prior-year interval. Direct-to-consumer web revenues elevated by 10% on a reported foundation and 12% on a constant-currency foundation.

We are making progress against our strategic priorities, including double-digit growth in our direct-to-consumer business, continued positive performance in the U.S., and Europe inflecting to growth,” stated Michelle Gass, CEO of Levi Strauss.

Prior Efficiency

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