Welcome to our dedicated page for Levi Strauss & Co. news (Ticker: LEVI), a resource for investors and traders seeking the latest updates and insights on Levi Strauss & Co. stock.
Levi Strauss & Co. (LEVI), the global leader in premium denim and casual apparel, maintains this dedicated news hub for investors and industry followers. Access official press releases and curated updates covering financial results, product innovations, sustainability initiatives, and strategic partnerships.
This resource provides timely insights into Levi's operational developments across its core brands including Levi's, Dockers, and Denizen. Key updates span earnings announcements, leadership changes, retail expansions, and material events impacting the company's position in the competitive apparel sector.
All content is sourced from verified corporate communications, ensuring reliability for investment research and market analysis. The collection serves as both historical record and current awareness tool for tracking this iconic brand's evolution in global fashion markets.
Bookmark this page for streamlined access to LEVI's latest business developments. Combine regular monitoring with SEC filings and earnings transcripts for comprehensive understanding of company performance.
Levi Strauss & Co. (NYSE: LEVI) will hold a conference call on July 8, 2021, at 2:00 PM PT to discuss its financial results for Q2 ended May 30, 2021. The call will feature CEO Chip Bergh and CFO Harmit Singh. Investors can access the live webcast via a provided link or dial in using specific numbers. A replay will be available shortly after the event. Levi Strauss reported net revenues of $4.5 billion in 2020 and operates a significant retail presence worldwide.
Levi Strauss & Co. (NYSE: LEVI) announced the participation of CEO Chip Bergh and CFO Harmit Singh in a virtual fireside chat at J.P. Morgan's 7th Annual Retail Round-Up on April 14, 2021, at 1:10 p.m. ET. The event will be accessible via a live webcast, with a replay available until May 14, 2021. The company is a leader in jeanswear, generating $4.5 billion in net revenue for 2020, and distributes products across over 110 countries through retailers and approximately 3,100 stores.
Levi Strauss & Co. reported first-quarter 2021 net revenues of $1,306 million, reflecting a 13% decline year-over-year, largely due to COVID-19 impacts. The company experienced a significant digital revenue growth of approximately 41%, now comprising 26% of total sales. Gross margin rose to a record 58.2%, while SG&A expenses fell 12%. Net income was $143 million, a 7% decrease from the previous year. Despite challenging conditions, Levi raised its fiscal 2021 revenue outlook, anticipating growth of 24-25% compared to the first half of 2020, and adjusted EPS guidance to 41-42 cents.
Levi Strauss & Co. (NYSE: LEVI) will host a conference call on April 8, 2021, at 2:00 PM PT to discuss its financial results for the first quarter ended February 28, 2021. CEO Chip Bergh and CFO Harmit Singh will lead the call. Investors can access the live webcast at here or call in at +1.833.693.0541 in the U.S. A replay will be available after two hours on the company's investor relations site.
In 2020, Levi Strauss reported net revenues of $4.5 billion, marking its position as a global leader in jeanswear.
Levi Strauss & Co. (NYSE: LEVI) announced a leadership transition in its board of directors. Stephen C. Neal will step down as board chair on March 26, 2021, due to retirement age. Robert “Bob” A. Eckert has been appointed as his successor. Neal expressed confidence in Eckert's leadership, while CEO Chip Bergh highlighted Neal's role in the company's turnaround and public offering. Eckert, with over a decade of board experience and a strong background in global companies, is expected to enhance the board's effectiveness.
Levi Strauss & Co. (NYSE: LEVI) announced that CFO Harmit Singh will take part in a fireside chat at the J.P. Morgan 2021 Global High Yield & Leveraged Finance Conference on March 1, 2021, at 10:45 a.m. ET. This virtual conference allows investors to hear insights directly from the company's leadership. The live webcast can be accessed online, and a replay will be available until March 11, 2021. Levi Strauss reported net revenues of $4.5 billion in 2020, asserting its position as a leader in the jeanswear market.
Levi Strauss & Co. (NYSE: LEVI) has successfully completed a $500 million offering of 3.5% Senior Unsecured Notes due 2031. The proceeds will help redeem $800 million of its outstanding 5.00% senior notes due 2025, reducing interest expenses and improving its leverage ratio. CFO Harmit Singh highlighted the importance of financial discipline and investment in brands and digital channels to strengthen the company's future growth. The offering was made through a private placement under Rule 144A and Regulation S of the Securities Act.
Levi Strauss & Co. (NYSE: LEVI) announced that CEO Chip Bergh and CFO Harmit Singh will participate in a virtual fireside chat at the Goldman Sachs DTC / Digital Acceleration Conference on February 17, 2021, at 4:00 p.m. ET. The event will be accessible via a live webcast, with a replay available within 24 hours on the company's investor relations website. Levi Strauss & Co., a leader in global jeanswear, reported net revenues of $4,453 million in 2020, selling products in over 110 countries through various retail channels.
Levi Strauss & Co. (NYSE: LEVI) announced the pricing of $500 million in 3.50% senior notes due 2031. The offering, closing on February 19, 2021, is part of a private placement under Regulation S and Rule 144A. Proceeds will be used to redeem $800 million of 5.00% senior notes due 2025 and cover related costs. The notes are unregistered and subject to exemption from registration requirements.
Levi Strauss, a global leader in jeanswear, reported 2020 revenues of $4,453 million, selling products in over 110 countries.
Levi Strauss & Co. (NYSE: LEVI) is initiating a private placement of $500 million in senior notes due 2031. The proceeds will be used, along with cash reserves, to redeem $800 million of existing senior notes due 2025. These new notes will not be registered under the Securities Act and will be sold to qualified institutional buyers. The company emphasizes that this press release does not constitute an offer to sell or a solicitation for purchase.
