LEVI - Levi Strauss Stock Plummets On Mixed Q2 Results Weak Guidance: The Details | Benzinga
Levi Strauss & Co (NYSE:LEVI) reported its second-quarter financial results after market close Wednesday. Here's a look at the key figures from the report.
The Details: Levi Strauss reported quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 11 cents by 45.45% and represents a 300% increase over earnings from the same period last year.
Quarterly sales came in at $1.44 billion, missing the analyst consensus estimate of $1.45 billion by 0.62%.
Levi Strauss reported DTC (Direct-to-Consumer) net revenues increased 8% on a reported basis and 11% on a constant-currency basis. DTC growth ...