- Levi Strauss press release ( NYSE: LEVI ): Q2 Non-GAAP EPS of $0.29 beats by $0.06 .
- Revenue of $1.47B (+14.8% Y/Y) beats by $40M .
- Gross margin was 58.1%; Adjusted gross margin was 58.2%, flat from Q2 2021.
- Operating margin was 5.2%; Adjusted EBIT margin was a Q2 record 9.9%, up from 9.0% in Q2 2021.
- "Although the operating environment remains dynamic, the diversity of our business is providing the resilience and flexibility needed to drive solid financial results in fiscal year 2022, while progressing us on our path to achieve net revenues of $9 to $10 billion and adjusted EBIT margin of 15% by fiscal year 2027." said Harmit Singh, CFO.
- Shares +4.27% .
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Levi Strauss Non-GAAP EPS of $0.29 beats by $0.06, revenue of $1.47B beats by $40M