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US’ Levi Strauss projects FY25 growth amid strong Q1 performance
Levi Strauss & Co expects FY25 organic net revenue growth of 3.5–4.5 per cent, with gross margin projected at 61.6 per cent and adjusted EBIT margin at 11.4–11.6 per cent. Q1 FY25 revenue rose 3 per cent (reported) and 9 per cent (organic), with strong DTC and e-commerce growth. Net income reached $140 million, and adjusted EPS rose to $0.38 from $0.25 in Q1 FY24.
Levi Strauss & Co expects FY25 organic net revenue growth of 3.5–4.5 per cent, with gross margin projected at 61.6 per cent and adjusted EBIT margin at 11.4–11.6 per cent.
Q1 FY25 revenue rose 3 per cent (reported) and 9 per cent (organic), with strong DTC and e-commerce growth.
Net income reached $140 million, and adjusted EPS rose to $0.38 from $0.25 in Q1 FY24.
