Today, Levi Strauss & Co. announced financial results for Q1 FY24, and our performance signifying that our strategies are working. We’re off to a strong start to 2024, and in such, we are reaffirming our revenue outlook while slightly raising our full-year EPS guidance.
“We started the year strong delivering results above expectations, underscoring the power of the Levi’s® brand and the progress we are making on our strategic priorities. Both newness and strength in our core offerings are fueling consumer demand and driving meaningful market share gains,” said Michelle Gass, President and CEO of Levi Strauss & Co.
She added, “The momentum in our global DTC business continues, with DTC up in all segments. Our efforts to stabilize our wholesale business are delivering results. We are on our way to transforming this company into a best-in-class DTC-first apparel retailer, setting the stage for our next phase of sustainable profitable growth.”
See the press release for the full results and check out key highlights below.
