Levi Strauss Shares Jump On Q2 Earnings, Revenue Beat, Raised Outlook

Levi Strauss & Co (NYSE:LEVI) reported second-quarter financial results after the market close on Thursday. Here’s a rundown of the report.

Q2 Earnings: Levi Strauss reported second-quarter revenue of $1.45 billion, beating analyst estimates of $1.37 billion. The company reported second-quarter adjusted earnings of 22 cents per share, beating estimates of 13 cents per share, according to Benzinga Pro.

Total revenue was up 6% on a year-over-year basis. Revenue was up 5% in the Americas, up 14% in Europe and flat in Asia. ...