Levi (LEVI) Tops Q2 EPS by 1c, Offers Guidance

Levi (NYSE: LEVI) reported Q2 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.34 billion.

GUIDANCE:

Levi sees FY2023 EPS of $1.10-$1.20, versus the consensus of $1.29.

• Reported net revenues are now expected to grow between 1.5% to 2.5% year-over-year vs. prior expectations of 1.5% to 3%.
• Adjusted diluted EPS is now expected between $1.10 to $1.20 vs. $1.30 to $1.40 previously.
• More details will be provided during the earnings conference call.
• This outlook also assumes no significant worsening of macro-economic pressures on the consumer, inflationary pressures, supply chain disruptions, or currency impacts.
  

For earnings history and earnings-related data on Levi (LEVI) click here.

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