Levi (LEVI) Tops Q2 EPS by 1c

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Levi Strauss & Co. Reports Second-Quarter 2020 Financial Results

July 7, 2020 4:03 PM EDT

Reported Revenues of $0.5 Billion were down 62 percent

Diluted EPS was $(0.91); Adjusted Diluted EPS was $(0.48)

Total Available Liquidity increased to $2.0 Billion; Cash at Quarter End was $1.4 Billion

SAN FRANCISCO--(BUSINESS WIRE)-- Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the second quarter ended May 24, 2020.

The coincidence of the companys fiscal quarter with the roughly ten-week duration of the temporary closure of the companys and its customers stores in response to the COVID-19 pandemic... More