Overview
- Levi Strauss achieved a 3% revenue increase in Q1 2025, with adjusted earnings per share of $0.38 surpassing analyst expectations.
- Direct-to-consumer (D2C) sales now account for 52% of the company's total global revenue, marking a milestone in its ongoing business transformation.
- The Dockers brand has been reclassified as a discontinued operation, with the company actively pursuing its sale and expecting a deal within 2025.
- Executives report minimal impact from newly imposed tariffs this quarter due to pre-imported inventory, with potential challenges anticipated later in the year.
- Levi Strauss emphasizes its agile, diversified supply chain and strategic pricing adjustments as key tools to mitigate tariff-related uncertainties.