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Levi Strauss December 2020 – February 2021 Financial Results

English

Have you ever heard of Levi Strauss (ticker symbol: LEVI), a U.S. stock?

It is an apparel manufacturer that offers the Levi’s brand of jeans.

So in this article, I will introduce the company’s financial results for the period December 2020 to February 2021, which were announced on April 8, 2021.

FY12/2020-FY02/2021

EPS: 34¢ vs. 24¢ expected.

Net sales: $1.31 billion vs. forecast of $1.25 billion.

Sales growth was -13.3% YoY.

Operating cash flow was $69 million. Cash flow from operations was $69 million compared to $198 million in the same period last year.

Digital sales were up 41%.

Digital sales as a percentage of total sales was 26%. Digital sales as a percentage of total sales were 26%, compared to 16% in the same period last year.

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