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.
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.