Strong Financial Performance
Levi Strauss & Co. delivered a strong quarter with high single-digit organic revenue growth for the fourth consecutive quarter, driving confidence to raise full-year revenue and EPS guidance.
Direct-to-Consumer Channel Growth
DTC sales grew by 9%, driven by strong performance in both stores and online, with high single-digit comp growth and margin expansion of over 400 basis points.
Expansion in Asia
International business grew 9%, with Asia accelerating to double-digit growth in key markets like India, Japan, Korea, and Turkey.
Women's Business Growth
Levi's women's business grew 12% year-to-date, with strong growth in tops up 9% and bottoms up 6%.
E-commerce Surge
E-commerce grew 16%, driven by an increase in traffic across all segments, expected to comprise 15% of total business from 9% today.