Levi Strauss & (LEVI) - 2024 Q1 - Quarterly Results

OF $0.26 Exhibit 99.1 FOR IMMEDIATE RELEASE Investor Contact: Aida Orphan Media Contact: Elizabeth Owen Levi Strauss & Co. Levi Strauss & Co. (415) 501-6194 (415) 501-7777 Investor-Relations@levi.com NewsMediaRequests@levi.com LEVI STRAUSS & CO. REPORTS FIRST-QUARTER 2024 FINANCIAL RESULTS Q1 EARNINGS RESULTS ABOVE EXPECTATIONS GROSS MARGIN OF 58.2% UP 240 BPS OVER PRIOR YEAR DRIVEN BY LOWER PRODUCT COSTS & FAVORABLE MIX SHIFT GLOBAL DTC UP 7% INCLUDING 10% GROWTH IN THE U.S. DILUTED LOSS PER SHARE OF $(0.0 ...