Levi Strauss (LEVI) Q4 Earnings and Revenues Top Estimates

Core Insights - Levi Strauss (LEVI) reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of$0.48 per share, and up from $0.44 per share a year ago, representing an earnings surprise of 4.17$1.84 billion for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 7.11% and increasing from 1.64 billion year-over-year [2] - Levi Strauss has outperformed the S&P 500 with a 6.1% gain since the beginning of the year compared to the S&P 500's 3.2% gain [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.30 on revenues of $1.6 billion, and for the current fiscal year, it is$1.36 on revenues of $6.45 billion [7] - The estimate revisions trend for Levi Strauss is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Retail - Apparel and Shoes industry, to which Levi Strauss belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]