Levi Strauss (LEVI) Q1 Earnings Beat Estimates

Core Viewpoint - Levi Strauss reported quarterly earnings of $0.38 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, and showing an increase from $0.26 per share a year ago, representing a 35.71% earnings surprise [1][2] Financial Performance - The company posted revenues of $1.53 billion for the quarter ended February 2025, which was 0.95% below the Zacks Consensus Estimate and a decrease from $1.56 billion year-over-year [2] - Over the last four quarters, Levi Strauss has surpassed consensus EPS estimates four times but has only topped revenue estimates once [2] Stock Performance - Levi Strauss shares have declined approximately 19.7% since the beginning of the year, compared to a 13.7% decline in the S&P 500 [3] - The current Zacks Rank for Levi Strauss is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.16 on revenues of $1.42 billion, and for the current fiscal year, it is $1.27 on revenues of $6.27 billion [7] - The trend of estimate revisions for Levi Strauss is mixed, which may change following the recent earnings report [6] Industry Context - The Retail - Apparel and Shoes industry, to which Levi Strauss belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting potential challenges ahead [8]