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00:02Levi Strauss reported adjusted earnings of $0.42 per share on $1.74 billion in revenue for the
00:08first quarter of 2026, beating estimates of $0.37 per share and $1.65 billion,
00:14according to Benzinga. Revenue rose 14% year-over-year, with growth across the Americas,
00:20Europe, and Asia. Direct-to-consumer revenue increased 16%, and wholesale rose 12%.
00:26Inventory increased 4%, and cash totaled $717 million at the quarter's end.
00:32The company raised full-year revenue guidance to $6.63 billion to $6.69 billion and adjusted
00:39earnings guidance to $1.42 to $1.48 per share. Harmit Singh will retire after a successor is
00:45named. Shares were up by 10.43% at 21.70 in Wednesday's pre-market trading, according to
00:51data from Benzinga Pro. For all things money, visit Benzinga.com.
00:56Benzinga Pro. För at 7.80 in His spent $1.68 billion into $1.69 to $89 billion in revenue
00:56All
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