← LEVI STRAUSS & CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net revenues | $4.6b | $4.9b | $5.6b | $5.8b | $4.5b | $5.8b | $6.2b | $6.2b | $6.4b | $6.3b | |
| Cost of goods sold | $2.2b | $2.3b | $2.6b | $2.7b | $2.1b | $2.4b | $2.6b | $2.7b | $2.5b | $2.4b | |
| Gross profit | $2.3b | $2.6b | $3.0b | $3.1b | $2.4b | $3.3b | $3.5b | $3.5b | $3.8b | $3.9b | |
| Operating income | $462.2m | $467.2m | $537.1m | $566.7m | ($85.1m) | $686.2m | $646.5m | $353.3m | $264.1m | $677.6m | |
| Restructuring charges, net | $312k | $0 | — | — | — | — | $9.1m | $20.3m | $188.7m | $24.5m | |
| Goodwill and other intangible asset impairment charges | — | — | — | — | — | $0 | $11.6m | $90.2m | $116.9m | $2.5m | |
| Income from continuing operations before income taxes | $407.3m | $348.8m | $500.0m | $477.6m | ($189.8m) | $580.2m | $649.6m | $265.2m | $219.0m | $634.0m | |
| Net income from continuing operations | — | — | — | — | — | — | — | $250.6m | $210.4m | $502.0m | |
| Net income (loss) from discontinued operations, net of taxes | — | — | — | — | — | — | — | ($1.0m) | $200k | $76.1m | |
| Basic (in shares) | — | $376.2m | $377.1m | $389.1m | $397.3m | $401.6m | $397.3m | $397.2m | $398.2m | $395.5m | |
| Diluted (in shares) | — | $384.3m | $388.6m | $408.4m | $397.3m | $409.8m | $403.8m | $401.7m | $402.4m | $399.7m | |
| Net income | $291.2m | $284.6m | $285.2m | $395.0m | ($127.1m) | $553.5m | $569.1m | $249.6m | $210.6m | $578.1m | |
| Net income - Basic (usd per share) | — | $1 | $1 | $1 | ($0) | $1 | $1 | $1 | $1 | $1 | |
| Net income - Diluted (usd per share) | — | $1 | $1 | $1 | ($0) | $1 | $1 | $1 | $1 | $1 | |
| Continuing operations - Basic (usd per share) | — | — | — | — | — | — | — | $0.63 | $0.53 | $1.27 | |
| Discontinued operations - Basic (usd per share) | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.19 | |
| Continuing operations - Diluted (usd per share) | — | — | — | — | — | — | — | $0.62 | $0.52 | $1.26 | |
| Discontinued operations - Diluted (usd per share) | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.19 | |
| Selling, general and administrative expenses | $1.9b | $2.1b | $2.5b | $2.5b | $2.3b | $2.7b | $2.9b | $3.1b | $3.2b | $3.2b | |
| Interest expense | ($73.2m) | ($68.6m) | ($55.3m) | ($66.2m) | ($82.2m) | ($72.9m) | ($25.7m) | ($45.9m) | ($41.8m) | ($48.6m) | |
| Other income (expense), net | $18.2m | ($27.0m) | $18.3m | $2.0m | ($22.5m) | $3.5m | $28.8m | ($42.2m) | ($3.3m) | $5.0m | |
| Income tax expense | $116.1m | $64.2m | $214.8m | $82.6m | ($62.6m) | $26.7m | $80.5m | $15.6m | $8.4m | $132.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.