In the face of a continuing, challenging macro backdrop, Levi Strauss delivered a decent quarter, with several key metrics significantly exceeding 2019 levels. Its Q4 revenues were $1.7 billion, up 22% from 2020 and 7% from 2019, owing to continued strength in the Americas and Europe, as well as a strong recovery in Asia despite Covid-19 headwinds. While the company has enjoyed multi-year tailwinds, its performance may slow down in the coming quarters as a result of the Omicron variant. In Q4, t ....

08 Feb 2022
Levi Strauss & Co. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation Report 2/22

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Levi Strauss & Co. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation Report 2/22
- Published:
08 Feb 2022 -
Author:
Ishan Majumdar -
Pages:
14 -
In the face of a continuing, challenging macro backdrop, Levi Strauss delivered a decent quarter, with several key metrics significantly exceeding 2019 levels. Its Q4 revenues were $1.7 billion, up 22% from 2020 and 7% from 2019, owing to continued strength in the Americas and Europe, as well as a strong recovery in Asia despite Covid-19 headwinds. While the company has enjoyed multi-year tailwinds, its performance may slow down in the coming quarters as a result of the Omicron variant. In Q4, t ....