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LEVI - Levi Strauss & Co News Story

$12.76 -0.0  -0.2%

Last Trade - 14/08/20

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £3.88bn
Enterprise Value £4.10bn
Revenue £3.84bn
Position in Universe 1117th / 6381

BRIEF-Levi Strauss & Co Says Q1 Reported Revenue $1.51 Bln Versus $1.43 Bln

Tue 7th April, 2020 11:28pm
April 7 (Reuters) - Levi Strauss & Co  LEVI.N :
    * Q1 REPORTED REVENUE $1.51 BILLION VERSUS $1.43 BILLION
    * Q1 EARNINGS PER SHARE $0.37; Q1 ADJUSTED. EARNINGS PER
SHARE
$0.40
    * Q1 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $1.47
BILLION --
REFINITIV IBES DATA
    * REDUCING DISCRETIONARY SPENDING, REVISITING INVESTMENT
STRATEGIES, SUSPENDING SHARE BUYBACK PROGRAM UNTIL FURTHER
NOTICE
    * IS ALSO REDUCING PAYROLL COSTS, INCLUDING THROUGH EMPLOYEE
FURLOUGHS AND PAY CUTS
    * IN APRIL, WE DREW DOWN $300 MILLION ON OUR SENIOR SECURED
REVOLVING CREDIT FACILITY

Source: https://bit.ly/2JJWUNU
Further company coverage:  LEVI.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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