Levi’s annual sales sag despite quarterly gains
- Share via
Levi Strauss & Co. ended its latest fiscal year on the upswing, but it still wasn’t enough to prevent the jeans maker from suffering its ninth annual sales decline in the last 10 years.
The San Francisco-based company said that it earned $95.7 million for the three months ended Nov. 28, more than doubling from net income of $43.6 million a year earlier.
Levi is privately held but discloses its results because some of its debt is publicly traded.
For the fiscal year, Levi earned $239 million, from $155.9 million in 2005.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
