Earnings Webcast

Levi Strauss & Co, will issue a quarterly earnings release and host an earnings webcast in February, April, July and October. Please check back at the beginning of these months for specific dates and times.

Forward-Looking Statements
The discussion in this conference call, webcast and website may contain, in addition to historical information, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include statements relating to our anticipated sales performance and trends; gross margins and operating income margins; cash flows; business strategies and initiatives; and other matters. We have based these forward-looking statements on the assumptions, expectations and projections about future events that we hold at the time the statements are made. We use words like “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements.

Investors should consider the information contained in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Reports on Form 10-K, especially in the "Management’s Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections, our most recent Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. Other unknown or unpredictable factors also could have material adverse effects on our future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this conference call, webcast and website may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our beliefs at the time the statements are made.

We do not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, nor any other information provided in a conference call, webcast, news release, SEC filing or website.

Retail Sales Measures
During this call and webcast, you may hear us talk about sell-through numbers or retail sales trends. When we talk about sell-through and retail sales, we are referring to retail over-the-counter dollar sales of our non-licensed products. We use sell-through data internally as an indicator of consumer demand for our products at retail. We compile sell-through data based on information we receive from a group of our top U.S. retail accounts. Our sell-through methodology may change in the future based on changes in our customer base or channels of distribution. Sell-through dollars do not include taxes and may not be consistently calculated from retailer to retailer including, for example, the treatment of markdowns, coupons and discounts. Other companies may discuss sell-through and could obtain data or compute it differently from us.

Net Debt
You may also hear us talk about our “net debt.” We define net debt as total debt outstanding (excluding capitalized leases), minus cash and cash equivalents.

Working Capital
We define working capital as the total of accounts receivable and net inventories, less trade accounts payable.

Copyright Information
This webcast is on a listen-only basis. This webcast and conference call will be simultaneously recorded and will consist of copyrighted material. You may not record, reproduce, retransmit or rebroadcast these materials or any portion thereof without Levi Strauss & Co.’s express written permission. Your participation represents your consent to these terms and conditions. Participation as a questioner in the conference call constitutes your consent to having any comments or statements you make appear on any transcript or broadcast of this call. These terms and conditions are governed by California law.

Questions About the Webcast
For more information about the Webcast, contact Investor-relations@Levi.com.

Unauthorized recording or downloading of this event is not permitted.