Today, Levi Strauss & Co. announced financial results for our third quarter of 2022. We achieved net quarterly revenues of $1.5 billion, up 7% in constant currency and 1% on a reported basis versus our third quarter of 2021.
“Despite a more challenging environment, we delivered solid third quarter results. The Levi’s brand grew 6% in constant-currency, hitting a 10- year record third quarter sales result,” said Chip Bergh, president and chief executive officer of Levi Strauss & Co. “While we expect the macroeconomic backdrop to remain unpredictable over the next few quarters, our strong brands, diversified business model and proven team position us to deliver on our long-term objectives. We have separated ourselves from the competition by making the right moves in challenging times, and this environment is no different. We will operate with discipline and lean into our strengths to further expand our lead for the years to come.”
Here are more key highlights from our latest results – and for full results, see the press release.