Levi Strauss Declares Quarterly Dividend of $0.14
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy LEVI?
Source: seekingalpha
- Quarterly Dividend Announcement: Levi Strauss declares a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy.
- Yield Information: The forward yield of 2.84% provides investors with a relatively attractive return, reflecting the company's financial health in the current market environment.
- Shareholder Record Dates: The dividend will be payable on May 6, with a record date of April 22 and an ex-dividend date also on April 22, ensuring shareholders receive their earnings promptly.
- Market Attention: Analysts express cautious views on Levi Strauss's future sales growth, as the company seeks expansion beyond jeans, necessitating close monitoring of its overall performance.
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Analyst Views on LEVI
Wall Street analysts forecast LEVI stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 19.710
Low
26.00
Averages
26.50
High
27.00
Current: 19.710
Low
26.00
Averages
26.50
High
27.00
About LEVI
Levi Strauss & Co. is an apparel company. The Company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Levi Strauss Signature, and Beyond Yoga brands. The Company operates through three geographical segments: Americas, Europe and Asia. It designs, markets and sells directly or through third parties and licensees’ products that include jeans, casual and dress pants, activewear, tops, shorts, skirts, dresses, jackets and related accessories for men, women and children around the world. Its products are sold in approximately 120 countries worldwide through a combination of chain retailers, department stores, online sites, and a global footprint of approximately 3,300 retail stores and shop-in shops. Outside the United States, department stores, specialty retailers, franchised or other brand-dedicated stores and shop-in-shops have traditionally been its primary distribution channels.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Earnings Report: Levi Strauss reported earnings of $0.42 per share for Q1, exceeding analysts' expectations.
Analyst Estimates: The consensus estimate for Levi Strauss was $0.37 per share, indicating a positive performance relative to market predictions.
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- Levi Strauss Q1 Revenue: Levi Strauss reported a revenue of $1.74 billion for the first quarter.
- Comparison with Estimates: This figure exceeds analysts' estimates, which were set at $1.65 billion.
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Market Overview: The article discusses the performance of Levi Strauss & Co., highlighting a slight decline in earnings per share (EPS) to $0.45.
Financial Analysis: The report indicates that the company's financial results reflect broader market trends and consumer behavior, impacting overall sales and profitability.
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- Earnings Announcement Date: Levi Strauss (LEVI) is set to release its Q1 earnings on April 7 after market close, with consensus EPS estimate at $0.37, reflecting a 2.6% year-over-year decline, and revenue estimate at $1.65 billion, indicating a 7.8% year-over-year increase, which will significantly impact investor confidence in the company's future performance.
- Historical Performance Review: Over the past two years, Levi Strauss has exceeded EPS estimates 100% of the time and revenue estimates 63% of the time, showcasing the company's stability in profitability, which may attract more investor interest in its stock.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and ten downward adjustments, while revenue estimates experienced seven upward revisions and two downward adjustments, reflecting market caution regarding Levi Strauss's future growth, potentially influencing stock price volatility.
- Market Analysis Perspectives: Recent analyst views on Levi's earnings are cautious, as concerns over overall sales growth, despite strong performance in the jeans market, may affect investor sentiment, especially as the company seeks to diversify its growth strategy.
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- Quarterly Dividend Announcement: Levi Strauss declares a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy.
- Yield Information: The forward yield of 2.84% provides investors with a relatively attractive return, reflecting the company's financial health in the current market environment.
- Shareholder Record Dates: The dividend will be payable on May 6, with a record date of April 22 and an ex-dividend date also on April 22, ensuring shareholders receive their earnings promptly.
- Market Attention: Analysts express cautious views on Levi Strauss's future sales growth, as the company seeks expansion beyond jeans, necessitating close monitoring of its overall performance.
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- Earnings Beat: Levi Strauss (LEVI) reported first-quarter earnings that exceeded expectations, resulting in a 9.8% premarket share price increase to $21.65, reflecting strong performance in the premium denim market.
- Direct-to-Consumer Growth: The company saw robust growth in its direct-to-consumer sales channels, particularly with women's products and tops, which both increased by 13%, indicating successful market expansion strategies.
- Analyst Optimism: Needham and BTIG both issued 'Buy' ratings for Levi Strauss, with price targets of $28 and $27 respectively, showcasing analysts' confidence in the company's ongoing growth and strategic execution.
- Strength Across Regions: Barclays analysts noted strong performance across all regions and sales channels, reinforcing the effectiveness of Levi's long-term strategies and solidifying its competitive position in the market.
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