Levi Strauss Reports 14.1% Sales Growth and Raises Full-Year EPS Outlook
The apparel company reported $1.74 billion in revenue and a 16% increase in direct-to-consumer sales, while lifting its full fiscal-year earnings per share guidance.
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Terms & Concepts
Direct-to-consumer sales: A retail model in which a company sells products directly to shoppers rather than through third-party wholesalers or retailers.
Earnings per share: A profitability metric showing how much net income a company generates for each outstanding share of stock.