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Levi Strauss no longer expects to hit $9 billion to $10 billion in revenues by 2027

Article by Zak Stambor  |  Sep 24, 2024
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Levi Strauss no longer expects to hit $9 billion to $10 billion in revenues by 2027
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Consumer Behavior
Apparel & Accessories
United States

The news: Levi Strauss is walking back former CEO Chip Bergh’s long-term goal of $9 billion to $10 billion in revenues by 2027, per The Financial Times.

  • The company reported net revenues of $6.2 billion in the year ended November 26, 2023—roughly flat from the previous year.
  • Net income fell to $250 million, from $569 million the year before.

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