KEY POINTS
  • Levi now sees annual revenue growing in a range of 6% to 8%, up from prior targets of 4% to 6%, through 2027.
  • For fiscal 2022, it still projects sales to increase between 11% and 13% from 2021 levels, with adjusted earnings per share falling within a range of $1.50 to $1.56.
  • In the next five years, Levi also said it aims to expand its direct-to-consumer business to 55% of total sales and triple e-commerce revenue.

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A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California.

Levi Strauss & Co. on Wednesday maintained its outlook for the full year and boosted its financial targets over the next five years as the denim retailer grows its e-commerce business.

The company views itself as much stronger than it was before the Covid pandemic and since its public market debut in March 2019.

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