Levi Strauss — Apr 7, 2025 release

Original FY 2025 Guidance Updated FY 2025 Guidance based on Continuing Operations Organic Net Revenue 3.5% to 4.5% 3.5% to 4.5% Reported Net Revenue (1%) to (2%) (1%) to (2%) Gross Margin 100 basis points expansion to approximately 61.0%    From 60.0% base 100 basis points expansion to approximately 61.6%    From 60.6% base Adjusted EBIT Margin Expanding to 10.9% to 11.1%    70 to 90 basis points expansion    From 10.2% base Expanding to 11.4% to 11.6%    70 to 90 basis points expansion    From 10.7% base Tax Rate Approximately 23% Approximately 23% Adjusted Diluted EPS $1.20 to $1.25 including an approximate $0.20 impact from FX and a higher tax rate $1.20 to $1.25 including an approximate $0.20 impact from FX and a higher tax rate This outlook also assumes no significant worsening of macro-economic pressures on the consumer, inflationary pressures, recessionary concerns, supply chain disruptions, increased tariffs and retaliatory actions taken in response to such tariffs, or currency impacts. Adjusted diluted EPS is a non-GAAP measure. A reconciliation of non-GAAP forward looking information to the corresponding GAAP measures cannot be provided without unreasonable efforts due to the challenge in quantifying various items including but not limited to, the effects of foreign currency fluctuations, taxes, increased tariffs and retaliatory actions, and any future restructuring, restructuring-related, severance and other charges. Investor Conference Call To access the conference call, please pre-register on https://register-conf.media-server.com/register/BI0caeeb2209f743f9aa7bf696eab28afb and you will receive confirmation with dial-in details. A live webcast of the event can be accessed on https://edge.media-server.com/mmc/p/imssompy/ . A replay of the webcast will be available on http://investors.levistrauss.com starting approxi