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They are doing okay. I thought they were another dying, tired brand.
After profit declines in recent years, Levi’s is seeing its top and bottom lines rise once again. on Oct. 9, Levi’s reported revenue of $1.4 billion in the quarter ended Aug. 26, a 10 percent increase from the same quarter a year ago. Net income was $130 million, representing a jump of 45 percent. During 2017, Levi’s posted revenue of nearly $5 billion. The company has also cut its debt load in half over the last two years, filings show.
Actually, I need another pair of jeans. Mind as well go with the venerable brand with the red label…
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