Today, Levi Strauss & Co. announced financial results for our fourth quarter 2021 and fiscal year 2021, with quarterly revenues of $1.7 billion, up 22% from our fourth quarter of 2020. For fiscal year 2021, we had revenues of $5.8 billion, up 29% from fiscal year 2020.
“We had a strong finish to 2021 and I can confidently say that we are a stronger company than ever before. Today’s results reflect robust financial performance, marked by sequential improvement through the year, despite navigating ongoing business disruption from the pandemic. Through it all, we have stayed focused on our future and our momentum continues to accelerate into 2022,” said Chip Bergh, LS&Co. president and chief executive officer. “We are well positioned for long-term, sustainable growth – our strong brand equity is driving pricing power, we’re boldly diversifying our business and continuing to expand our high margin DTC business. As good as this past year has been, I am confident the future will be even better.”
Here are more key highlights from our latest results – and for full results, see the press release.