Levi's notches profit in 1st post-IPO quarter

Levi Strauss & Co., in its first report since becoming a publicly traded company last month, said that first quarter net revenue rose 6.8% or 10.7% on a constant-currency basis. In the Americas, its largest trading region, net revenue rose 9%, while its direct-to-consumer revenues including e-commerce and stores rose 10%. Wholesale revenue grew 5%, "reflecting growth in all regions," according to a company press release...
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