Levi Strauss Exceeded Revenue Expectations in Q2

Levi Strauss & Co. announced its financial results for the second quarter that ended May 30, 2021, showing accelerated recovery and growth across all regions and channels."We significantly exceeded our expectations on revenue, adjusted gross margin and adjusted EBIT," Harmit Singh, chief financial officer of Levi Strauss & Co., said in a release on Thursday. "Revenues in most markets are recovering faster than anticipated, and we are emerging from the pandemic with sustainable and improved struc...