LEVI FY 2015 Earnings Report — Levi Strauss & Co. Revenue & Financial Results | Market Cap Arena

Levi Strauss & Co.LEVI

FY 2015 Earnings

Reported February 11, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$4.5B	—	—	—	—
Op. Income	$431M	—	—	—	—
Gross Margin	50.5%	—	—	—	—
Net Margin	4.7%	—	—	—	—
EPS (Diluted)	$0.53	—	—	—	—
Free Cash Flow	$114M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$4.5B
Cost of Revenue	$2.2B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$14M
Operating Expenses	$1.8B
Cost & Expenses	$4.1B
OPERATING INCOME	$431M
Interest Income	$1M
Interest Expense	$81M
Other Income/Expenses	-$121M
INCOME BEFORE TAX	$310M
Income Tax Expense	$101M
Net Income from Continuing Ops	$210M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$209M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$209M
D&A	$102M
EBIT	$392M
EBITDA	$494M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$4.5B
Cost of Revenue	$2.2B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$14M
Operating Expenses	$1.8B
Cost & Expenses	$4.1B
OPERATING INCOME	$431M
Interest Income	$1M
Interest Expense	$81M
Other Income/Expenses	-$121M
INCOME BEFORE TAX	$310M
Income Tax Expense	$101M
Net Income from Continuing Ops	$210M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$209M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$209M
D&A	$102M
EBIT	$392M
EBITDA	$494M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$210M
Depreciation & Amortization	$102M
Stock-Based Compensation	$15M
Deferred Income Tax	$58M
Other Non-Cash Items	$7M
Change in Working Capital	-$174M
OPERATING CASH FLOW	$218M
Capital Expenditure	-$105M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$24M
NET CASH FROM INVESTING	-$81M
Net Debt Issuance	-$36M
Common Stock Repurchased	-$4M
Common Dividends Paid	-$50M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$95M
FREE CASH FLOW	$114M
Net Change in Cash	$20M

Balance Sheet

Item	Amount
Cash & Equivalents	$319M
Short-Term Investments	$0
Net Receivables	$498M
Inventory	$607M
Other Current Assets	$105M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$391M
Goodwill	$235M
Intangible Assets	$43M
Long-Term Investments	$0
Tax Assets	$581M
Other Non-Current Assets	$106M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$2.9B
Account Payables	$238M
Short-Term Debt	$148M
Deferred Revenue	$0
Other Current Liabilities	$20M
TOTAL CURRENT LIABILITIES	$846M
Long-Term Debt	$1.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$620M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$2.5B
Common Stock	$375.0K
Additional Paid-In Capital	$3M
Retained Earnings	-$379M
Treasury Stock	$0
Accum. Other Comp. Income	$706M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$399M
Minority Interest	$2M
TOTAL EQUITY	$401M
TOTAL LIABILITIES & EQUITY	$2.9B
Total Debt	$1.2B
Net Debt	$846M