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Levi Strauss & Co. LEVI Corporate Segment — Restructuring charges, net

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$1.7B+14.1%
Gross profit$1.1B+13.8%
Operating income$198.7M+3.7%
Net income$175.8M+30.2%
EPS (diluted)$0.45+32.4%

Balance sheet

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Cash & equivalents$716.6M+24.8%
Total debt$2.3B+4.4%
Total equity$2.3B+15.6%
Total assets$6.6B-4.0%

Cash flow

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Operating cash flow$211.5M+303%
CapEx$59.4M-10.8%
Free cash flow$152.1M+1,179%

Valuation

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Market cap$9.11B+15.4%
Enterprise value$10.71B+11.6%
P/E14.7×-7.4×
P/S1.4×+0.1×

Profitability

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Gross margin61.7%+0.2pp
Operating margin10.5%+3.1pp
Net margin9.5%+3.7pp
FCF margin5.9%-4.9pp

Returns & leverage

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Return on equity27.2%+16.7pp
Debt / equity-0.1×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Levi Strauss & Co. in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Levi Strauss & Co.’s 10-K, filed January 27, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate segment — restructuring charges, net mean?
The net financial impact of corporate reorganization efforts after accounting for any related gains.
How do you interpret corporate segment — restructuring charges, net?
A net charge indicates a cost to the business, while a net gain suggests that restructuring activities resulted in asset recoveries or lower-than-expected costs.
How does corporate segment — restructuring charges, net compare across companies?
Commonly found in the 'Other Operating Income/Expense' section of income statements for multinational corporations undergoing transformation.