Levi Strauss posts 8 percent revenue growth in FY17

Net revenues at Levi Strauss & Co grew 13 percent on a reported basis and 11 percent excluding favourable 22 million dollars favourable currency translation to 1,466 million dollars in the fourth quarter ended November 27, 2017. For the full year, reported revenue grew 8 percent and 7 percent in constant currency, excluding 11 million dollars in favourable currency translation to 4,904 million dollars. Fourth quarter net income of 116 million dollars grew 20 percent, while full-year net income declined 3 percent due to a 23 million dollars loss.