LEVI STRAUSS & CO

Levi Strauss & Co. is one of the world's largest brand-name apparel companies. The company designs, markets, and sells products including jeans, casual and dress pants, activewear, tops, shorts, skirts, dresses, jackets, and related accessories for men, women, and children globally. These products are sold under the Levi's®, Levi Strauss Signature™, Denizen®, and Beyond Yoga® brands, either directly or through third parties and licensees. In the first quarter of 2024, the company decided to discontinue the Denizen® brand, with the wind-down of operations substantially complete as of March 2, 2025. In the second quarter of 2025, the company entered an agreement to sell its Dockers® business. On July 31, 2025, the intellectual property and operations for Dockers® in the U.S. and Canada were sold. The sale of the remaining Dockers® operations is expected to close in the first quarter of 2026, around February 27, 2026. The Levi's Brands business, encompassing the Levi's®, Levi Strauss Signature™, and Denizen® brands, is reported under the "Levi's Brands" caption in financial statements and is geographically divided into three reportable segments: Americas, Europe, and Asia. The Beyond Yoga® business is managed separately and is presented separately for transparency, though it does not meet the quantitative thresholds for a reportable segment. The company's products are sold in approximately 120 countries and approximately 50,000 retail locations worldwide, including approximately 3,300 brand-dedicated stores and shop-in-shops. In fiscal year 2025, over half of the company's net revenues came from outside the United States.