Exhibit 99.1

SUMMARY OF SEGMENT REPORTING CHANGES

In the fourth quarter of 2021, we changed our segment reporting as a result of operational changes in support of the ongoing efforts to globally integrate the Levi's Brands business, which includes Levi's®, Signature by Levi Strauss & Co.™ and Denizen® brands, and separate the Dockers® business. The Levi's business is defined geographically in three operating segments: Americas, Europe and Asia. The Dockers® business, which is managed separately, will no longer be reported in the three geographical regions of Americas, Europe and Asia.

Therefore, there are three reportable segments: Americas, Europe, and Asia, collectively comprising the Levi's Brands business, and Other Brands, which includes Dockers® and the newly acquired Beyond Yoga® business, which do not meet the quantitative thresholds for reportable segments and therefore are aggregated under the caption of Other Brands. While this reporting change did not impact consolidated results, the table below presents the results of the new segment reporting for the first, second, third quarters of 2021 and the first, second, third and fourth quarters of 2020 and 2019. Annual periods will be recast in the 2021 10-K, while the 2021 interim periods will be recast when presented as comparable periods in the 2022 10-Q filings.

Year Ended November 28, 2021			First Quarter						Second Quarter						Third Quarter
			(Dollars in thousands) (Unaudited)
Net revenues:
Levi's Brands:
Americas			$	606,121					$	661,435					$	782,333
Europe			416,717						354,886						479,114
Asia			232,916						191,789						162,178
Total Levi's Brands net revenues			1,255,754						1,208,110						1,423,625
Other Brands			49,847						67,861						73,958
Total net revenues			$	1,305,601					$	1,275,971					$	1,497,583
Operating income:
Levi's Brands:
Americas			$	128,650					$	147,542					$	197,999
Europe			110,587						59,387						138,684
Asia			29,244						6,255						(16,410)
Total Levi's Brands operating income			268,481						213,184						320,273
Other Brands(1)			943						2,430						5,029
Restructuring charges, net			—						(15,515)						3,615
Corporate expenses			(92,301)						(93,644)						(112,607)
Total operating income			$	177,123					$	106,455					$	216,310

_____________

(1)Includes allocation of corporate expenses that had not previously been allocated to our segments as Dockers is now measured as a stand-alone business.

Year Ended November 29, 2020			First Quarter						Second Quarter						Third Quarter						Fourth Quarter
			(Dollars in thousands) (Unaudited)
Net revenues:
Levi's Brands:
Americas			$	684,811					$	259,872					$	524,198					$	719,018
Europe			495,241						126,844						377,800						391,879
Asia			243,748						85,228						121,294						213,121
Total Levi's Brands net revenues			1,423,800						471,944						1,023,292						1,324,018
Other Brands			82,326						25,598						39,793						61,838
Total net revenues			$	1,506,126					$	497,542					$	1,063,085					$	1,385,856
Operating income (loss):
Levi's Brands:
Americas			$	113,574					$	(38,622)					$	94,350					$	149,436
Europe			131,452						(64,791)						87,396						53,809
Asia			32,532						(28,466)						(22,829)						(2,629)
Total Levi's Brands operating income			277,558						(131,879)						158,917						200,616
Other Brands(1)			8,384						(5,703)						(7,702)						1,683
Restructuring charges, net			—						(67,371)						(1,071)						(21,973)
Corporate expenses			(107,160)						(243,291)						(57,819)						(88,308)
Total operating income (loss)			$	178,782					$	(448,244)					$	92,325					$	92,018

_____________

(1)Includes allocation of corporate expenses that had not previously been allocated to our segments as Dockers is now measured as a stand-alone business.

Year Ended November 24, 2019			First Quarter						Second Quarter						Third Quarter						Fourth Quarter
			(Dollars in thousands) (Unaudited)
Net revenues:
Levi's Brands:
Americas			$	652,571					$	620,122					$	701,815					$	796,575
Europe			448,284						384,881						445,668						428,636
Asia			249,543						218,394						210,485						247,698
Total Levi's Brands net revenues			1,350,398						1,223,397						1,357,968						1,472,909
Other Brands			84,060						89,543						89,113						95,699
Total net revenues			$	1,434,458					$	1,312,940					$	1,447,081					$	1,568,608
Operating income:
Levi's Brands:
Americas			$	112,788					$	102,979					$	144,519					$	159,400
Europe			119,503						60,037						99,857						70,670
Asia			43,378						17,380						17,934						8,798
Total Levi's Brands operating income			275,669						180,396						262,310						238,868
Other Brands(1)			7,929						(8,237)						4,728						2,752
Corporate expenses			(82,686)						(109,261)						(95,820)						(109,973)
Total operating income			$	200,912					$	62,898					$	171,218					$	131,647

_____________

(1)Includes allocation of corporate expenses that had not previously been allocated to our segments as Dockers is now measured as a stand-alone business.