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Business Segment Information (Tables)

3 Months Ended

Mar. 01, 2026

Segment Reporting [Abstract]

Business Segment Information

Business segment information for the Company is as follows: 

			Three Months Ended March 1, 2026
			Levi’s Brands
			Americas						Europe						Asia						Total
			(Dollars in millions)
Segment net revenues			$	855.7					$	496.0					$	347.5					$	1,699.2
Beyond Yoga® net revenues																					43.3
Total net revenues																					$	1,742.5
Segment cost of goods sold			376.9						131.7						128.8
Segment selling, general, and administrative			315.6						235.1						148.3
Segment operating income			$	163.2					$	129.2					$	70.4					$	362.8
Beyond Yoga® operating loss																					(0.8)
Restructuring charges, net(1)																					(7.9)
Corporate expenses																					(155.4)
Interest expense																					(13.1)
Other income (expense), net(2)																					42.6
Income from continuing operations before income taxes																					$	228.2

____________

(1)     For the three months ended March 1, 2026 restructuring charges, net consisted primarily of severance and post-employment benefit charges.

(2)     For the three months ended March 1, 2026 other income (expense), net includes a $33.0 million gain on legal settlement.

			Three Months Ended March 2, 2025
			Levi’s Brands
			Americas						Europe						Asia						Total
			(Dollars in millions)
Segment net revenues			$	783.0					$	400.5					$	308.1					$	1,491.6
Beyond Yoga® net revenues																					35.2
Total net revenues																					$	1,526.8
Segment cost of goods sold			337.2						117.6						117.4
Segment selling, general, and administrative			276.1						180.5						132.8
Segment operating income			$	169.7					$	102.4					$	57.9					$	330.0
Beyond Yoga® operating loss																					(3.1)
Restructuring charges, net(1)																					(6.7)
Corporate expenses																					(128.6)
Interest expense																					(10.9)
Other income (expense), net																					(4.1)
Income from continuing operations before income taxes																					$	176.6

____________

(1)For the three months ended March 2, 2025 restructuring charges, net consisted primarily of severance, post-employment benefit charges, contract termination costs and asset impairments in connection with Project Fuel.

Reconciliation of other significant reconciling items

			March 1, 2026
			Levi's Brands
			Americas						Europe						Asia						Segment Total						Unallocated(1)						Consolidated Total
			(Dollars in millions)
Assets:
Inventories			$	681.1					$	175.9					$	186.9					$	1,043.9					$	76.7					$	1,120.6
All other assets																											5,454.2						5,454.2
Total assets																																	$	6,574.8

____________

(1) Unallocated inventories include $40.4 million of Beyond Yoga inventory.

			November 30, 2025
			Levi's Brands
			Americas						Europe						Asia						Segment Total						Unallocated(1)						Consolidated Total
			(Dollars in millions)
Assets:
Inventories			$	761.7					$	161.3					$	178.1					$	1,101.1					$	136.6					$	1,237.7
All other assets																											5,611.1						5,611.1
Total assets																																	$	6,848.8

____________

(1) Unallocated inventories include $38.5 million of Beyond Yoga inventory.

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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