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Levi Strauss: Fiscal 4Q Earnings Snapshot

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SAN FRANCISCO (AP) _ Levi Strauss & Co. (LEVI) on Wednesday reported fiscal fourth-quarter earnings of $56.7 million.

On a per-share basis, the San Francisco-based company said it had net income of 14 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 20 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The jeans maker posted revenue of $1.39 billion in the period.

For the year, the company reported a loss of $127.1 million, or 32 cents per share, swinging to a loss in the period. Revenue was reported as $4.45 billion.

Levi Strauss shares have increased almost 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22, a climb of almost 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LEVI at https://www.zacks.com/ap/LEVI