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Levi's revenue tops estimates as online biz thrives, sales trends improve

The company reported a 25% increase in its online business in the second quarter ended May 24, with a month-over-month rise of nearly 80% in May

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Met with temporary closure of its own stores as well as partner outlets, Levi introduced curbside pickup and started fulfilling online orders at its stores, with customers turning to online shopping to avoid contact with people. Photo: Twitter

Reuters
Levi Strauss & Co's quarterly revenue topped estimates on Tuesday, and the denim apparel maker said its sales were improving as stores reopen following government-mandated Covid-19 lockdowns.
 
The company reported a 25% increase in its online business in the second quarter ended May 24, with a month-over-month rise of nearly 80% in May, as consumers shopped more on its website and app.
 
Met with temporary closure of its own stores as well as partner outlets, Levi introduced curbside pickup and started fulfilling online orders at its stores, with customers turning to online shopping to avoid contact with people.
 
The company,