(Boursier.com) — Levi Strauss climbed 5% after trading last night on Wall Street, following its financial publication. The group has indeed exceeded expectations for the second fiscal quarter. Over the period, adjusted earnings per share represented 29 cents, against 23 cents consensus and 23 cents a year earlier. Revenue meanwhile totaled $1.47 billion, beating expectations by 2% from $1.28 billion a year earlier. The clothing retailer benefited in particular from strong Internet sales. Consolidated net income was $50 million and 12 cents per share. The results include charges of $60 million related to the war in Ukraine. Revenues therefore improved by 15%. The group confirms its annual revenue and earnings per share guidance and increases its quarterly dividend by 20%.
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