Levi Strauss & Co (LEVI) shares soared 5.06% on Thursday in the intraday trading session, following the company's impressive fourth-quarter fiscal 2024 results and upbeat outlook for 2025. The iconic denim brand reported better-than-expected earnings and revenue, driven by solid growth across its core business segments.

For the fourth quarter, Levi's posted adjusted earnings per share of $0.50, surpassing the consensus estimate of $0.48. Net revenues climbed 12% year-over-year to $1.84 billion, outpacing analysts' expectations of $1.72 billion. On an organic basis, excluding the impact of currency fluctuations and the exit of some non-core businesses, net revenues grew an impressive 8%.

The company's strong performance was fueled by broad-based strength across its product categories, channels, and geographic regions. Highlights included:

• Direct-to-consumer (DTC) net revenues surged 19% on a reported basis and 14% organically, driven by double-digit growth in all major markets, including the U.S., Europe, and Asia.
• The Levi's brand, the company's flagship label, saw an 8% increase in revenues, boosted by robust demand for both men's and women's products, particularly in the popular loose and baggy fits.
• International markets, such as Mexico, France, the UK, and India, delivered strong performances, contributing to a 9% organic revenue growth for the company's international business.

In addition to the stellar fourth-quarter results, Levi's provided an optimistic outlook for fiscal 2025. The company forecasts organic net revenue growth of 3.5% to 4.5%, while adjusted EBIT margin is expected to expand to the range of 10.9% to 11.1%, up from 10.2% in fiscal 2024. This projected growth is underpinned by Levi's strategic priorities, including driving the Levi's brand across genders and categories, accelerating its DTC channels, and expanding its geographic portfolio.

Levi's impressive performance and robust outlook underscore the company's successful transformation into a best-in-class omni-channel retailer, supported by its solid product pipeline, effective marketing efforts, and continued retail expansion.