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LEVI STRAUSS & CO

For the period ended Dec 1, 2024. Filed Jan 29, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Jan 29, 2025

LEVI$24.10+5.4%Stored close · as of Nov 9, 2026

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Item 2. Properties

Item 2.PROPERTIES

We conduct manufacturing, distribution and administrative activities in owned and leased facilities. As of December 1, 2024, we operated two manufacturing-related facilities abroad and 14 distribution centers around the world. In addition, during fiscal year 2024, we entered into a lease agreement with a third-party logistics provider to operate a distribution center in Ohio. We have renewal rights for most of our property leases. We anticipate that we will be able to extend these leases on terms satisfactory to us or, if necessary, locate substitute facilities on acceptable terms. We believe our facilities and equipment are in good condition and are suitable and adequate to meet our current requirements. Information about our principal operating properties in use as of December 1, 2024 is summarized in the following table:

LocationPrimary UseLeased/Owned
San Francisco, CADesign and Product DevelopmentLeased
Erlanger, KYDistributionLeased
Hebron, KYDistributionOwned
Canton, MSDistributionOwned
Henderson, NVDistributionOwned
Etobicoke, CanadaDistributionOwned
Itapevi, BrazilDistributionLeased
Cuautitlan, MexicoDistributionLeased
Villa El Salvador, PeruDistributionLeased
Pudahuel, ChileDistributionLeased
Dorsten, GermanyDistributionLeased
Plock, PolandManufacturing and FinishingLeased(1)
Northhampton, U.K.DistributionLeased
Colombus, OHDistributionLeased
Itagui, ColombiaDistributionLeased
Cape Town, South AfricaManufacturing, Finishing and DistributionLeased

(1) Building and improvements are owned but subject to a ground lease.

Our global headquarters is located in leased premises in San Francisco, California, and we have additional commercial support offices in Diegem, Belgium and Singapore. The headquarters of Dockers® and Beyond Yoga® are located in leased premises in San Francisco, California and Culver City, California, respectively.

In addition to the above, we operate finance shared service centers in Eugene, Oregon and Bangalore, India. We also operate two data centers located in Carrollton and Westlake, Texas. As of December 1, 2024, we leased 65 administrative and sales offices in 35 countries, as well as leased 7 warehouses in three countries.

As of December 1, 2024, we had 1,163 company-operated Levi's retail and outlet stores in leased premises in 39 countries: 458 stores in the Americas, 299 stores in Europe and 406 stores in Asia. Additionally, we had 106 Dockers® retail and outlet stores in leased premises, and seven Beyond Yoga® retail stores.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.