Levi Strauss Investor Day Presentation Deck
OUR CAPITAL ALLOCATION
PRIORITIES
REINVEST FOR GROWTH
1 Capex
(3.5-4% of net revenue)
Strategic investments:
DTC expansion (new
stores and DCs)
E-commerce
●
●
Digital transformation
(Al and ERP)
LEVI STRAUSS & CO.
RETURN CAPITAL TO SHAREHOLDERS
2
4
Dividends
Maintain a dividend payout ratio of 25-35%, with
dividends growing in line with Net Income
Share repurchases
Repurchase shares with the goal of offsetting
dilution and/or opportunistic buybacks
Aim to return ~55-65% of our free cash flow in the
form of dividends and share repurchases
M&A
3
Acquisitions
Evaluate high ROI
organic and inorganic
acquisitions that support
our current strategies
We will continue to have a disciplined capital allocation strategy which prioritizes
high ROI growth driven investments, while returning excess cash to shareholders
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