Jeans maker Levi Strauss & Co. said fourth-quarter profit fell 77% from the same period a year earlier, when the company enjoyed a tax benefit, as sales growth slowed.
Net income fell to $62.3 million in the three months ended Nov. 30 from $267.1 million a year earlier, the San Francisco company said. Sales including licensing revenue advanced 1.2% to $1.27 billion.
