By  on October 11, 2011

Despite the effects of higher costs and aggressive discounting, Levi Strauss & Co. was able to generate a double-digit increase in third-quarter profits.

For the three months ended Aug. 28, the San Francisco-based apparel giant tallied net income of $32.2 million, up 14.2 percent from the $28.2 million reported for the comparable 2010 period.

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