By Ananya Mariam Rajesh

(Reuters) -Levi Strauss & Co quarterly results beat Wall Street estimates on Wednesday, helped by price increases and strong demand for its jeans, tops and jackets as more people venture out and attend social events.

The shares of jeans manufacturer Jeans International, Inc., rose by about 2% during extended trading.

Levi has seen price increases that have been aimed to reduce the effect of supply chain disruptions. Inventory shortages and inflationary forces, as well as a rising trend in high-rise jeans. Wrangler has also witnessed a rise in sales thanks to Wrangler’s increasing popularity for loose-fitting, high-rise clothes.

According to Dana Telsey of Telsey Advisory Group retail analyst, double-digit sales growth was achieved in all markets.

According to IBES data from Refinitiv, Levi’s first quarter revenue increased 21.8%, to $1.59 Billion. This compares with the average analyst estimate of $1.55 Billion.

San Francisco-based business saw its net income rise to $195.8million (48 cents per stock) from $142.5 million or 35c per share a year prior.

Levi’s earnings were 46 cents per Share, excluding items. This is higher than the 42 cents expected.