Quarterly ResultApr 7, 2026, 04:16 PM
Levi Strauss & Co. Reports Q1 2026 Results, Exceeding Guidance with Reported Net Revenues Up 14% and Diluted EPS of $0.45
AI Summary
Levi Strauss & Co. announced strong first-quarter 2026 financial results, with sales, margins, and earnings per share all surpassing company guidance. The company reported a significant increase in net revenues, both on a reported and organic basis, demonstrating robust performance. This positive momentum has led management to raise its full-year outlook, signaling confidence in continued growth and operational efficiency for the remainder of 2026.
Key Highlights
- Reported net revenues increased by 14% in the first quarter of 2026.
- Organic net revenues grew by 9% for the quarter.
- Continuing operations diluted EPS reached $0.45.
- Adjusted diluted EPS stood at $0.42.
- Sales, margins, and EPS all performed above the company's guidance.
- Levi Strauss & Co. has raised its full-year financial outlook.