Quarterly ResultJul 8, 2026, 04:17 PM
Levi Strauss Q2 Net Rev $1.56B, Net Income $87.3M; EPS $0.23
AI Summary
Levi Strauss & Co. reported strong financial results for the three and six months ended May 31, 2026, with significant increases in net revenues, net income, and earnings per share compared to the prior year. The company completed the sale of its remaining Dockers® operations, contributing to a gain on sale. Additionally, Levi Strauss initiated a $200.0 million accelerated share repurchase program during the period.
Key Highlights
- Net revenues for the three months ended May 31, 2026, increased to $1,562.0 million from $1,446.0 million.
- Net income for the three months ended May 31, 2026, rose to $87.3 million from $67.0 million.
- Basic earnings per share for the three months ended May 31, 2026, increased to $0.23 from $0.17.
- Net revenues for the six months ended May 31, 2026, grew to $3,304.5 million from $2,972.8 million.
- Net income for the six months ended May 31, 2026, was $263.1 million, up from $202.0 million.
- Basic earnings per share for the six months ended May 31, 2026, increased to $0.68 from $0.51.
- Completed the sale of the remaining Dockers® operations in Q1 2026, generating a gain of $17.3 million.
- Initiated a $200.0 million accelerated share repurchase transaction on January 30, 2026.
Price Impact
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