Quarterly ResultOct 7, 2026, 04:17 PM
Levi Strauss Q3 Revenue Up 4% to $1.6B; Raises Full-Year Outlook
AI Summary
Levi Strauss & Co. announced its third-quarter 2026 financial results, reporting a 4% increase in net revenues to $1.6 billion and a 5% increase on an organic basis. The company saw improved operating and gross margins, partly due to tariff refunds, and raised its full-year 2026 profit and EPS guidance. Levi Strauss & Co. also plans to launch a $100 million accelerated share repurchase program. While DTC business fell short of expectations, the company is optimistic about the holiday season and expects mid-single-digit DTC growth in Q4.
Key Highlights
- Levi Strauss & Co. reported Q3 2026 net revenues of $1.6 billion, up 4% reported and 5% organic.
- Operating margin was 13.8%, up from 10.8% in Q3 2025, benefiting from tariff refunds.
- Diluted EPS from continuing operations was $0.43, up from $0.31 in Q3 2025.
- The company raised its full-year 2026 outlook for profit and EPS.
- Levi Strauss & Co. plans to initiate a $100 million accelerated share repurchase program.
- Net revenues in the Americas increased 4% reported, Europe up 4% reported, and Asia up 5% reported.
- DTC net revenues increased 2% reported, while wholesale net revenues increased 6% reported.
Price Impact
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