LEVI STRAUSS & CO

Levi Strauss & Co. recently detected a cybersecurity incident where an unauthorized third party gained access to company files through social engineering, affecting three employee computers. The company believes certain corporate information was accessed and exfiltrated. However, Levi Strauss states that its rapid response successfully contained the access, no consumer data was impacted, and business operations remain uninterrupted. The company does not anticipate a material impact on its business strategy, operations, financial condition, or results.

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.

Levi Strauss & Co. reported strong second-quarter 2026 financial results, with net revenues increasing 8% to $1.6 billion and adjusted diluted EPS rising 27% to $0.28. The company also raised its full-year 2026 net revenue and adjusted diluted EPS outlook, reflecting confidence in its growth strategies and operating model. Additionally, Levi Strauss increased its quarterly dividend by 14% to $0.16 per share.

Levi Strauss & Co. announced that Elliott Rodgers resigned from its Board of Directors, effective June 15, 2026. His departure is attributed to his new role as an executive officer at Kohl's Corporation and is not a result of any disagreement with Levi Strauss. Following Mr. Rodgers' resignation, the Board plans to reduce its size to 11 directors.

LEVI STRAUSS & CO. has amended and restated its bylaws, effective April 23, 2026. The updated bylaws detail procedures for stockholder meetings, including the nomination of directors and the proposal of business. Key changes include specific notice requirements for stockholders, conditions for calling special meetings, and clarifications regarding virtual meetings and proxy solicitations.

Levi Strauss & Co. (LEVI) has filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 1, 2026. The filing confirms the company's compliance with SEC reporting requirements and its status as a large accelerated filer. As of March 31, 2026, the company reported 98,176,901 shares of Class A common stock and 286,419,350 shares of Class B common stock outstanding. This routine quarterly filing provides structural and procedural information, with detailed financial statements and management's discussion and analysis included in the full report.

Levi Strauss & Co. announced that Harmit Singh, Executive Vice President and Chief Financial and Growth Officer, will transition to a Special Advisor role. Mr. Singh will continue as CFO until a successor is appointed, but no later than November 30, 2026, to ensure continuity. The company has engaged an executive search firm to identify candidates for the Chief Financial Officer position. Upon his separation on November 30, 2026, Mr. Singh will receive a $3 million cash severance package and 78 weeks of subsidized COBRA coverage, in lieu of standard severance.

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.