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Levi Strauss & Co. Reports Third-Quarter Results

Business Wire•07/10/2026•16:10 ET
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Key Highlights

  • ➤FY 2026 adjusted diluted EPS guidance raised to $1.54-$1.56
  • ➤Q3 net revenues $1.6 billion, up 4% reported and 5% organic
  • ➤Q3 adjusted diluted EPS $0.48 versus $0.34 in Q3 2025
  • ➤FY 2026 adjusted EBIT margin outlook raised to approximately 12.1%
  • ➤Levi’s plans to initiate a $100 million accelerated share repurchase

Expert Statements

Michelle Gass, President and CEO of Levi Strauss & Co.

“Our third-quarter performance highlighted the power of our diversified portfolio and reinforced our confidence that we have the right strategies in place.”

Michelle Gass, President and CEO of Levi Strauss & Co.

“We saw strong growth in our international and wholesale businesses, and continued momentum across our lifestyle categories. While our direct-to-consumer business fell short of our internal expectations, we moved quickly to address the shortfall and are encouraged by the strength we are seeing heading into the holiday season, including in the U.S. Based on the acceleration in recent trends, our DTC business is on track to deliver mid-single-digit growth in the fourth quarter.”

Harmit Singh, Chief Financial and Growth Officer of Levi Strauss & Co.

“We delivered another quarter of mid-single-digit revenue growth while navigating a dynamic operating environment.”

Harmit Singh, Chief Financial and Growth Officer of Levi Strauss & Co.

“We made the decision to redeploy a majority of our tariff refund benefit back into the business during Q3 and Q4 to support future growth. Reflecting confidence in our outlook, we are raising our full-year profit guidance and plan to initiate a $100 million accelerated share repurchase program.”

Continuing Operations Diluted EPS of $0.43; Adj Diluted EPS of $0.48

Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the third quarter ended August 30, 2026.

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