Levi Strauss & Co. (NYSE:LEVI) posted its third-quarter fiscal 2026 results after Wednesday’s closing bell, missing revenue estimates. Here’s a look at the details inside the report.
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Levi Strauss Q3 Details
Levi Strauss reported quarterly earnings of 48 cents per share, inclusive of a 16 cent impact from tariff refunds, which beat the consensus estimate of 36 cents, per Benzinga Pro data.
Quarterly revenue came in at $1.61 billion, which missed the Street estimate of $1.62 billion.
Levi Strauss reported the following quarterly highlights:
- Net Revenues of $1.6 billion increased 4% on a reported basis and 5% on an organic basis versus the third quarter of 2025.
- DTC (Direct-to-Consumer) net revenues increased 2% on a reported and organic basis. DTC growth on a reported basis reflected a 2% increase in the Americas, a 1% decrease in the U.S., a 2% decrease in Europe and an 8% increase in Asia.
- Wholesale net revenues increased 6% on a reported and organic basis, driven by growth in all segments, with particularly strong performance in Europe and Asia.
“Our third-quarter performance highlighted the power of our diversified portfolio and reinforced our confidence that we have the right strategies in place,” said Michelle Gass, CEO of Levi Strauss & Co.
“We saw strong growth in our international and wholesale businesses, and continued momentum across our lifestyle categories,” Gass added.
Looking Ahead
Levi Strauss raised its fiscal 2026 adjusted EPS guidance to $1.54 to $1.56, versus the $1.54 analyst estimate, and narrowed its revenue outlook to $6.72 billion, versus the $6.76 billion estimate.
LEVI Stock Price: According to data from Benzinga Pro, Levi Strauss stock was up 0.72% to $19.51 in Wednesday’s extended trading.
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