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StocksMediumUpdated•Originally published 8 April 2026•Updated 9 April 2026•

1 min read

Levi Strauss Shares Surge 10.8% on Q1 Earnings Beat and Raised Guidance

3D metallic 'PVH' text with 'CALVIN KLEIN' and 'TOMMY HILFIGER' names. Upward trend line, 'EARNINGS BEAT', 'REVENUE: +14%', and '2026 GUIDANCE' on an orange background.

Key Facts

1Levi Strauss & Co (LEVI) stock surged 10.8% to trade at $21.83, marking its best day since July.

about 2 months ago

Version History

1 additional source confirmed this story

Version 1about 2 months ago

What changed: Added new information regarding Zacks Investment Research designating LEVI as a '#1 (Strong Buy)' stock following its strong Q1 performance.

Levi Strauss & Co (LEVI) shares experienced a significant 10.8% surge to reach $21.83, marking the stock's best single-day performance since last July. This rally was initially driven by a first-quarter report that surpassed analyst expectations for both earnings and revenue. In a further boost to investor sentiment, Zacks Investment Research has now designated LEVI as a '#1 (Strong Buy)' stock. This top-tier ranking reflects significant upward revisions in earnings estimates following the company's robust quarterly results. Additionally, management's decision to raise forward-looking guidance for the remainder of the year continues to bolster confidence in the retailer's operational efficiency. The combination of strong financial performance and the Zacks upgrade underscores a highly positive outlook for the iconic brand.