Levi Strauss Raises Annual Profit Forecast Despite Lowered Revenue Outlook

Key Facts

1Levi Strauss raised its full-year adjusted earnings forecast to $1.54–$1.56 per share, aided by tariff refunds.

2Raymond James analyst Rick Patel set a $22 price target for LEVI stock, representing a 12.8% upside.

3The company lowered its net revenue growth outlook to 7%, the bottom of its previous 7%–7.5% range.

Levi Strauss & Co. raised its full-year adjusted earnings forecast to a range of $1.54 to $1.56 per share, aided by tariff refunds, according to Financial Modeling Prep. Conversely, the company lowered its annual net revenue growth outlook to 7%, representing the bottom of its previous 7%–7.5% guidance range.

Raymond James analyst Rick Patel set a new price target of $22 for LEVI stock, implying a potential upside of 12.8%. LEVI closed at $19.51 on October 7, 2026, as tariff refunds added 4.9 percentage points to the company's operating margin, helping to offset a slight slowdown in U.S. sales growth.