EL7.AI
StocksMediumUpdated×2•Originally published 7 October 2026•Updated 7 October 2026•
1 min read

Levi Strauss Raises Annual Profit Forecast Despite Lowering Sales Outlook

Key Facts

1Levi Strauss reported earnings that beat expectations, aided by benefits from tariff refunds.
2The company raised its full-year earnings per share guidance but lowered its net revenue growth projection.

Levi Strauss reported third-quarter adjusted earnings of $0.48 per share, exceeding analyst estimates of $0.36 per share. CNBC reported that the earnings beat was aided by benefits from tariff refunds, leading the company to raise its full-year earnings per share guidance. However, the company simultaneously lowered its net revenue growth projection to the bottom end of its previous range.

LEVI closed at $20.53 on October 6, 2026, after reaching a session high of $20.69 and a low of $20.23. The performance reflects a balance between improved profitability levels and a more cautious outlook on consumer demand and net revenue growth.

Latest Updates · 1

  1. Notable·

    Update: Levi Strauss saw strong growth in its wholesale and international businesses during the third quarter ended August 30, 2026. These positive results in global markets and distribution channels contributed to the overall financial performance during the period.