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Levi Strauss & Co. (NYSE:LEVI) Releases FY 2026 Earnings Guidance
- On Wednesday, Levi Strauss raised its annual profit forecast after receiving tariff refunds, though it lowered full-year revenue growth guidance to 7%.
- Tariff refunds provided a 16-cent per share boost during the third quarter ended August 30, lifting Levi's adjusted earnings to 48 cents per share, exceeding analyst expectations of 36 cents.
- Net revenue rose 4% to $1.61 billion, but direct-to-consumer growth slowed to 2% as CEO Michelle Gass cited missed marketing targets in the United States.
- Management plans to redeploy $60 million into promotions and marketing this year while launching a $100 million accelerated share repurchase program to support future growth.
- Levi named John Vandemore, incoming chief financial officer effective November 1, succeeding Harmit Singh, the outgoing chief financial and growth officer who announced his planned retirement.
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Levi Strauss outlines $1.54-$1.56 FY2026 EPS as it expects 4% organic Q4 revenue growth while redeploying $60M of tariff refunds (NYSE:LEVI)
Levi Strauss (LEVI) Q3 FY2026 earnings call highlights: DTC softness, tariff refund reinvestment, updated guidance, margins and CFO change.
·Ra'anana, Israel
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Coverage Details
Total News Sources23
Leaning Left4Leaning Right2Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
Factuality
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