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Levi Strauss Reports Mixed Q3: EPS Beat, Revenues Miss

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. LEVI stock is moving. Watch the price action here. 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 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 reinfor

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08:30:53 PM UTC
SquawkNews
Levi Strauss's gross margin expanded 450 basis points to 66.2% in the third quarter, driven largely by refunds from tariffs imposed under the International Emergency Economic Powers Act. The tariff refunds contributed 490 basis points of gross margin expansion, though the company chose to reinvest…
08:40:29 PM UTC
SquawkNews
By Katherine HamiltonLevi Strauss raised its adjusted earnings outlook after tariff refunds provided a boost in the third quarter.The jeans company said Wednesday it now expects full-year adjusted earnings per share to be $1.54 to $1.56, up from its previous guidance of $1.46 to $1.52.Levi said it…

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. LEVI stock is moving.

Watch the price action here. 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 Pro data. 62 billion. 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. , 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. 76 billion estimate. 51 in Wednesday’s extended trading. See More: Top Value Stocks Photo: Shutterstock