Levi Strauss Q2 Adjusted Earnings, Revenue Rise; Ups Guidance

Levi Strauss & Co (LEVI) reported fiscal Q2 adjusted earnings late Wednesday of $0.28 per diluted share, up from $0.22 a year earlier. Analysts polled by FactSet expected $0.24. Revenue for the quarter ended May 31 rose to $1.56 billion from $1.45 billion a year earlier. Analysts expected $1.52 billion. For fiscal 2026, the company now expects adjusted EPS of $1.46 to $1.52 on net revenue growth of 7.0% to 7.5%. It expected adjusted EPS of $1.42 to $1.48 on revenue growth of 5.5% to 6.5% previously. Analysts projected EPS of $1.51.