Levi Strauss beats Q2 estimates and raises 2026 outlook

9 Mwezi wa saba, 2026

Imeripotiwa na AI

Levi Strauss & Co. reported second-quarter results that exceeded expectations, posting organic revenue growth across its divisions and lifting its full-year projections.

The company achieved 6 percent organic revenue growth in the quarter. Performance was strong in the Americas while Asia posted double-digit gains. Beyond Yoga grew 16 percent.

Margins expanded despite broader economic pressures. Levi Strauss now forecasts 7 to 7.5 percent net revenue growth for 2026 along with adjusted earnings per share between $1.46 and $1.52.

The results prompted an analyst to recommend buying the stock at current levels, citing the brand strength and projected shareholder returns.

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