Levi Strauss (LEVI) earnings Q1 2026
A pedestrian walkway sign is posted in front of Levi Strauss’ headquarters on October 9, 2025 in San Francisco, California.
Justin Sullivan | Getty Images
Levi Strauss It beat Wall Street’s expectations on both the top and bottom lines on Tuesday, prompting the retailer to raise its guidance.
The denim maker expects full-year adjusted earnings per share to be between $1.42 and $1.48 per share, according to LSEG, compared to expectations of $1.47 per share.
Sales are expected to grow between 5.5% and 6.5%, according to LSEG, above forecasts of 5.6%.
Here’s how the clothing maker performed in the first fiscal quarter compared to Wall Street’s expectations, according to a survey of analysts by LSEG:
- Earnings per share: 42 cents adjusted for 37 cents expected
- Revenue: $1.74 billion, expected $1.65 billion
The company’s reported net income for the three months ended March 1 was $175.8 million, or 45 cents per share, compared to $135 million, or 34 cents per share, a year earlier.
Sales rose nearly 14% to $1.74 billion from $1.53 billion a year earlier.
Levi is benefiting from both high prices and favorable exchange rates while seeing strong revenue growth for his business. In an interview with CNBC, finance chief Harmit Singh said about half of Levi’s growth came from selling more units, while the other half came from higher prices.
He also noted that although President Donald Trump has imposed a 10% tariff on U.S. imports for now, Levi’s guidance could increase later in the year because it assumes a 20% global tariff. If that 10% tariff remains in place, it could boost full-year earnings by $35 million, or 7 cents per share.
