Levi Strauss reported better-than-expected earnings, boosted by tariff refunds, and raised its full-year earnings per share forecast to $1.54-$1.56. However, it lowered its net revenue growth guidance to 7%, the low end of its previous range. The company saw a 4% revenue increase in the Americas but a 1% decline in U.S. revenue for the quarter. Despite a slight revenue miss, Levi's operating margin improved significantly due to tariff refunds, which also added 16 cents per share to earnings. CEO Michelle Gass noted challenges in direct-to-consumer sales but expects mid-single-digit growth in the next quarter, signaling cautious optimism heading into the holiday season.
Levi Strauss shares are trading at USD 19.70 on Pluang as of Oct 08, 2026 03:21 WIB, down 4.04% for the day. The stock's market cap stands at $7.90 billion, reflecting investor sentiment following the company's mixed earnings outlook. Despite the cautious revenue guidance, all recent Pluang order activity shows 100% buy interest, indicating strong demand among platform users.
