Levi's loose jean pivot helped by real-time data

Levi's raised its annual adjusted profit forecast to $*.** to $*.** and estimated organic revenue growth of *% for fiscal year ****. Q3 revenue missed estimates at $*.** billion, though EPS rose to $*.** from $*.** a year earlier, aided by tariff refunds.

Levi Strauss reported $1.61B in Q3 revenue, up 4% YoY, with adjusted EPS at $0.48. Direct-to-consumer sales missed expectations, but international and wholesale grew. The company raised its FY2026 adjusted EPS outlook to $1.54-$1.56 and adjusted its revenue growth expectations. LEVI shares are down 11% YTD.

Levi Strauss (LEVI) shares fell due to mixed Q3 results, with soft direct-to-consumer and back-to-school sales, but analysts see signs of improvement. International, wholesale, and lifestyle categories showed strength. Analysts expect Q4 DTC growth to reaccelerate to mid-single-digit. Levi's diversified model and quick actions to address issues are noted as positives.

Levi Strauss (LEVI) reported Q3 adjusted EPS of $0.48, beating estimates, but revenue of $1.61B missed forecasts. DTC growth slowed to 2%, while wholesale sales rose 6%. Tariff refunds boosted margins, but management cited execution issues in marketing. International revenue grew 8%, with strong performance in Asia. FY26 EPS guidance raised to $1.54-1.56, partly due to tariff benefits. DTC trends improved in September, but challenges persist.

Levi Strauss & Co. reported Q3 net revenues of $1.6B, up 4%, with wholesale sales rising 6% and DTC sales flat. Tariff refunds boosted gross margin to 66.2%, but net income fell 23% to $169M. The company plans to reinvest most refunds into marketing and supply chain improvements.

Levi Strauss (LEVI) reported Q3 EPS of $0.48, beating estimates. DTC sales grew 2%, with US down 1% but Asia up 11%. The company raised its full-year EBIT margin guidance to 12.1%. Analysts note improved trends but caution on DTC performance.