Levi Strauss & Co. (NYSE:LEVI) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Levi Strauss & Co. (NYSE:LEVI) posted its quarterly earnings data on Wednesday. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.04, FiscalAI reports. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Levi Strauss & Co. had a net margin of 9.52% and a return on equity of 25.35%. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.22 earnings per share. Levi Strauss & Co. updated its FY 2026 guidance to 1.460-1.520 EPS.

Here are the key takeaways from Levi Strauss & Co.’s conference call:

• Levi Strauss said Q2 beat expectations on both revenue and earnings, with organic net revenue up 6% and adjusted EPS of $0.28, while management raised full-year sales and EPS guidance for the second consecutive quarter.
• Direct-to-consumer remained the main growth engine, with revenue up 8%, comparable sales up 6%, and e-commerce up 17% as the company continued to reduce promotions and improve conversion and average selling price.
• Growth was broad-based across women’s, international, and new assortment categories, including 11% growth in women’s, 12% growth in Asia, and strong momentum in products like tops, shorts, and premium Blue Tab.
• Management highlighted margin expansion and stronger cash generation, noting adjusted EBIT margin rose to 9% in Q2 and free cash flow increased nearly 60% year over year to $231 million.
• The company continues to execute major infrastructure and transformation projects, including its European omni-channel distribution redesign and global ERP rollout, while the U.S. distribution transition to Maersk is taking longer than planned.

Levi Strauss & Co. Price Performance

Shares of NYSE LEVI opened at $24.38 on Thursday. Levi Strauss & Co. has a 52 week low of $17.72 and a 52 week high of $25.58. The business’s 50 day moving average price is $23.05 and its 200 day moving average price is $21.61. The company has a quick ratio of 0.97, a current ratio of 1.58 and a debt-to-equity ratio of 0.48. The firm has a market cap of $9.38 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.85 and a beta of 1.33.

Levi Strauss & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be given a $0.16 dividend. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, July 22nd. Levi Strauss & Co.’s payout ratio is currently 35.67%.

Insider Activity at Levi Strauss & Co.

In other Levi Strauss & Co. news, major shareholder Robert D. Haas sold 488,851 shares of Levi Strauss & Co. stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.11, for a total transaction of $11,786,197.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the completion of the sale, the insider directly owned 145,662 shares in the company, valued at $3,497,344.62. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,468,570 shares of company stock worth $34,136,152 in the last ninety days. 1.08% of the stock is owned by company insiders.

Institutional Investors Weigh In On Levi Strauss & Co.

Several hedge funds have recently added to or reduced their stakes in LEVI. Northwestern Mutual Wealth Management Co. grew its position in Levi Strauss & Co. by 140.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 833 shares during the period. US Bancorp DE grew its holdings in Levi Strauss & Co. by 260.5% during the third quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after acquiring an additional 810 shares during the period. Kestra Advisory Services LLC acquired a new stake in Levi Strauss & Co. during the fourth quarter worth about $39,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Levi Strauss & Co. by 133.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock valued at $51,000 after acquiring an additional 1,879 shares in the last quarter. Finally, Headlands Technologies LLC raised its position in Levi Strauss & Co. by 17,721.6% during the second quarter. Headlands Technologies LLC now owns 6,594 shares of the blue-jean maker’s stock valued at $122,000 after acquiring an additional 6,557 shares in the last quarter. 69.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on LEVI. Raymond James Financial boosted their target price on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Weiss Ratings raised shares of Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. TD Cowen reiterated a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday, May 27th. Wall Street Zen raised shares of Levi Strauss & Co. from a “hold” rating to a “strong-buy” rating in a report on Saturday, April 11th. Finally, BTIG Research reissued a “buy” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a research report on Wednesday, April 8th. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.21.

Trending Headlines about Levi Strauss & Co.

Here are the key news stories impacting Levi Strauss & Co. this week:

• Positive Sentiment: Levi Strauss beat Q2 estimates on both revenue and earnings, with sales up 8% year over year and direct-to-consumer sales growing strongly, showing healthy demand for the brand. Levi Strauss & Co. Reports Second-Quarter Results
• Positive Sentiment: The company raised full-year guidance again and increased its quarterly dividend, signaling management confidence in the business outlook. Levi Strauss beats quarterly expectations, raises guidance and dividend
• Neutral Sentiment: Levi’s ongoing shift toward a DTC-first model and changes to its distribution network may improve efficiency over time, but the near-term impact is still unfolding. Levi Strauss Raises Guidance Again
• Negative Sentiment: Despite the beat, investors were disappointed by the company’s cautious earnings outlook, which appears to be weighing on the stock. Levi’s stock falls 5% despite Q2 beat as full-year earnings guidance disappoints

About Levi Strauss & Co.

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.