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Earnings Data
Report Date
Oct 07, 2026During Market Hours (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.36Last Year’s EPS
0.34Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broad set of positive execution outcomes: solid organic revenue growth (6%), strong DTC and e-commerce expansion, margin expansion (gross margin +10 bps to 62.7%, adjusted EBIT margin +70 bps to 9%), robust free cash flow (+~80% to $231M), and raised full-year revenue and EPS guidance. Management acknowledged and is actively managing near-term headwinds—tariff uncertainty, FX impacts, and some distribution transition timing issues in the U.S. and Europe—but framed these as manageable given operational improvements (inventory down 7%, Europe DC benefits, ERP progress) and strong consumer demand across categories (women’s +11%, Asia +12%). Overall, positive momentum and upgraded guidance outweigh the transitory challenges highlighted.Company Guidance
Top-Line Growth
Reported net revenues increased 8% in Q2 and organic net revenues rose 6% year-over-year; company raised full-year reported revenue guidance to +7.0%–7.5% and organic guidance to +5.5%–6.0%.
Direct-to-Consumer (DTC) Strength
Global DTC revenue grew 8% in Q2, comprised 51% of total company revenue, with comparable store sales up 6% (17th consecutive quarter of comp growth); e-commerce sales grew 17% and e-commerce channel has grown ~60% over the past 3 years while representing ~12% of total revenue.
Margin Expansion and Profitability
Gross margin expanded ~10 basis points to 62.7% in Q2; adjusted EBIT margin expanded 70 basis points to 9%; adjusted EBIT dollars grew 18% year-over-year; adjusted diluted EPS was $0.28, up 27% YoY; full-year adjusted EBIT margin target raised to ~12% and FY EPS guidance increased to $1.46–$1.52 (up $0.04).
Free Cash Flow and Capital Returns
Adjusted free cash flow increased nearly 80% year-over-year to $231 million in Q2; company reaffirmed disciplined capital allocation, returning at least 55%–65% of free cash flow to shareholders and increased the Q3 dividend by $0.02 to $0.16 per share.
Category and Assortment Expansion Driving Units
Two-thirds of Q2 growth was driven by unit growth (expanded TAM); bottoms up 6%, tops up 5% (7% excluding last year's Europe DC transition), shorts up 11%; women's business grew 11% and contributed outsized performance—white denim in women grew 70%.
International Momentum
International revenue grew 6% in Q2, led by Asia (+12%) and Latin America (double-digit); Mexico grew 15% (company's second-largest market); China showing signs of return to growth under new leadership.
Product Portfolio and Premium Traction
BlueTab (premium denim) showing rapid early traction (management cited ~40% growth trends previously and again this period) and is expanding premium presence; expanded assortments beyond denim bottoms contributed roughly one-third of top-line growth.
Inventory and Operational Improvements
Ending Q2 inventory declined 7% with a healthier mix of current product; Europe DC remap to omnichannel completed delivering distribution expense leverage and improving operating margins in Europe (~21.1% operating margin, +~400 bps YoY in Q2 for the region).
Loyalty and Consumer Acquisition
Added ~3 million new members to the loyalty program in Q2, bringing global membership to nearly 50 million and enhancing data-driven personalization and retention opportunities.
Brand and Marketing Highlights
Successful global marketing (e.g., 'Behind Every Original' campaign, World Cup activation) produced large cultural reach (one World Cup social moment generated ~1 billion press impressions), driving brand heat and local activations in key markets.
LEVI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LEVI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 08, 2026 | $24.37 | $23.84 | -2.17% |
Apr 07, 2026 | $19.59 | $21.68 | +10.66% |
Oct 09, 2025 | $24.07 | $21.05 | -12.55% |
Jul 10, 2025 | $19.22 | $21.39 | +11.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Levi Strauss (LEVI) report earnings?
Levi Strauss (LEVI) is schdueled to report earning on Oct 07, 2026, During Market Hours (Confirmed).
What is Levi Strauss (LEVI) earnings time?
Levi Strauss (LEVI) earnings time is at Oct 07, 2026, During Market Hours (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LEVI EPS forecast?
LEVI EPS forecast for the fiscal quarter 2026 (Q3) is 0.36.
