Levi Strauss & Co. (NYSE:LEVI) Updates FY 2026 Earnings Guidance

Levi Strauss & Co. (NYSE:LEVI) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.420-1.480 for the period, compared to the consensus earnings per share estimate of 1.470. The company issued revenue guidance of $6.6 billion-$6.7 billion, compared to the consensus revenue estimate of $6.6 billion.

Levi Strauss & Co. Trading Up 3.0%

Shares of LEVI traded up $0.65 during midday trading on Thursday, hitting $22.46. The stock had a trading volume of 1,075,539 shares, compared to its average volume of 2,628,155. Levi Strauss & Co. has a fifty-two week low of $13.83 and a fifty-two week high of $24.82. The business has a 50-day simple moving average of $20.09 and a two-hundred day simple moving average of $21.09. The firm has a market cap of $8.77 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 1.50 and a beta of 1.34. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46.

Levi Strauss & Co. (NYSE:LEVI) last announced its earnings results on Tuesday, April 7th. The blue-jean maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.37 by $0.05. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period last year, the company posted $0.38 earnings per share. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. As a group, equities analysts forecast that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.14 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.5%. Levi Strauss & Co.’s payout ratio is currently 38.36%.

Wall Street Analyst Weigh In

LEVI has been the topic of a number of research analyst reports. Jefferies Financial Group initiated coverage on Levi Strauss & Co. in a report on Wednesday, February 4th. They set a “buy” rating and a $25.00 price target on the stock. UBS Group lifted their price target on Levi Strauss & Co. from $33.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday. Raymond James Financial initiated coverage on Levi Strauss & Co. in a report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price target on the stock. Weiss Ratings upgraded Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 24th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $27.00 price target on shares of Levi Strauss & Co. in a report on Wednesday, April 1st. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.77.

Insiders Place Their Bets

In related news, EVP Jason Gowans sold 40,000 shares of Levi Strauss & Co. stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total transaction of $873,200.00. Following the completion of the sale, the executive vice president owned 92,199 shares of the company’s stock, valued at approximately $2,012,704.17. This trade represents a 30.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Jedrzejek sold 2,248 shares of Levi Strauss & Co. stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total value of $44,060.80. Following the sale, the senior vice president directly owned 106,818 shares of the company’s stock, valued at approximately $2,093,632.80. The trade was a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 49,341 shares of company stock valued at $1,068,909. Insiders own 1.08% of the company’s stock.

Levi Strauss & Co. News Summary

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

• Positive Sentiment: Q1 earnings and raised guidance — LEVI reported adjusted EPS of $0.42 vs. $0.37 expected and revenue of $1.74B vs. $1.65B consensus; management raised full‑year revenue and EPS targets, which is the primary catalyst for the rally. Levi Strauss & Co. Reports First-Quarter Results
• Positive Sentiment: DTC strategy accelerating — Direct‑to‑consumer sales now account for ~52% of net revenues, supporting higher margins and faster revenue growth as the company shifts to a “DTC‑first” model. Levi Strauss D2C Sales Surpass Half of Total Revenue
• Positive Sentiment: Shareholder returns and capital allocation — Company returned $214M to shareholders in Q1, announced a $200M accelerated share repurchase and declared a quarterly dividend, all supportive of valuation. Levi Strauss Gains as DTC Continues to Fuel Revenue Growth
• Positive Sentiment: Analyst support — Multiple firms reaffirmed buy ratings and at least one (UBS) raised its price target, underpinning investor confidence and providing potential upside from consensus targets. UBS Reiterates Buy Rating on Levi Strauss & Co. (LEVI)
• Positive Sentiment: Brand/management momentum — Coverage highlighting CEO Michelle Gass’s turnaround strategy and broader lifestyle positioning supports a constructive narrative on sustainable growth beyond core denim. How CEO Michelle Gass Is Reviving Levi’s With More Than Good Jeans
• Neutral Sentiment: Unusual options activity — Elevated call buying was observed around earnings, which can amplify moves but also increases short‑term volatility (no specific article linked).
• Negative Sentiment: CFO transition — Longtime Chief Financial & Growth Officer Harmit Singh announced a planned retirement and transition; the market will watch the succession process and any retention/severance details. Levi Strauss finance chief set to retire with $3M severance
• Negative Sentiment: Price/tariff risk and macro sensitivity — Management noted some revenue growth reflects price increases tied to tariffs; ongoing macro, currency or tariff shocks could pressure demand and margins. Levi Strauss beats expectations on the top and bottom lines, raises guidance

Institutional Trading of Levi Strauss & Co.

A number of institutional investors and hedge funds have recently made changes to their positions in LEVI. AQR Capital Management LLC lifted its position in shares of Levi Strauss & Co. by 181.6% in the first quarter. AQR Capital Management LLC now owns 151,645 shares of the blue-jean maker’s stock worth $2,364,000 after buying an additional 97,800 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Levi Strauss & Co. in the first quarter worth about $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Levi Strauss & Co. by 133.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock worth $51,000 after buying an additional 1,879 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Levi Strauss & Co. in the first quarter worth about $241,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Levi Strauss & Co. by 3.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,597,687 shares of the blue-jean maker’s stock worth $24,908,000 after buying an additional 52,332 shares during the last quarter. Institutional investors and hedge funds own 69.14% of the company’s stock.

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.