Levi’s got $80 million back from Trump’s tariffs, but they won’t lower prices like some other stores.

Oct 8, 2026, 4:03 AM ETResultsRead the original at Benzinga

Neutral

Levi is putting most of its $80 million tariff refund into business improvements, but revenue missed estimates and direct sales grew just 2%. Its new shopping tool shows promise, leaving the report with mixed signs for the company.

LEVI · Levi Strauss & Co.

AI read · Neutral

The AI's read

The refund spending may help Levi improve its shopping site and reach more customers. The new tool is still early, and direct sales grew slowly as store traffic weakened. The profit-per-share result included refund money, and sales missed estimates. These signs point in different directions, so the report does not change the read on Levi’s business.

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