Levi Strauss says it earned more per share than expected, but sales were lower than hoped.

Oct 7, 2026, 4:35 PM ETResultsRead the original at Benzinga

Neutral

Levi's profit per share beat estimates, partly from tariff refunds, and wholesale sales grew. But total sales missed estimates, some direct sales fell, and its sales forecast trailed analysts' estimate despite a raised profit forecast, leaving mixed signals.

LEVI · Levi Strauss & Co.

AI read · Neutral

The AI's read

Wholesale sales grew 6%. Direct sales rose 2% overall, with declines in the U.S. and Europe and growth in Asia. Levi raised its profit forecast, but its sales forecast was below analysts' estimate. The profit-per-share beat also included a 16-cent-per-share tariff refund, so the report gives mixed signals.

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