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Levi Strauss raises FY2026 outlook after strong second-quarter performance

BTJ News Desk
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Global apparel company Levi Strauss & Co. has raised its full-year financial outlook after reporting strong second-quarter results, driven by growth across all regions and sales channels.

For the quarter ended 30th June, the company posted 8% growth in net sales to $1.6 billion, supported by higher direct-to-consumer (DTC), e-commerce, and wholesale revenues. Sales increased 9% in the Americas, 10% in Asia, and 4% in Europe, while e-commerce revenue surged 19% year-on-year.

Net income from continuing operations rose to $95 million, compared with $80 million in the same period last year, while adjusted diluted earnings per share increased to $0.28 from $0.22.

Commenting on the results, Michelle Gass, President and CEO of Levi Strauss & Co., said the company’s transformation into a direct-to-consumer, denim lifestyle business is delivering stronger growth and improved profitability.

Buoyed by the strong quarterly performance, Levi Strauss has revised its FY2026 guidance, now expecting 7%–7.5% revenue growth and adjusted diluted earnings per share in the range of $1.46 to $1.52.

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