Levi Strauss Q2 EPS and Revenue Top Forecasts; Shares Drop 1.18%
LEVI•Levi Strauss beat Q2 2026 consensus with adjusted EPS of $0.77 and net revenue of $1.6 billion, up 2% year-over-year, driven by robust international wholesale growth. Despite the upside, shares slid 1.18% in after-hours trading amid concerns over North America margin pressures.
1. Q2 Results Overview
Levi Strauss reported adjusted EPS of $0.77 for Q2 fiscal 2026, exceeding analyst expectations by $0.05, while net revenue rose 2% year-over-year to $1.6 billion. The earnings beat was fueled by double-digit growth in its international wholesale segment, offsetting softer sales in North America.
2. After-Hours Market Reaction
Following the earnings release, Levi Strauss shares fell 1.18% in after-hours trading as investors reacted to management’s commentary on escalating input costs and narrowing gross margins in the U.S. business. Market participants are now closely watching whether the company will adjust its full-year outlook in response to these headwinds.
