Levi Strauss rises as Q1 beat and raised FY2026 outlook extend rally

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Levi Strauss (LEVI) is higher after reporting fiscal Q1 2026 results that beat expectations and raising full-year guidance. The company posted $1.74B revenue and $0.42 adjusted EPS, and lifted FY2026 adjusted EPS guidance to $1.42–$1.48.

1. What’s moving the stock today

Levi Strauss & Co. shares are moving higher as investors continue to price in the company’s upbeat fiscal Q1 2026 earnings update and improved full-year outlook. In its Q1 report for the quarter ended March 1, 2026, Levi delivered results above expectations and raised key FY2026 targets, reinforcing the view that demand and execution are holding up despite a choppy consumer backdrop. (investors.levistrauss.com)

2. The key numbers behind the upside

Levi reported net revenues of $1.7425 billion and adjusted diluted EPS of $0.42, with continuing-operations diluted EPS of $0.45. Management raised FY2026 adjusted diluted EPS guidance to a range of $1.42 to $1.48, a key driver of the positive re-rating as the market recalibrates forward earnings and cash-flow expectations. (s23.q4cdn.com)

3. What investors will watch next

After the guidance lift, attention shifts to whether Levi can sustain momentum through the rest of FY2026, including any margin pressure from tariffs and input costs, and whether direct-to-consumer strength remains durable. Investors will also monitor execution on capital returns, including the recently declared $0.14 per share dividend payable May 6, 2026, and the pace of buybacks under remaining authorization. (investors.levistrauss.com)