{"id":44159,"date":"2026-04-07T21:22:08","date_gmt":"2026-04-07T21:22:08","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=44159"},"modified":"2026-04-07T21:22:08","modified_gmt":"2026-04-07T21:22:08","slug":"levi-strauss-levi-earnings-q1-2026","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=44159","title":{"rendered":"Levi Strauss (LEVI) earnings Q1 2026"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108210161\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>A pedestrian walk by sign is posted in front of Levi Strauss headquarters on Oct. 9, 2025 in San Francisco, California. <\/p>\n<p>Justin Sullivan | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"https:\/\/www.cnbc.com\/quotes\/LEVI\/\">Levi Strauss<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> beat Wall Street&#8217;s expectations on the top and bottom lines Tuesday, leading the retailer to raise its guidance.\u00a0<\/p>\n<p>The denim maker is now expecting full-year adjusted earnings per share to be between $1.42 and $1.48 per share, compared to expectations of $1.47 per share, according to LSEG.<\/p>\n<p>It&#8217;s expecting sales to rise between 5.5% and 6.5%, ahead of estimates of 5.6%, according to LSEG.\u00a0<\/p>\n<p>Here&#8217;s how the apparel maker did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:<\/p>\n<ul>\n<li>Earnings per share: 42 cents adjusted vs. 37 cents expected\u00a0<\/li>\n<li>Revenue: $1.74 billion vs. $1.65 billion expected\u00a0<\/li>\n<\/ul>\n<p>The company&#8217;s reported net income for the three-month period that ended March 1 was $175.8 million, or 45 cents per share, compared with $135 million, or 34 cents per share, a year earlier.\u00a0<\/p>\n<p>Sales rose to $1.74 billion, up about 14% from $1.53 billion a year earlier.\u00a0<\/p>\n<p>While Levi is seeing strong revenue growth across its business, it&#8217;s benefiting from both higher prices and positive foreign exchange rates. In an interview with CNBC, finance chief Harmit Singh said about half of Levi&#8217;s growth came from more units sold, while the other half was related to higher prices.\u00a0<\/p>\n<p>He also noted that Levi&#8217;s guidance could rise later in the year because it&#8217;s assuming a 20% global tariff, though President Donald Trump has for now set a 10% duty on U.S. imports. If that 10% tariff remains in effect, it could boost full-year earnings by $35 million, or 7 cents per share. <\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/04\/07\/levi-strauss-levi-earnings-q1-2026.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A pedestrian walk by sign is posted in front of Levi Strauss headquarters on Oct. 9, 2025 in San Francisco, California. Justin Sullivan | Getty Images&hellip;<\/p>\n","protected":false},"author":1,"featured_media":44160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[40],"tags":[],"class_list":["post-44159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/44159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44159"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/44159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/44160"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}