LEVI STRAUSS & CO 8K

Levi Strauss & Co. announced stronger-than-expected Q2 2026 results, raised its full-year 2026 revenue and EPS outlook, and increased its quarterly dividend while continuing share repurchases.

On July 8, 2026, Levi Strauss & Co. reported its financial results for the second quarter ended May 31, 2026, highlighting 8% year-over-year growth in reported net revenues (6% on an organic basis) to $1.6 billion, expansion in operating and adjusted EBIT margins, a 20% increase in diluted EPS from continuing operations to $0.24 (adjusted $0.28, up 27%), and strong performance across regions and channels, particularly in direct-to-consumer and e-commerce. The company also disclosed solid liquidity and a 7% reduction in inventories, detailed shareholder return actions including $53.9 million of dividends in the quarter, an ongoing $200 million accelerated share repurchase program and $240 million remaining under its repurchase authorization, and announced a 14% increase in its quarterly dividend to $0.16 per share payable August 5, 2026. In addition, Levi Strauss raised its full-year 2026 guidance for reported and organic net revenue growth, gross margin, adjusted EBIT margin, and adjusted diluted EPS, conditional on stable macroeconomic and trade conditions, and provided extensive reconciliations of GAAP to non-GAAP metrics such as Adjusted SG&A, Adjusted EBIT, Adjusted net income, adjusted EPS, adjusted free cash flow, and ROIC, while noting that the Dockers business is reported as discontinued operations.

Filing Facts

CIK

94845

Ticker

-

Form

8K

Source Type

sec

Accession

0000094845-26-000038

Alert Tier

7