LEVI STRAUSS & CO 8K

Levi Strauss & Co. reported better‑than‑expected Q1 2026 results, raised full‑year guidance, completed the Dockers business sale, and announced the planned retirement and transition of its Chief Financial & Growth Officer alongside increased shareholder returns.

On April 7, 2026, Levi Strauss & Co. reported strong first-quarter 2026 results, with net revenues up 14% (9% on an organic basis) to $1.74 billion, diluted EPS from continuing operations of $0.45 (adjusted $0.42), solid growth across all regions and channels including 16% DTC growth, and raised its full-year 2026 outlook for reported and organic net revenue growth, gross margin, adjusted EBIT margin, and adjusted diluted EPS; the company also completed the sale of its remaining Dockers operations with a final closing on February 27, 2026, announced that Executive Vice President and Chief Financial & Growth Officer Harmit Singh will transition to a Special Advisor role upon appointment of a successor and then retire, and highlighted stepped-up shareholder returns via a 5% dividend increase and a $200 million accelerated share repurchase program, with $240 million remaining under its repurchase authorization.

Filing Facts

CIK

94845

Ticker

-

Form

8K

Source Type

sec

Accession

0000094845-26-000021

Alert Tier

7