Levi Strauss Q1 Earnings Beat, Guidance Raised

Levi Strauss posted Q1 adjusted EPS $0.42, beating estimates by $0.05, and revenue $1.7 bn, up 14% YoY.
DTC sales surged 16% reported (10% organic), now 52% of total revenue, while wholesale grew 12% reported.
Fiscal 2026 adjusted EPS guidance lifted to $1.42‑$1.48 and net revenue growth outlook raised to 5.5%‑6.5% (organic 4.5%‑5.5%).
Barclays reaffirmed Overweight on Levi shares, citing strong fundamentals and progress on long‑term strategic initiatives.