Levi Strauss Q1 EPS Beats Guidance Raised

Levi Strauss reported Q1 adjusted EPS of $0.42, topping estimates by $0.05, and revenue of $1.7 bn, beating consensus.
Revenue grew 14% YoY (9% organically) with DTC sales up 16% reported, contributing 52% of total net revenues.
Full‑year FY2026 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%).
Shares jumped about 5.5% after the release; CEO Michelle Gass highlighted DTC‑first strategy driving broader channel, region, and category growth.