Levi Strauss Raises FY26 Profit Guidance Despite Mixed Q3 Results
Levi Strauss & Co. (LEVI:NYSE) reported mixed third-quarter results, raising its full-year fiscal year 2026 profit guidance while trimming sales growth expectations. The company cited strong performance in certain areas but noted weaker-than-expected direct-to-consumer sales as a drag on overall revenue. In after-hours trading, shares of Levi Strauss struggled to remain positive following the earnings report. While management expressed confidence in its long-term strategy and cost-cutting initiatives, investors appeared cautious due to concerns over slowing consumer demand for apparel products globally. The company’s updated guidance reflects optimism about margin improvements but highlights ongoing challenges in translating sales into consistent profit growth.
Tickers: $LEVI
Topics: earnings profit guidance sales performance
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