Levi Strauss Reports Q3 2026 Earnings with Revenue Growth and Tariff Refunds
Levi Strauss (LEVI) reported third-quarter earnings for fiscal year 2026, showing strong revenue growth driven by tariff refunds and cost reductions. Net revenues reached $1.61 billion, up 4% on a reported basis and 5% organically compared to the prior year. The company benefited from an expanded gross margin of 66.2%, largely due to $80 million in tariff refunds and lower product costs. Adjusted EBIT margin rose by 370 basis points to 15.5%, while adjusted diluted EPS reached $0.48, including a net benefit of $0.11 from the tariff refunds. Revenue growth was mixed across regions: Latin America saw strong performance in the Americas segment, but U.S. sales declined slightly. Europe and Asia both posted organic revenue gains, with e-commerce growing 10% due to digital initiatives. Looking ahead, Levi Strauss raised its full-year adjusted diluted EPS guidance from $1.46–$1.52 to $1.54–$1.56 and expects continued margin expansion. The company plans to reinvest a portion of the tariff refunds into marketing and supply chain improvements.
Tickers: $LEVI
Topics: ebit eps gross_margin regional_performance revenue
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