Levi Strauss Reports Strong Q2, Raises FY26 Outlook, and Hikes Dividend 14%
LEVI sits 31% above its 52-week low of $17.72 on elevated volume (2.2× avg).
Summary
Levi Strauss reported strong Q2 earnings, raised its full-year guidance, and increased its quarterly dividend by 14%, reflecting robust performance and management confidence.
Key Events · Earnings and Guidance · LEVI
-
Strong Q2 Financial Results
Net revenues increased 8% reported (6% organic) to $1.6 billion, and adjusted diluted EPS rose 27% to $0.28 year-over-year.
-
Raised Full-Year 2026 Guidance
The company increased its outlook for reported net revenue growth to 7.0%-7.5% (from 5.5%-6.5%) and adjusted diluted EPS to $1.46-$1.52 (from $1.42-$1.48).
-
Quarterly Dividend Increased 14%
The quarterly dividend was raised from $0.14 to $0.16 per share, payable August 5, 2026.
-
DTC Growth Continues
Direct-to-Consumer net revenues grew 11% reported (8% organic) and now comprise 51% of total net revenues.
Analysis · LEVI · Manufacturing
Levi Strauss & Co. delivered robust second-quarter financial results, exceeding expectations with significant increases in net revenues and adjusted diluted EPS. The company demonstrated strong operational performance, particularly in its direct-to-consumer channel. Management's decision to raise full-year 2026 guidance for both net revenues and adjusted diluted EPS, coupled with a substantial 14% increase in the quarterly dividend, signals strong confidence in the company's ongoing growth trajectory and financial health.
At the time of this filing, LEVI was trading at $23.30 on NYSE in the Manufacturing sector, with a market capitalization of approximately $9.4B. The 52-week trading range was $17.72 to $25.58. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.