Levi Strauss & Co. (NYSE:LEVI – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.460-1.520 for the period, compared to the consensus earnings per share estimate of 1.510. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion.
Analyst Ratings Changes
LEVI has been the subject of several analyst reports. Citigroup increased their price target on shares of Levi Strauss & Co. from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. lifted their price objective on shares of Levi Strauss & Co. from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Telsey Advisory Group increased their target price on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $27.00 price target on shares of Levi Strauss & Co. in a report on Wednesday, April 8th. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $27.21.
Check Out Our Latest Research Report on LEVI
Levi Strauss & Co. Stock Performance
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. Levi Strauss & Co. had a net margin of 9.52% and a return on equity of 25.35%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, analysts predict that Levi Strauss & Co. will post 1.51 earnings per share for the current fiscal year.
Insider Activity
In other Levi Strauss & Co. news, major shareholder Robert D. Haas sold 488,851 shares of Levi Strauss & Co. stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.11, for a total transaction of $11,786,197.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.01, for a total value of $3,497,344.62. Following the sale, the insider owned 145,662 shares in the company, valued at approximately $3,497,344.62. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,468,570 shares of company stock valued at $34,136,152 over the last ninety days. 1.08% of the stock is currently owned by insiders.
Key Stories Impacting Levi Strauss & Co.
Here are the key news stories impacting Levi Strauss & Co. this week:
- Positive Sentiment: Levi Strauss reported second-quarter EPS of $0.28, topping the $0.24 consensus, while revenue came in at $1.56 billion versus expectations of $1.52 billion, signaling solid sales momentum. Article Title
- Positive Sentiment: The company raised FY 2026 EPS guidance to $1.46-$1.52, roughly in line with the $1.51 consensus, and revenue guidance to $6.7 billion-$6.8 billion, matching to slightly above expectations. Article Title
- Positive Sentiment: Management also increased the dividend, reinforcing confidence in cash generation and the durability of the business. Article Title
- Neutral Sentiment: Levi Strauss continues shifting toward a direct-to-consumer model, including warehouse closures and job cuts in Kentucky, which may improve efficiency over time but could create near-term transition costs and operational disruption. Article Title
Institutional Investors Weigh In On Levi Strauss & Co.
A number of large investors have recently bought and sold shares of LEVI. Northwestern Mutual Wealth Management Co. raised its position in Levi Strauss & Co. by 140.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 833 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Levi Strauss & Co. by 260.5% in the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock valued at $26,000 after acquiring an additional 810 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Levi Strauss & Co. in the fourth quarter worth $39,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Levi Strauss & Co. by 133.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock worth $51,000 after acquiring an additional 1,879 shares during the period. Finally, Headlands Technologies LLC raised its holdings in shares of Levi Strauss & Co. by 17,721.6% during the second quarter. Headlands Technologies LLC now owns 6,594 shares of the blue-jean maker’s stock worth $122,000 after purchasing an additional 6,557 shares during the last quarter. Hedge funds and other institutional investors own 69.14% of the company’s stock.
About Levi Strauss & Co.
Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.
The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.
Recommended Stories
- Five stocks we like better than Levi Strauss & Co.
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Receive News & Ratings for Levi Strauss & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Levi Strauss & Co. and related companies with MarketBeat.com's FREE daily email newsletter.
