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The net revenues for the quarter ended March 1, 2026, rose 14 per cent year on year (YoY) to $1.74 billion, while organic growth stood at 9 per cent. The company\u2019s direct-to-consumer (DTC) segment remained a key driver, accounting for 52 per cent of total revenues and growing 16 per cent, with e-commerce sales up 21 per cent.<\/p>\n
Levi Strauss & Co has reported strong Q1 2026 results, with net revenues rising 14 per cent YoY to $1.74 billion and organic growth at 9 per cent.
\nDTC remained a key driver, contributing 52 per cent of sales.
\nProfitability improved, with net income reaching $177 million.
\nBacked by broad-based regional growth, the company raised its full-year outlook. <\/p>\n
\u201cWe delivered very strong financial performance in the first quarter driven by broad-based growth across channels, regions and categories,\u201d said Michelle Gass, president and CEO of Levi Strauss.<\/em><\/strong><\/p>\n She further said that the evolution into a DTC-first denim lifestyle brand is allowing the company to capture a much larger addressable market and deliver faster and more consistent growth. \u201cToday we are operating from a stronger foundation, executing with focus and intention, with more ways to win than ever before,\u201d added Gass.<\/p>\n \u201cWe are pleased to report first quarter revenue, margins and EPS above our guidance,\u201d said Harmit Singh, chief financial and growth officer of the company.<\/em><\/strong><\/p>\n Regionally, Europe led growth with a 24 per cent increase in reported revenues, followed by Asia at 13 per cent and the Americas at 9 per cent, Levi Strauss & Co said in a press release.<\/p>\n The Beyond Yoga brand also delivered strong momentum, with revenues rising 23 per cent.<\/p>\n The company\u2019s profitability improved, with net income from continuing operations increasing to $177 million from $140 million a year earlier. Diluted earnings per share (EPS) rose to $0.45, while adjusted EPS stood at $0.42.<\/p>\n Gross margin remained relatively stable at 61.9 per cent, while selling, general and administrative (SG&A) expenses increased, largely driven by marketing investments and higher sales volumes.<\/p>\n \u201cOur strategic transformation is translating into higher returns and more profitable growth, enabling us to convert more of our strong revenue growth into bottom-line profit. Our great start to the year in Q1 and positive quarter-to-date trends, give us the confidence to raise our full-year sales, margins and EPS guidance even as we remain prudent about the external environment,\u201d added Singh.<\/p>\n On the strategic front, the company highlighted continued progress in its transition towards a DTC-first denim lifestyle model, which is enabling stronger consumer engagement and improved profitability.<\/p>\n Meanwhile, Levi Strauss has raised its full-year 2026 outlook, projecting reported revenue growth of 5.5 per cent to 6.5 per cent and adjusted diluted EPS in the range of $1.42 to $1.48. The guidance reflects confidence in sustained demand, despite ongoing macroeconomic uncertainties and tariff pressures.<\/p>\n The company also announced that Harmit Singh will retire following a planned transition, with a successor search currently underway.<\/p>\n
<\/p>\n Fibre2Fashion News Desk (SG) <\/p>\n
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