Overview

• Levi Strauss delivered second-quarter revenue of $1.45 billion and adjusted earnings per share of $0.22, topping consensus forecasts.
• The company raised its full-year guidance to 1%–2% revenue growth and $1.25–$1.30 in adjusted EPS for fiscal 2025.
• Outlook factors in 30% duties on Chinese imports and 10% on other sources while absorbing $25–$30 million in tariff costs and targeting an 80-basis-point gross margin expansion.
• Net revenue in Europe surged 14% and direct-to-consumer sales climbed 11%, underscoring the resilience of international markets and DTC channels.
• Levi is cutting less-popular styles to streamline its assortment and limit inventory markdowns ahead of the holiday shopping season.