Levi Strauss Reports Strong Q1 Results, Advances Direct-to-Consumer Strategy

The company exceeded earnings expectations, maintained its full-year forecast, and addressed tariff challenges with strategic measures.

Levi Strauss reported Q1 revenue of $1.53 billion and adjusted earnings per share of $0.38, surpassing analyst expectations.
The company maintained its full-year revenue and profit forecasts, excluding potential impacts from new tariffs imposed by the U.S. government.
Levi's direct-to-consumer business accounted for 52% of global net revenues, marking significant progress in its transformation strategy.
An internal task force has been established to mitigate tariff impacts, with plans for targeted pricing adjustments if necessary.
The Dockers brand was reclassified as discontinued operations, with the company pursuing its sale as part of a broader operational streamlining effort.