Levi Strauss rises after co lifts annual sales forecast

Levi Strauss & Co

07/04/2026 21:16

** Shares of denim apparel maker Levi Strauss & Co LEVI.N rise 6% to $20.88 in extended trading

** Co now expects fiscal 2026 net revenue growth in the range of 5.5% to 6.5%, vs prior forecast of a 5% to 6% rise.  Analysts expected growth of 5.7%- LSEG data

** Levi reported Q1 net revenue of $1.74 billion, compared with expectations of $1.65 billion- LSEG

** It forecast annual adjusted earnings per share in the range of $1.42 to $1.48, compared with its prior forecast between $1.40 to $1.46

** Up to last close, stock had fallen ~5%

 (Reporting by Harshita Mary Varghese in Bengaluru)

 ((HarshitaMary.Varghese@thomsonreuters.com))