Levi Strauss & Co. reported third-quarter organic revenue growth of 5%, but DTC grew 2% as U.S. and Europe traffic fell short; it expects fourth-quarter organic revenue growth of approximately 4% and named John Vandemore its next CFO.
LEVI · Levi Strauss & Co · Documents
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Levi Strauss & Co. reported third-quarter net revenues of $1.6 billion, up 4% reported and 5% organic, with 13.8% operating margin. It raised 2026 adjusted EPS guidance to $1.54 to $1.56 and plans a $100 million accelerated share repurchase.
Levi Strauss & Co reported third-quarter net revenues up 4.3% to $1,609.7 million and net income from continuing operations of $168.6 million, boosted by a $78.6 million IEEPA tariff refund. It also completed the Dockers® sale on February 27, 2026.
Levi Strauss & Co. appointed John Vandemore Executive Vice President and Chief Financial Officer effective November 1, 2026, following Harmit Singh’s planned retirement after a transition period.