The American fashion brand Levi Strauss recorded a net profit of $175.8 million (€152 million) in the first fiscal quarter, up 30.2% compared to the previous year.
The results for the period from December 2025 to February 2026, marking the start of the U.S. earnings season, reflect a 14% increase in revenue, reaching $1.742 billion (€1.506 billion).
Specifically, sales in America totaled $856 million (€740 million), up 9%, while in Europe they rose 24% to $496 million (€429 million), and in Asia increased 13% to $347 million (€300 million).
“We achieved very strong financial performance in the first quarter, driven by broad growth across all channels, regions, and categories,” said Levi Strauss CEO Michelle Gass.
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For the full fiscal year ending November 29, the company raised its revenue growth forecast to 5.5–6.5%, up from the previous range of 5–6%.
The forecast assumes that U.S. tariffs on imports from China remain at 30% and 20% for the rest of the world, with no significant worsening of macroeconomic or inflationary pressures and no major supply chain disruptions.
During a conference with analysts following the earnings release, CFO Harmit Singh emphasized that, despite exceeding expectations in the quarter, the company remains cautious in its outlook and did not factor in any potential reduction of tariffs that may occur in the future.
