secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2026-10-07T20:12:53+00:00
Accession:  0000094845-26-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Levi Strauss Q3 net revenues up 4% to $1.61B; adj EPS $0.48 vs $0.34; raises FY26 outlook
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- Net revenues $1.61B, up 4% reported / 5% organic; diluted EPS from continuing operations $0.43 vs $0.31; adjusted diluted EPS $0.48 vs $0.34.
- Gross margin expanded 450 bps to 66.2%; operating margin 13.8% vs 10.8%; adjusted EBIT margin 15.5% vs 11.8%, aided by IEEPA tariff refunds.
- Tariff refunds added 490 bps to margin and $0.16 to EPS; Levi redeployed $25M (~160 bps) into promotion and marketing, netting 330 bps and $0.11.
- Asia organic revenues +10%, Europe +5%, Americas +2%; U.S. reported revenues fell 1%; wholesale +6%; DTC +2%; e-commerce +10%; Beyond Yoga +9%.
- Raises full-year 2026 margin and EPS guidance and plans a $100 million accelerated share repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000009484526000048/0000094845-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000009484526000048/levi-20261007.htm
  HTML page:      https://secwatch.observer/filing/0000094845-26-000048

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