Levi Strauss Elevates Guidance on Robust Q3 Performance

reported robust third-quarter 2025 financial results, with net revenues increasing 7 percent to $1.5 billion, prompting the company to raise its full-year fiscal 2025 guidance for both revenue and adjusted diluted EPS. The company's performance was driven by significant growth in Asia, which saw a 12 percent increase, and its direct-to-consumer (DTC) channel, which grew 11 percent on a reported basis and now comprises 46 percent of total net revenues.

CEO Michelle Gass attributed these strong results to the company's strategic pivot to becoming a DTC-first, head-to-toe denim lifestyle retailer, expressing confidence in delivering sustained, profitable growth into 2026 and beyond. CFO Harmit Singh confirmed that Q3 performance exceeded expectations across all key metrics, including sales, gross margin, adjusted EBIT margin, and adjusted diluted EPS.

Following this, Levi Strauss raised its full-year fiscal 2025 reported net revenue growth expectation to approximately 3 percent (up from 1 percent to 2 percent) and organic net revenue growth to approximately 6 percent (up from 4.5 percent to 5.5 percent). Adjusted diluted EPS guidance was also increased to a range of $1.27 to $1.32.

The company returned $151 million to shareholders, an increase of 118 percent, and completed the sale of Dockers intellectual property and operations in the U.S. and Canada for $194.7 million.