Levi Strauss — Jul 10, 2025 release

• Reported net revenue growth raised by three percentage points: 1% to 2%, up from (1%) to (2%) • Organic net revenue growth raised by one percentage point: 4.5% to 5.5%, up from 3.5% to 4.5% • Gross margin: Expansion of 80 basis points, from a previous expectation of up 100 basis points, due to a 20 basis point impact from tariffs, after mitigation plans • Adjusted EBIT margin: Maintained at 11.4% to 11.6%, up 70 to 90 basis points to prior year • Tax rate: Maintained at approximately 23% • Adjusted diluted EPS raised by $0.05: $1.25 to $1.30, up from $1.20 to $1.25 This outlook also assumes no significant worsening of macro-economic pressures on the consumer, inflationary pressures, recessionary concerns, supply chain disruptions, increased tariffs and retaliatory actions taken in response to such tariffs, or currency impacts. Adjusted diluted EPS and Adjusted EBIT are non-GAAP measures. A reconciliation of non-GAAP forward looking information to the corresponding GAAP measures cannot be provided without unreasonable efforts due to the challenge in quantifying various items including but not limited to, the effects of foreign currency fluctuations, taxes, increased tariffs and retaliatory actions, and any future restructuring, restructuring-related, severance and other charges. Investor Conference Call To access the conference call, please pre-register at https://register-conf.media-server.com/register/BI5fafadf640dd4a90977faeb6d4601e40 and you will receive confirmation with dial-in details. A live webcast of the event can be accessed at https://edge.media-server.com/mmc/p/sh2qc3j6 . A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the event and archi