Levi Strauss — Jan 28, 2026 release

Our success in denim lifestyle has enabled us to expand our addressable market, positioning us for mid-single digit growth in 2026 and beyond,” said Harmit Singh, Chief Financial and Growth Officer of Levi Strauss & Co. “Our disciplined approach to converting growth into profitability has improved adjusted EBIT margin in 2025 for the third year in a row, and we are on track to expand margins further as we strive toward 15%. Our confidence in this trajectory is reflected in a new $200 million ASR program.” Financial Highlights for the Fourth Quarter • Net Revenues of $1.8 billion increased 1% on a reported basis and 5% on an organic basis versus Q4 2024. Organic Net Revenues exclude the impacts of foreign exchange rates, divested or wound down businesses, acquisitions, and any 53rd week from the change in reported net revenues. • In the Americas , net revenues decreased 4% on a reported basis and increased 2% on an organic basis. Within the Americas, the U.S. decreased 7% on a reported basis and was flat on an organic basis. • In Europe , net revenues increased 8% on a reported basis and 10% on an organic basis. • In Asia, net revenues increased 2% on a reported basis and 4% on an organic basis. • Beyond Yoga® increased 37% on a reported basis and 45% on an organic basis. • DTC (Direct-to-Consumer) net revenues increased 8% on a reported basis and 10% on an organic basis. DTC growth on a reported basis reflected a 3% increase in the U.S., a 9% increase in Europe and an 11% increase in Asia. DTC growth on an organic basis reflected a 10% increase in the U.S., an 8% increase in Europe and a 12% increas