Levi Strauss — Apr 7, 2026 release

The following guidance is provided for the year ending November 29, 2026: • Reported net revenues growth: Raised to 5.5% to 6.5%, up from 5% to 6% • Organic net revenues growth: Raised to 4.5% to 5.5%, up from 4% to 5% • Gross margin: Raised to flat to slightly up to prior year, up from flat to prior year • Adjusted EBIT margin: Raised to expanding to approximately 12%, up from 11.8% to 12% • Tax rate: Approximately 23%, 2 points higher than prior year • Adjusted diluted EPS: Raised to $1.42 to $1.48, up from $1.40 to $1.46. This includes an approximate $0.04 headwind from a higher tax rate. This outlook also assumes no significant worsening of macro-economic pressures on the consumer, inflationary pressures, supply chain disruptions, potential tariffs or currency fluctuations. 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, potential tariffs, and any future restructuring, restructuring-related, severance and other charges. Investor Conference Call To access the conference call, please pre-register on https://register-conf.media-server.com/register/BI4391912d5cca47dc963b96026f1401cc and you will receive confirmation with dial-in details. A live webcast of the event can be accessed on https://edge.media-server.com/mmc/p/jpff4vek . A replay of the webcast will be available on http://investors.levistrauss.com starting approxima