Levi Strauss — Jul 8, 2026 release

The following guidance is provided for the year ending November 29, 2026: Metric Updated FY 2026 Guidance Previous FY 2026 Guidance Reported net revenues growth Raised to 7.0% to 7.5% 5.5% to 6.5% Organic net revenues growth Raised to 5.5% to 6.0% 4.5% to 5.5% Gross margin Raised to up 10 basis points to prior year Flat to slightly up to prior year Adjusted EBIT margin Expanding to 12%, up 60 basis points to prior year Expanding to approximately 12% Tax rate Approximately 23%, 2 points higher than prior year Approximately 23%, 2 points higher than prior year Adjusted diluted EPS Raised to $1.46 to $1.52 This includes an approximate $0.04 headwind from a higher tax rate $1.42 to $1.48 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 rebates, 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/BIaa579b9dc68f4e8b85f3a07e93aae5b8 and you will receive confirmation with dial-in details. A live webcast of the event can be accessed on https://edge.media-se