Levi Strauss — Oct 7, 2026 release

While our direct-to-consumer business fell short of our internal expectations, we moved quickly to address the shortfall and are encouraged by the strength we are seeing heading into the holiday season, including in the U.S. Based on the acceleration in recent trends, our DTC business is on track to deliver mid-single-digit growth in the fourth quarter.” “We delivered another quarter of mid-single-digit revenue growth while navigating a dynamic operating environment,” said Harmit Singh, Chief Financial and Growth Officer of Levi Strauss & Co. “We made the decision to redeploy a majority of our tariff refund benefit back into the business during Q3 and Q4 to support future growth. Reflecting confidence in our outlook, we are raising our full-year profit guidance and plan to initiate a $100 million accelerated share repurchase program.” Financial Highlights for the Third Quarter • Net Revenues of $1.6 billion increased 4% on a reported basis and 5% on an organic basis versus Q3 2025. • In the Americas , net revenues increased 4% on a reported basis and 2% on an organic basis. Within the Americas, the U.S. decreased 1% on a reported basis. • In Europe , net revenues increased 4% on a reported basis and 5% on an organic basis. • In Asia, net revenues increased 5% on a reported basis and 10% on an organic basis. • Beyond Yoga® increased 9% on a reported and organic basis. • DTC (Direct-to-Consumer) net revenues increased 2% on a reported and organic basis. DTC growth on a reported basis reflected a 2% increase i