Levi Strauss — Oct 7, 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 Approximately 7.0%, due to the impact of foreign exchange 7.0% to 7.5% Organic net revenues growth Approximately 6.0% 5.5% to 6.0% Gross margin Raised to up 130 basis points to prior year Up 10 basis points to prior year Adjusted EBIT margin Expanding to approximately 12.1%, up 70 basis points to prior year Expanding to 12%, up 60 basis points to prior year Tax rate Approximately 23%, 2 points higher than prior year Approximately 23%, 2 points higher than prior year Adjusted diluted EPS Raised to $1.54 to $1.56 This includes an approximate $0.04 headwind from a higher tax rate $1.46 to $1.52 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 refunds, 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/BI30f6874931434e4392e349b637a9cb4c and you will receive confirmation with dial-in details. A live webcast of the event can be accessed on h