Levi's reported third-quarter 2026 revenue of $1.61 billion, up 4.3% year on year and in line with Wall Street's estimates, while adjusted earnings per share of $0.48 came in 34% above the analyst consensus of $0.36. Adjusted EBITDA reached $303.4 million against estimates of $247.5 million, an 18.8% margin and a 22.6% beat, and operating margin rose to 13.8% from 10.8% a year earlier. Management raised its full-year adjusted EPS guidance to $1.55 at the midpoint, a 4% increase, and free cash flow swung to $44.3 million from negative $39.4 million in the same quarter last year. Constant currency revenue rose 5% year on year, down from 7% a year earlier, and President and CEO Michelle Gass said strong growth in international and wholesale businesses offset a direct-to-consumer shortfall, with that business on track for mid-single-digit growth in the fourth quarter. The stock remained flat at $19.43 immediately following the results.
Levi Strauss & Co Class AQ3 EPS of $0.48 beat consensus by 34%, adjusted EBITDA beat 22.6%, operating margin rose to 13.8%, and full-year EPS guidance was raised 4%.
