Levi Strauss & Co. (NYSE:LEVI) Q1 2026 Earnings Preview: Key Financials and Analyst Expectations

Font: Financial Modeling Prep  • Apr 03, 2026

• Revenue Growth: Projected Q1 2026 revenue is $1.65 billion, up from $1.53 billion last year, reflecting a 3.2% increase.
• EPS Outlook: Expected earnings per share (EPS) is $0.37, slightly down from $0.38 last year, indicating a 2.6% decline.
• Recent Performance: Levi Strauss has delivered an average earnings surprise of 26.9% over the past four quarters, with a 5.1% surprise in the most recent quarter.

(NYSE:LEVI) is a well-known apparel company, famous for its iconic denim products. The company is set to release its first-quarter earnings on April 7, 2026. Analysts expect earnings per share (EPS) to be $0.37, slightly down from the previous year's $0.38. Revenue is projected to reach $1.65 billion, up from $1.53 billion last year.

Levi Strauss has been expanding its product range beyond denim to include lifestyle products, aiming to attract a broader customer base. The Zacks Consensus Estimate suggests a 3.2% revenue increase from the same quarter last year. Despite this growth, the EPS is expected to decline by 2.6%, reflecting challenges like inflation and supply-chain issues.

Historically, Levi Strauss has surprised investors with an average earnings surprise of 26.9% over the past four quarters. In the most recent quarter, the company reported a 5.1% earnings surprise. These factors will be crucial in assessing the company's performance in the upcoming earnings report.

Recently, Levi Strauss completed the sale of Dockers to Authentic Brands Group, which may impact its financials. Ahead of the earnings release, Levi Strauss shares declined by 1.3%, trading at $18.75. BTIG analyst Robert Drbul maintains a Buy rating for Levi Strauss with a price target of $27.

In the most recent quarter, Levi Strauss reported a quarterly revenue of approximately $1.77 billion, with a net income of $158 million. The company's gross profit was $1.07 billion, and operating income reached $210.6 million. The EPS for the quarter was $0.40, with a cost of revenue of $693 million. Income before tax was $198.7 million, with an income tax expense of $38.5 million.