Levi Strauss down after forecasting annual profit below estimates
ReutersJan 28, 2026 9:52 PM
Shares of denim apparel maker Levi Strauss & Co LEVI.N down ~2 at $20.07 in extended trading
Expects annual adjusted EPS in the range of $1.40 to $1.46, below analysts' average estimate of $1.48 — data compiled by LSEG
Sees annual reported net revenue growth from continuing operations in the range of 5% to 6%, compared with analysts' average estimate of a 5.4% rise
However, co beats Q4 revenue and profit estimates, helped by strong demand for its wide-leg denim jeans even amid higher U.S. import tariffs and dampened consumer spending
Stock rose ~20% in 2025
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