Levi Strauss & Co Announce 4th Quarter Results

Q4 2025: Modest Growth, DTC Momentum In the fourth quarter ended November 30, 2025, net revenues reached $1.8 billion, up 1% on a reported basis and 5% on an organic basis compared to Q4 2024.

Growth was broad based, with Europe up 8% reported (10% organic), Asia up 2% reported (4% organic), and Americas down 4% reported but up 2% organically.

The DTC channel continued to outpace the broader business, with net revenues up 8% on a reported basis and 10% organically, and ecommerce growing 19% reported (22% organic); DTC accounted for 49% of total net revenues in the quarter. Meanwhile, Beyond Yoga® stood out with 37% reported growth (45% organic).

Profitability And EPS Q4 gross margin was 60.8%, down from 61.8% a year earlier, primarily due to tariffs, partially offset by initial price increases…