Levi Strauss & Co. Posts a Strong Q1 2026 With Revenue Up 14% and Raises Full Year Guidance

Growth Across Every Region and Channel The Q1 results reflected broad based momentum across geographies. Europe led the way with 24% reported revenue growth, followed by Asia at 13% and the Americas at 9%.

Direct to consumer net revenues grew 16% on a reported basis, with ecommerce climbing 21% and DTC comparable sales growth reaching 7%. DTC now represents 52% of total net revenues, a meaningful milestone for a brand that has been deliberately shifting toward a more direct relationship with its consumers.

Beyond Yoga® also delivered a strong quarter, posting 23% growth on both a reported and organic basis. Profitability and Shareholder Returns Diluted EPS from continuing operations reached $0.45, up from $0.35 in Q1 2025, while adjusted diluted EPS came in at $0.42 versus $0.38 in the prior year.

Gross margin held steady at 61.9%, despite absorbing tariff headwinds, partially offset by price increases and reduced promotional activity. The company returned $214 million to shareholders in Q1, a 163% increase over the prior year, including a $200 million accelerated share repurchase program and dividends of $0.14 per share…