Levi Strauss & Co.LEVICOMMENTJan 28, 2026Stock price when the opinion was issued
As of Nov 02, 2026. Market Open.
They reported a mixed quarter in early August with light sales in direct to consumer. The bottom line beat mostly from tariff refunds. Also, guidance was disappointing. Shares fell, but have since rallied over 20% from that low. It's still cheap at 14x PE, pays a 2.8% dividend and buying lots of shares.
Today they reported a modest top and bottom line beat, earnings forecast was a little light though the revenue forecast was solid. They have expanded well beyond jeans, but are hit by Trump's tariffs. Things will run their course.