Levi Strauss & Co.LEVIPARTIAL BUYOct 07, 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.
They just reported a mixed quarter with a small revenue miss that was driven by currency fluctuations while organic growth was in line and delivered a large EPS beat due to tariff refunds. They raised their full-year forecast though a little less than expected. He likes it.