Recent Updates — LEVI
Levi Strauss & Co. reported third-quarter 2026 net revenues of $1.6 billion, a 4% increase on a reported basis and 5% organic growth compared to the prior year period. Diluted earnings per share from continuing operations were $0.43, up from $0.31 in Q3 2025, while adjusted diluted EPS reached $0.48. The company raised its full-year 2026 adjusted diluted EPS guidance to a range of $1.54 to $1.56 and increased its adjusted EBIT margin outlook by approximately 70 basis points to around 12.1%. Management cited strong international performance and tariff refund benefits as key drivers, though direct-to-consumer sales in the U.S. declined slightly. Additionally, Levi Strauss declared a quarterly cash dividend of $0.16 per share and announced plans for a new $100 million accelerated share repurchase program. The company operates as a global leader in jeanswear and casual apparel.
Levi Strauss & Co. appointed John Vandemore as Executive Vice President and Chief Financial Officer, effective November 1, 2026. Vandemore succeeds Harmit Singh, who is retiring after nine years leading Skechers U.S.A., Inc. The new CFO will receive a $1,350,000 annual base salary, an initial target bonus of 110% of base, and annual equity grants with a target value of $4,250,000 starting in 2027. Additionally, Vandemore receives a one-time sign-on award valued at $15,000,000, comprising a $4,000,000 cash incentive and $11,000,000 in equity awards (RSUs and SARs). Levi Strauss & Co. is a global apparel company that designs and markets jeanswear and casual wear under the Levi's brand.
On August 14, 2026, Robert Eckert retired from the Board of Directors of Levi Strauss & Co. upon reaching the mandatory retirement age of 72. Mr. Eckert had served on the board since 2010 and previously chaired the Board until April 2026 and the Nominating, Governance and Corporate Citizenship Committee. Concurrent with his departure, Joshua Prime was appointed to the committee and named its chair. The board size was reduced to ten directors. Mr. Eckert's retirement is not due to any disagreement regarding operations or policies. Levi Strauss & Co. operates in the apparel industry, manufacturing and selling jeans, casual wear, and accessories.
Levi Strauss & Co. disclosed a cybersecurity incident where an unauthorized third party accessed three employees' computers via social engineering, resulting in the exfiltration of certain corporate information. The company contained the breach, confirmed no consumer data was impacted, and reported no operational interruptions or material financial impact. Levi Strauss & Co. operates in the apparel industry, manufacturing and selling jeans and other clothing products.
Levi Strauss & Co. issued a press release on July 8, 2026, announcing its second quarter 2026 financial results. The company is a global apparel manufacturer and retailer of denim and casual clothing.
Elliott Rodgers resigned from the Board of Directors effective June 15, 2026, to join Kohl's Corporation as an executive officer. The Board intends to decrease its size to 11 directors. Levi Strauss & Co. is an apparel company that designs and manufactures clothing and accessories.