Equity Profile

LEVI

Levi Strauss & Co.

Consumer DiscretionaryApparel, Accessories & Luxury Goods$8.8B

Jun24Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Levi Strauss & Co. is a well-known apparel company famous for its denim jeans and casual wear....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, and investors will be keen to see if Levi can continue its trend of beating estimates.

N/A

Revenue Growth

While specific revenue estimates are not available, any growth in revenue will indicate strong consumer demand for Levi's products, which is vital for its market position.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

LEVI Q2-2026 Earnings Preview

Context

Company Snapshot

Levi Strauss & Co. is a well-known apparel company famous for its denim jeans and casual wear. Operating in the consumer discretionary sector, it benefits from trends in fashion and consumer spending, making it a key player in the apparel industry.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+23.31%

Avg Stock Reaction

-1.10%

Last Quarter Recap

In Q1 2026, Levi reported an EPS of $0.42, surpassing expectations by 13.51%. The stock reacted positively, gaining 0.31% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as Levi has consistently beaten EPS estimates, but revenue figures remain uncertain. Investors are looking for signs of sustained demand in a competitive market.

Bull Case

If Levi continues its trend of beating EPS estimates and shows strong revenue growth, it could signal robust consumer demand and brand loyalty, driving the stock higher.

Bear Case

On the other hand, if the company fails to meet expectations or shows signs of declining sales, it could raise concerns about its market position and lead to a negative stock reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter?

Given Levi's history of beating EPS estimates, this figure will be closely watched to gauge ongoing profitability.

How is revenue trending compared to last quarter?

Revenue growth is essential for assessing demand and market position, especially in a competitive retail environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Levi's brand strength and ability to adapt to market trends, which could lead to better-than-expected results this quarter.

Supporting Evidence

Levi has consistently beaten EPS estimates in the past eight quarters, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting that investors expect significant news.

Recent insider selling may not reflect a lack of confidence but rather strategic financial planning.

Key Risk

If EPS comes in above $0.45, it could challenge the cautious outlook and validate Levi's strong market position.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Levi's ability to maintain its earnings momentum and show strong revenue growth amidst market challenges.

Bull Confirmed If

An EPS of $0.45 or higher would confirm strong profitability and consumer demand.

Bear Confirmed If

An EPS below $0.35 would raise concerns about declining sales and profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±6.12%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±6.1% while LEVI has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

31.3%

Calls (48K)P/C Ratio: 3.25Puts (31K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

This setup has occurred 30 times across Consumer Discretionary in the last 2 years. 13 of 21 (62%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.9%, with a raw directional average of +2.2% (modestly positive historical bias).

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$5.4M

231,767 sh

1 insider

Net

$5.4M

Net selling

Most Active Insiders· 2 open-market trades

EVP & Chief Fin. & Growth Ofc.Singh Harmit J
$5.4M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Levi beats expectations, history suggests the stock could rise by around 1.73%, confirming strong demand and profitability.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further clarity from management.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 1.10%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on consumer demand trends for denim and casual wear.
2Insights into pricing strategies and cost management.
3Updates on international market performance, particularly in emerging markets.
4Management's outlook on the competitive landscape and market challenges.
5Any new product launches or marketing initiatives planned for the upcoming quarters.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Levi Strauss & Co. is a well-known apparel company famous for its denim jeans and casual wear....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, and investors will be keen to see if Levi can continue its trend of beating estimates.

N/A

Revenue Growth

While specific revenue estimates are not available, any growth in revenue will indicate strong consumer demand for Levi's products, which is vital for its market position.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

LEVI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+23.31%

Avg Stock Reaction

-1.10%

Last Quarter Recap

In Q1 2026, Levi reported an EPS of $0.42, surpassing expectations by 13.51%. The stock reacted positively, gaining 0.31% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as Levi has consistently beaten EPS estimates, but revenue figures remain uncertain. Investors are looking for signs of sustained demand in a competitive market.

Bull Case

If Levi continues its trend of beating EPS estimates and shows strong revenue growth, it could signal robust consumer demand and brand loyalty, driving the stock higher.

Bear Case

On the other hand, if the company fails to meet expectations or shows signs of declining sales, it could raise concerns about its market position and lead to a negative stock reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter?

Given Levi's history of beating EPS estimates, this figure will be closely watched to gauge ongoing profitability.

How is revenue trending compared to last quarter?

Revenue growth is essential for assessing demand and market position, especially in a competitive retail environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Levi's brand strength and ability to adapt to market trends, which could lead to better-than-expected results this quarter.

Supporting Evidence

Levi has consistently beaten EPS estimates in the past eight quarters, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting that investors expect significant news.

Recent insider selling may not reflect a lack of confidence but rather strategic financial planning.

Key Risk

If EPS comes in above $0.45, it could challenge the cautious outlook and validate Levi's strong market position.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Levi's ability to maintain its earnings momentum and show strong revenue growth amidst market challenges.

Bull Confirmed If

An EPS of $0.45 or higher would confirm strong profitability and consumer demand.

Bear Confirmed If

An EPS below $0.35 would raise concerns about declining sales and profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±6.12%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±6.1% while LEVI has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

31.3%

Calls (48K)P/C Ratio: 3.25Puts (31K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$5.4M

231,767 sh

1 insider

Net

$5.4M

Net selling

Most Active Insiders· 2 open-market trades

EVP & Chief Fin. & Growth Ofc.Singh Harmit J
$5.4M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Levi beats expectations, history suggests the stock could rise by around 1.73%, confirming strong demand and profitability.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further clarity from management.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 1.10%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on consumer demand trends for denim and casual wear.
2Insights into pricing strategies and cost management.
3Updates on international market performance, particularly in emerging markets.
4Management's outlook on the competitive landscape and market challenges.
5Any new product launches or marketing initiatives planned for the upcoming quarters.