Equity Profile

LEVI

Levi Strauss & Co.

Consumer DiscretionaryApparel, Accessories & Luxury Goods$8.6B

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 products, particularly jeans....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well Levi is managing costs and generating profits.

0.24

Revenue

Revenue figures will show how well Levi is performing in terms of sales, especially in a competitive retail environment.

1.5B

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 products, particularly jeans. As a key player in the consumer discretionary sector, Levi's performance is closely tied to consumer spending trends and fashion preferences.

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 estimates by 13.51%. The stock reacted positively, gaining 0.31% the following day.

Management Promises & Guidance

Continued focus on expanding product lines.
Commitment to improving supply chain efficiency.
Plans to enhance digital sales channels.

Expectations

Wall Street Expectations

Analysts expect Levi to report solid earnings, with a consensus EPS of $0.24 and revenue of $1.5 billion. The market is closely watching for any signs of growth in sales.

Bull Case

If Levi exceeds EPS estimates and shows strong revenue growth, it could indicate robust demand for its products, leading to a positive stock reaction.

Bear Case

If Levi fails to meet expectations or provides weak guidance, it may raise concerns about consumer spending and competition, negatively impacting the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

0.24

EPS is a critical measure of profitability and will indicate how well Levi is managing costs and generating profits.

Revenue

1.5B

Revenue figures will show how well Levi is performing in terms of sales, especially in a competitive retail environment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the outlook for revenue growth in the upcoming quarters?

Given the current economic climate, understanding revenue growth will be crucial for assessing Levi's market position and consumer demand.

How is Levi managing its supply chain challenges?

Supply chain efficiency is vital for maintaining product availability and cost management, which can directly impact profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Levi's ability to capitalize on emerging trends in sustainable fashion, which could drive higher sales than anticipated.

Supporting Evidence

Levi's recent product launches have focused on eco-friendly materials, appealing to a growing consumer base.

The company's strong brand loyalty may buffer it against economic downturns, leading to more resilient sales.

Options pricing suggests a larger move than historical averages, indicating potential for significant surprises.

Key Risk

If Levi's revenue growth falls short of $1.5 billion, it could undermine confidence in its market strategy.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Levi can sustain its growth amid economic pressures and competition in the apparel sector.

Bull Confirmed If

An EPS of $0.27 or higher would confirm strong demand and effective cost management.

Bear Confirmed If

An EPS below $0.23 would raise concerns about profitability and market competitiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±6.12%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant move around the earnings report, suggesting that traders expect volatility based on the results.

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).

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 effective strategies.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may see muted movement as investors reassess growth prospects.

Miss

If Levi misses expectations, the stock could drop, with historical patterns indicating a potential decline of around 1.10%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on Levi's sustainability initiatives and their impact on sales.
2Details on inventory levels and supply chain management strategies.
3Insights into consumer trends and preferences observed in recent months.
4Comments on competitive pressures and how Levi plans to address them.
5Guidance on future revenue expectations and strategic priorities.

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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 products, particularly jeans....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well Levi is managing costs and generating profits.

0.24

Revenue

Revenue figures will show how well Levi is performing in terms of sales, especially in a competitive retail environment.

1.5B

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 estimates by 13.51%. The stock reacted positively, gaining 0.31% the following day.

Management Promises & Guidance

Continued focus on expanding product lines.
Commitment to improving supply chain efficiency.
Plans to enhance digital sales channels.

Expectations

Wall Street Expectations

Analysts expect Levi to report solid earnings, with a consensus EPS of $0.24 and revenue of $1.5 billion. The market is closely watching for any signs of growth in sales.

Bull Case

If Levi exceeds EPS estimates and shows strong revenue growth, it could indicate robust demand for its products, leading to a positive stock reaction.

Bear Case

If Levi fails to meet expectations or provides weak guidance, it may raise concerns about consumer spending and competition, negatively impacting the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

0.24

EPS is a critical measure of profitability and will indicate how well Levi is managing costs and generating profits.

Revenue

1.5B

Revenue figures will show how well Levi is performing in terms of sales, especially in a competitive retail environment.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the outlook for revenue growth in the upcoming quarters?

Given the current economic climate, understanding revenue growth will be crucial for assessing Levi's market position and consumer demand.

How is Levi managing its supply chain challenges?

Supply chain efficiency is vital for maintaining product availability and cost management, which can directly impact profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Levi's ability to capitalize on emerging trends in sustainable fashion, which could drive higher sales than anticipated.

Supporting Evidence

Levi's recent product launches have focused on eco-friendly materials, appealing to a growing consumer base.

The company's strong brand loyalty may buffer it against economic downturns, leading to more resilient sales.

Options pricing suggests a larger move than historical averages, indicating potential for significant surprises.

Key Risk

If Levi's revenue growth falls short of $1.5 billion, it could undermine confidence in its market strategy.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Levi can sustain its growth amid economic pressures and competition in the apparel sector.

Bull Confirmed If

An EPS of $0.27 or higher would confirm strong demand and effective cost management.

Bear Confirmed If

An EPS below $0.23 would raise concerns about profitability and market competitiveness.

Pre-Earnings Positioning

Options Market

Implied Move

±6.12%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant move around the earnings report, suggesting that traders expect volatility based on the results.

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%)

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 effective strategies.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may see muted movement as investors reassess growth prospects.

Miss

If Levi misses expectations, the stock could drop, with historical patterns indicating a potential decline of around 1.10%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on Levi's sustainability initiatives and their impact on sales.
2Details on inventory levels and supply chain management strategies.
3Insights into consumer trends and preferences observed in recent months.
4Comments on competitive pressures and how Levi plans to address them.
5Guidance on future revenue expectations and strategic priorities.