1 of 1
Story summary
- Levi Strauss & Co. reported Q3 2026 net revenue of $1.6 billion.
- Net income fell nearly 23% to about $169 million.
- Gross margin expanded 450 basis points to 66.2% after $80 million tariff refunds.
- Wholesale revenue grew 6% driven by Europe and Asia.
- CEO Michelle Gass blamed weak back-to-school demand and loose-fit focus for U.S. slowdown.