Levi Strauss & Co. delivered a standout start to fiscal 2026 , reporting net revenues of $1.7 billion for Q1 , up 14% on a reported basis and 9% on an organic basis versus Q1 2025 .
Revenue, margins, and earnings per share all came in above guidance, prompting the company to raise its full year outlook across every key financial metric. Growth Across Every Region and Channel The Q1 results reflected broad based momentum across geographies.
13% and the Americas at 9% . Direct to consumer net revenues grew 16% on a reported basis, with ecommerce climbing 21% and DTC comparable sales growth reaching 7% .
DTC now represents 52% of total net revenues, a meaningful milestone for a brand that has been deliberately shifting toward a more direct relationship with its consumers. Beyond Yoga® also delivered a strong quarter, posting 23% growth on both a reported and organic basis.
Profitability and Shareholder Returns Diluted EPS from continuing operations reached $0.45 , up from $0.35 in Q1 2025 , while adjusted diluted EPS came in at $0.42 versus $0.38 in the prior year.
Gross margin held steady at 61.9% , despite absorbing tariff headwinds, partially offset by price increases and reduced promotional activity…
