Levi Strauss reports Q3 net revenue growth of 4 percent, raises outlook

Levi Strauss reports 4% net revenue growth in Q3 2026, driven by international and wholesale channels. DTC sales flat, e-commerce up 10%.

What happened

US fashion group Levi Strauss & Co. (Levi Strauss) has reported net revenues of 1.6 billion dollars for the third quarter ended August 30, 2026, representing an increase of 4 percent on a reported basis and 5 percent on an organic basis compared to the same period in 2025.

Why it matters

Driven by strong growth across international operations and wholesale channels, the company delivered mid-single-digit overall top-line expansion. Direct-to-consumer (DTC) revenues grew 2 percent on a reported and organic basis, representing 45 percent of total net revenues in the quarter. DTC comparable sales remained flat, while e-commerce performance rose 10 percent on both reported and organic levels.

“Our third-quarter performance highlighted the power of our diversified portfolio and reinforced our confidence that we have the right strategies in place,” said Michelle Gass, chief executive officer (CEO) of Levi Strauss. “We saw strong growth in our international and wholesale businesses, and continued momentum across our lifestyle categories. While our direct-to-consumer business fell short of our internal expectations, we moved quickly to address the shortfall and are encouraged by the strength we are seeing heading into the holiday season, including in the US Based on the acceleration in recent trends, our DTC business is on track to deliver mid-single-digit growth in the fourth quarter.”

Regional revenue trends varied across global markets during the period. In the Americas, net revenues increased 4 percent on a reported basis and 2 percent organically, while reported revenues in the US fell 1 percent. European net revenues rose 4 percent on a reported basis and 5 percent on an organic basis. Asia generated the strongest regional expansion, with net revenues advancing 5 percent on a reported basis and 10 percent organically.

This news brief is based on reporting published by FashionUnited on 2026-10-08. The original report is linked below.