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US-based clothes retailer Levi Strauss & Co has reported web revenues of $1.4bn for the second quarter (Q2) of 2025, a 6% improve on a reported foundation and 9% on natural foundation.
Levi Strauss’ direct-to-consumer channel reported an 11% web income improve on a reported foundation from Q2 2024, whereas its wholesale reported web revenues have been up by 3% towards the identical interval.
The corporate’s Levi’s model noticed a 9% improve globally on an natural foundation.
Levi Strauss’ gross margin noticed a 140 foundation factors improve to 62.6%, primarily as a result of decrease product prices and a beneficial channel combine.
The corporate reported web earnings from persevering with operations of $80m – a substantial improve from the $17m registered a 12 months beforehand.
The corporate’s adjusted web earnings was $89m, and its adjusted diluted earnings per share (EPS) elevated to $0.22.
Levi Strauss & Co CEO and president Michelle Gass acknowledged: “We delivered one other robust quarter, reflecting broad-based energy throughout the board — clear proof that our strategic agenda is gaining traction.
“We’re coming into the second half of 2025 from a place of energy as our ambition to rework right into a denim life-style model and best-in-class DTC [direct-to-consumer] retailer turns into our actuality. Levi’s is a model that has a wealthy 172-year heritage and stays a worldwide icon. As we glance forward, Levi’s has a fair bolder future with a much bigger legacy — and quarter by quarter, we’re constructing it.”
Levi Strauss has up to date its fiscal 2025 steerage, assuming US tariffs on imports from China stay at 30% and from the remainder of the world at 10% for the rest of the 12 months.
The forecast considers solely the continuing enterprise actions, because the Dockers model has been reclassified beneath discontinued operations.
Levi Strauss anticipates reported web income development to extend by three proportion factors to 1% to 2%, up from a earlier estimate of a lower of 1% to 2%.
Natural web income development projections have additionally been raised by one proportion level to 4.5% to five.5%, from 3.5% to 4.5%.
Adjusted diluted EPS has been raised by $0.05 to $1.25 to $1.30, up from $1.20 to $1.25.
Levi Strauss & Co chief monetary and development officer Harmit Singh stated: “Given our robust H1 and continued momentum throughout the enterprise—and regardless of greater tariffs—we’re elevating our full-year income and EPS expectations.
“The continued inflection of our monetary efficiency is a direct results of our laser concentrate on the core Levi’s model and our DTC-first technique. We’re basically turning into an organization with a better development price, greater margin profile, stronger money flows and better returns on invested capital.”
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