Levi Strauss & Co.(NYSE) LEVI

Levi Strauss & Co. makes clothes for men, women, and children. Their denim and casual wear help people look their best. They sell products through their own shops and other stores.

Jeans, Tops, and Activewear

• Levi's Brand: Denim and casual apparel for men and women; accounts for 94% of net revenues.
• Direct to Consumer: Sales through 1,242 company-operated stores and websites; represents 52% of net revenues.
• Wholesale Channel: Product sales to department stores, specialty retailers, and franchisees; represents 48% of net revenues.
• Beyond Yoga: Premium activewear and lifestyle products for various consumer segments; generated $85.9 million in the first six months of 2026.

Moving Toward a Leaner Business

• Sold the brand intellectual property and operations in the U.S. and Canada on July 31, 2025.
• Completed the final sale of international Dockers operations on Feb. 27, 2026.
• Finished the wind down of Denizen brand operations by March 2, 2025.
• Entered a $200 million accelerated share repurchase agreement on Jan. 30, 2026.

Global Reach and Logistics

The company manages a global network with 1,242 company-operated stores and 50,000 total retail locations. It is currently shifting its logistics operations to third-party providers to increase efficiency across its distribution centers.

Counting Up the Recent Growth

• Net revenues reached $3.3 billion in the six-month period ended May 31, 2026, up 11.2% year over year.
• Net income from continuing operations rose to $271.9 million in the first six months of 2026, up 23.7% year over year.
• Direct-to-consumer net revenues grew 13.4% to $1.7 billion during the first half of 2026.
• Adjusted free cash flow hit $383.0 million in the first six months of 2026, up from $131.9 million in the prior year.
• Total liquidity reached approximately $1.8 billion as of May 31, 2026.

The Company Evolution

Levi Strauss has shifted its focus toward direct-to-consumer sales and e-commerce to gain better control over its brand. By divesting noncore brands like Dockers, the company is concentrating on its primary denim and activewear labels.