Levi's Stock Pops as Jeans Maker Boosts Its Outlook 'Despite Tariffs'

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Levi Strauss (LEVI) shares surged in extended trading Thursday as the company raised its full-year revenue and profit outlook.

The jeans maker said it now expects fiscal 2025 revenue to grow 1% to 2%, compared to its previous projection of a 1% to 2% decline. Levi's boosted its full-year forecast for earnings per share to between $1.25 to $1.30, up from $1.20 to $1.25. Wall Street analysts had called for flat revenue growth and EPS of $1.23.

Levi's stock jumped nearly 7% in after-hours trading following the release. The stock was up about 14% for 2025 through Thursday's close.

The improved forecast comes amid "continued momentum across the business—and despite higher tariffs," Chief Financial and Growth Officer Harmit Singh said. The updated outlook assumes 30% tariffs on China and 10% on the rest of the world, the company said.

Levi's reported fiscal second-quarter revenue of $1.45 billion, up 6% year-over-year and above the analyst consensus from Visible Alpha. Adjusted net income of $89 million, or 22 cents per share, rose from $65 million, or 16 cents per share, in the year-ago quarter, also beating estimates. 

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