LEVI STRAUSS RAISES FULL-YEAR PROFIT OUTLOOK

Levi Strauss ($LEVI) raised its fiscal 2026 adjusted EPS guidance to $1.54-$1.56, up from the prior $1.46-$1.52 range, even as tariffs squeeze margins. The company is redeploying $60 million in IEEPA tariff refunds this year, with $35 million earmarked for the fourth quarter alone. Demand for denim is outrunning the tariff drag.