For the year ending 30 November, Levi Strauss recorded net income of $502m versus $210m a year earlier. Operating income increased to $678m from $263m for the same period a year earlier.
Revenues rose to $6.28bn compared with $6.0bn a year earlier.
This year’s results saw an absence of heavy restructuring, goodwill and impairment charges, which helped boost the firm’s bottom line.
“Over the past few years, we’ve taken bold steps toward becoming a DTC-first, head-to-toe denim lifestyle brand,” said Michelle Gass, president and CEO of Levi Strauss & Co. “We have narrowed our focus, improved operational execution and built greater agility across the organisation. As a result, we’ve elevated the Levi’s brand and delivered faster growth and higher profitability, as reflected by our Q4 and full year 2025 results. While we still have important work ahead, the company is at an inflection point—emerging as a stronger, more resilient global business ready to define the next chapter of LS&Co.”
Harmit Singh, CFO of Levi Strauss & Co added: “We are sustaining our momentum, delivering 5% organic growth in the fourth quarter on top of an 8% increase in the prior year. Our success in denim lifestyle has enabled us to expand our addressable market, positioning us for mid-single digit growth in 2026 and beyond. Our disciplined approach to converting growth into profitability has improved adjusted EBIT margin in 2025 for the third year in a row, and we are on track to expand margins further as we strive toward 15%. Our confidence in this trajectory is reflected in a new $200 million ASR programme.”
In the fourth quarter, net revenues of $1.8bn increased 1% on a reported basis and 5% on an organic basis versus Q4 2024.
Net income from continuing operations was $160m compared to $180m in Q4 2024. Adjusted net income was $163m compared to $200m in Q4 2024.
