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Wholesale, tariff refunds deliver for Levi’s in rough Q3
Retail Dive· 2026-10-09 00:23
This audio is auto-generated. Please let us know if you have feedback Dive Brief:Levi Strauss & Co.’s push to boost its direct-to-consumer sales was waylaid in Q3, as net revenues in the channel rose just 2% year over year and comps were flat. Wholesale, by contrast, rose 6%, with growth in all segments and particular strength in Europe and Asia. Overall net revenues rose 4% to $1.6 billion.Tariff refunds boosted profitability, executives told analysts Wednesday. Gross margin expanded 450 basis points to 6 ...