Levi Strauss Analysts Slash Their Forecasts After Q4 Results

Levi Strauss & Co. LEVI reported better-than-expected fourth-quarter results on Wednesday.

Levi Strauss reported quarterly earnings of 50 cents per share which beat the analyst consensus estimate of 48 cents per share. The company reported quarterly sales of $1.840 billion which beat the analyst consensus estimate of $1.728 billion.

“We delivered a strong fourth quarter and holiday season, positioning us well as we enter 2025. Our sharpened focus on the core Levi’s® brand is working, with broad-based strength across women’s, men’s, DTC and wholesale,” said Michelle Gass, President and CEO of Levi Strauss & Co. “Our improved performance is a direct result of the work we have done to transform the company into a best-in-class omnichannel retailer. We have a strong plan for the year ahead supported by a robust product pipeline, the continuation of our marketing campaign with Beyoncé and continued retail expansion.”

Levi Strauss said it sees FY25 adjusted EPS of $1.20 to $1.25, versus market estimates of $1.23.

Levi Strauss shares fell 1.5% to close at $18.09 on Wednesday.

These analysts made changes to their price targets on Levi Strauss following earnings announcement.

• Telsey Advisory Group analyst Dana Telsey maintained Levi Strauss with an Outperform rating and lowered the price target from $26 to $23.
• Barclays analyst Paul Kearney maintained Levi Strauss with an Overweight and lowered the price target from $24 to $22.
• Wells Fargo analyst Ike Boruchow maintained the stock with an Equal-Weight and lowered the price target from $20 to $17.
• Morgan Stanley analyst Alex Straton maintained Levi Strauss with an Equal-Weight and lowered the price target from $18 to $17.

Considering buying LEVI stock? Here’s what analysts think:

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