DTC Revenue Growth

Levi Strauss & Co. reported Q2 2026 net revenue of $1.56 billion, an 8 % increase from the same quarter last year, and adjusted earnings per share of $0.28, beating the consensus $0.24 estimate by 16.7 %. Organic net revenue grew 5.7 %, and revenue from the direct‑to‑consumer (DTC) channel advanced 10.8 % on a reported basis, accounting for 51 % of total net revenue; e‑commerce sales rose 19 % and represent 51 % of revenue. DTC also drove margin expansion, with operating margin at 7.8 % and adjusted EBIT margin at 9.0 % for the quarter, up 70 basis points from Q1.