Levi Strauss guided for a drop in revenue in the current year despite seeing a return to growth in its core wholesale business for the first time in almost two years.

Levi Strauss trades at a high P/E of 15x, which is not justified given its modest growth rate and reliance on a favorable fashion cycle. Learn more on LEVI stock here.

For the fiscal year to end 30 November 2025, Levi projects net revenues between 1% and 2% on a reported basis.