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Levi Strauss & Co (LEVI)
NYSEConsumer DiscretionaryApparel ManufacturingSnapshot 2026-06-15
Intact
$24.05+0.19%
Close 2026-06-15 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, but earnings quality is fragile, indicating that reported profits may not be well-supported by cash flow. Management's recent track record has been neutral, and the company has a capital-friendly stance. Risk is moderate, while the sector backdrop presents a headwind, with LEVI trading above typical levels compared to sector peers. Peer multiples imply a price about 14% below where it trades (it looks expensive on this basis); the read is fair, but weakening. This analysis is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NYSE
- Sector
- Consumer Discretionary
- Industry
- Apparel Manufacturing
- Market cap
- $9.23B
- Employees
- 19,000
- IPO date
- 2000-07-07
- Next earnings
- 2026-07-09
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $24.05. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfull
$21.03consensus
Range $20.02 – $21.73
vs price: +14% above
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$34.27consensus
Range $28.85 – $40.93
vs price: -30% below
Method agreement — · 4 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Aligned with peershigh confidence
At $24 LEVI trades at 18× p/e, in line with its 15× p/e peer median. Our $21 fair value reflects that, high confidence. Not investment advice.
Multiple (P/E)
18.0x
peer 15.4x · own history —
Premium
1.2x peer
Growth the price needs
17%
our forecast 1%
Our fair value
$20.63
range $19.58 – $21.68
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fullfair — but weakening12-month view
What's priced inStretched
The market is pricing in roughly 17% near-term growth, ahead of our forecast of about 1%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only weak execution quality — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated strong grew net income 70% of the time over the next year (vs 53% for the rest of the cohort, n=2844).
95th pctl · Consumer Discretionary
Earnings quality
fragileOver the trailing year it converted 1.11x of net income into operating cash flow. Historically, Consumer Discretionary names rated fragile grew net income 45% of the time over the next year (vs 58% for the rest of the cohort, n=2427).
23rd pctl · Consumer Discretionary
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
Management & capital allocation
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bullish15 analysts, 87% Buyfor period ending 2026-08-31
Why this setup
Consensus revisions
EPS estimate $0.38 → $0.38 (+0.2% / 30d). 1 raised, 0 cut, 15 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 87% of analysts rate Buy.
Price target activity
1 PT revisions / 30d. Avg target 18.3% above current price.
Material events
0 positive, 0 negative / 30d.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
Sector context
Intermediate · WeeklyManagement scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- strong
- Earnings discipline
- strong
- Margin discipline
- neutral
- Balance sheet
- neutral
- Post-call reaction
- neutral
A guidance track record builds as the company issues and delivers on guidance.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$139.
How much price usually moves either way.
On a bad day, this stock has moved -$313.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,641.
Deepest peak-to-trough drop in the last year.
moderateas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- Either wayHigh confidenceWeeksactive 4d
Watch for changes in consumer spending from retail sales report
Why it matters: Retail sales data can show changes in consumer spending. This affects Levi's sales.
What confirms / what disproves
Confirms one read:The retail sales report shows an increase from last month.
Confirms the other:The retail sales report shows a decrease from last month.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
- 2026-06-115d agoYahoo! Finance
Lawsuit could impact brand reputation and financials.
ChallengesUnconfirmed report
This sector is also watching
- Watch for June retail sales growth to turn positive
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like RL, VFC, and KTB keep beating earnings and guiding higher, the Consumer Discretionary sector momentum should keep lifting LEVI and other Consumer Discretionary names. Worth watching these names for early signals.
- If LEVI beats again next quarter like it did this past one (a solid beat of +14% on the 2026-02-28 print), the momentum tends to extend, with Street estimates ratcheting up and the stock typically following.
Downside triggers
- If LEVI reverses and cuts guidance after recently raising (RAISED as of 2026-04-07), that's the worst kind of move: a credibility hit on top of the lower number. Stocks usually get punished disproportionately for this.
- If sector bellwethers like RL, VFC, and KTB start missing or guiding lower, the Consumer Discretionary tailwind helping LEVI and other Consumer Discretionary names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits LEVI and other Consumer Discretionary names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-06-152d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 10, 2026, Elliott Rodgers, a member of the Board of Directors (the “Board”) of Levi Strauss & Co. (the “Company”), tendered his resignation as a member of the Board, effective June 15, 2026, in connection with his appointment as an executive officer of Kohl’s Corporation. Mr. Rodgers’ departure is not the result of any disagreement with the…
Executive changeneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
-2.2 vs last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.