Levi Strauss Q2 revenue +8%, net income +19% as Dockers sale closes and $80M tariff refund looms

Filed July 8, 2026 · Period ending May 31, 2026 · ~1 min read

Key Changes

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  Supreme Court invalidated $80M in tariffs paid by Levi's; refund process underway but company has not yet recognized most as an asset due to program uncertainty.

  Legal Proceedings: IEEPA tariff refund verify on EDGAR →
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  Transition of distribution centers to third-party logistics providers has caused shipping delays, order cancellations, and increased costs; introduces concentration risk to order fulfillment.

  MD&A: Logistics transition verify on EDGAR →
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  Completed sale of Dockers business for $291M gross proceeds, generating $156M in gains; business now reported as discontinued operations.

  Notes: Dockers sale verify on EDGAR →