Levi Strauss (LEVI) Shares Soar 11.25% on Strong Q2 Earnings

Levi Strauss (LEVI) shares surged 11.25% today, marking the second consecutive day of gains, with a total increase of 13.14% over the past two days. The share price reached its highest level since June 2024, with an intraday gain of 12.47%.

The strategy of buying LEVI shares after they reached a recent high and holding for one week yielded a 49.44% return over the past five years, slightly underperforming the benchmark return of 56.99%. Here is the backtest result of this strategy:

Levi Strauss reported better-than-expected earnings for the second quarter of 2025, with earnings per share reaching 22 cents adjusted versus the 13 cents expected, and revenue amounting to $1.45 billion. This strong financial performance has significantly boosted investor confidence in the company.

The company raised its annual revenue and profit forecasts, driven by strong demand at its stores and robust performance across all regions and both men's and women's segments. This included a 6% rise in Q2 revenue, with organic net revenues up 9%. The company's ability to maintain strong growth across different segments and regions has been a key driver of its recent success.

Levi Strauss has seen no signs of moderation in business momentum as of June and the third quarter to date, and it became the No. 1 women's denim brand in the last 12 months. This sustained momentum and market leadership position have further solidified investor optimism about the company's future prospects.