Levi Strauss & Co reported strong financial results for Q3, FY25, leading the company to raise its full-year outlook.

The company posted $1.5 billion in net revenues, marking a 7 per cent Y-o-Y increase on both a reported and organic basis. The DTC channel was a primary driver of growth, with net revenues increasing by 11 per cent. The e-commerce segment grew by 18 per cent while the DTC accounted for 46 per cent of total net revenues in the quarter, reflecting the success of the company's ‘DTC-first’ strategy.

Performance was strong across all regions, led by Asia where net revenues rose by 12 per cent while net revenues in Americas grew by 6 per cent and revenues in Europe increased by 5 per cent.

The company’s gross margin expanded by 110 basis points (bps) to 61.7 per cent, primarily due to a favorable channel mix and price increases.