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Levi’s Q3 revenue rose as margins faced headwinds and tariff effects
The company initiated a $100 million accelerated buyback in Q3, targeting more than a 1% reduction in share count in the following few months, after tariff refunds boosted cash flow.
Levi Strauss reported Q3 revenue growth of 4% but said the quarter came with margin pressure and headwinds tied to tariffs and other factors, leaving results below expectations, according to MarketBeat Ratings.
The outlet added that while margins were impacted, tariff refunds helped support cash flow, enabling capital returns to shareholders, including increased dividends and share repurchases.
Levi Strauss also initiated a $100 million accelerated buyback program in Q3, with the goal of reducing the share count by more than 1% within the next few months, and said trailing 12-month activity had already reduced the count, MarketBeat Ratings reported.
The outlet pointed to the company’s strategic shift toward direct-to-consumer channels as part of its longer-term plan, and described Levi’s dividend history as nearly uninterrupted since it returned as a public company.