Levi's is trading 4.9% down at $23.50 after investors reacted negatively to conservative elements in its latest earnings outlook.

  • The company beat Q2 2026 revenue and EPS estimates and raised its full-year guidance.
  • Investors are focusing on margin headwinds and a cautious forward-looking tone, extending a sell-off that began in after-hours trading.
  • The current move follows a drop of more than 5% in the pre-market session as the market weighed the results against the guidance.