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Levi Strauss Posts Earnings Report

Published April 10, 2026

Levi Strauss & Co. (LEVI) announced its first quarter financial results on Tuesday, April 7. The denim powerhouse’s revenues exceeded expectations for the quarter, causing its shares to rise more than 6% following the earnings release.

Levi’s reported revenue of $1.74 billion for the first quarter, which was up 14% from revenue of $1.53 billion in the same quarter last year. This was above analysts’ expectations of $1.65 billion in revenue.  

“We delivered very strong financial performance in the first quarter driven by broad-based growth across channels, regions and categories,” said Levi Strauss & Co. CEO, Michelle Gass. “Our evolution into a DTC-first denim lifestyle brand is allowing us to capture a much larger addressable market and deliver faster and more consistent growth. Today we are operating from a stronger foundation, executing with focus and intention, with more ways to win than ever before.”

The company reported net income of $175.8 million or $0.45 per adjusted share. This was an improvement from a net income of $135.0 million or $0.34 per adjusted share reported during the same quarter last year.

The company’s global direct-to-consumer (DTC) revenue and e-commerce segments saw significant growth, increasing 16% and 21% respectively. Levi’s declared a dividend of $0.14 per share of common stock, payable on May 6, 2026, to the stockholders of record for Class A and Class B common stock on April 22, 2026. For full-year fiscal 2026, the company anticipates net revenue to grow between 5.5% to 6.5% year-over-year and adjusted diluted earnings per share between $1.42 to $1.48.

Levi Strauss & Co. (LEVI) shares ended at $22.75, up 20% for the week.

Delta Air Lines Announces Earnings

Delta Air Lines, Inc. (DAL) reported first quarter earnings on Wednesday, April 8. The Atlanta-based airline company reported better-than-expected earnings and revenue, causing its stock to rise nearly 12% after the release of the report.

The company posted revenues of $15.85 billion for the first quarter. This is up 13% from $14.04 billion in revenue during the first quarter of 2025 and exceeded analysts’ estimates of $15.21 billion.

“Delta's results underscore the power of our brand and the durability of our financial foundation," said Delta CEO, Ed Bastian. "Demand remains strong, and we are taking actions to protect our margins and cash flow. This includes meaningfully reducing capacity growth, with a downward bias until the fuel environment improves, and moving quickly to recapture higher fuel costs."

Delta reported a net loss of $289 million or $0.44 per adjusted share. This was down from net income of $240 million or $0.37 per adjusted share in the same quarter last year.

Delta Air Lines’ first quarter earnings highlighted increased passenger revenue in the United States. Domestic travel revenue increased by 8% to $8.7 billion and Pacific travel rose 10% to $740 million during the quarter. Atlantic passenger revenue increased 11% to $1.5 billion, while Latin America travel remained unchanged at $1.3 billion. Delta’s total passenger revenue was $12.3 billion, up 7% from the prior year. For the second quarter of 2026 the company expects revenue growth in the low-teens and pre-tax profit of around $1 billion.

Delta Air Lines, Inc. (DAL) shares ended the week at $67.82, up 2% for the week.

The Simply Good Foods Company Releases Earnings Report

The Simply Good Foods Company (SMPL) released its second quarter earnings report on Thursday, April 9. The Denver-based nutritional food company reported a decline in sales and earnings, resulting in the company’s stock declining by 12% after the release of the report.

The company reported revenue of $326.0 million during the second quarter. This was a decrease from revenue of $359.7 million in the same quarter last year and below analysts’ estimates of $343.8 million.

“I want to make it quite clear that we are not satisfied with our current performance,” said The Simply Good Foods Company CEO, Joe Scalzo. “Our recent results have not met our expectations, and we have taken immediate and fundamental actions to turnaround both our financial performance and our in-market performance.”

For the quarter, the company reported a net loss of $159.7 million or $1.73 per diluted share. This is a significant decline from net income of $36.7 million or $0.36 per diluted share at the same time last year.

The food company, which specializes in low-carb, low-sugar and high-protein products, reported that its Total Simply Good Foods retail takeaway decreased by around 6.4%. This decline was driven by mixed performance across its brands, including a 2.4% growth for Quest, a 2.4% decline for OWYN and a 23.4% decline for Atkins. The company’s North America segment ended the quarter with $319.3 million in sales, down from $353.2 million last year, while its international segment reported $6.7 million in net sales, an increase from $6.4 million a year earlier. The company updated its fiscal year 2026 outlook and expects net sales to range between $1.31 billion and $1.35 billion.

The Simply Good Foods Company (SMPL) shares ended the week at $10.44, down 26% for the week.

The Dow started the week of 4/6 at 46,472 and closed at 47,917 on 4/10. The S&P 500 started the week at 6,588 and closed at 6,817. The NASDAQ started the week at 21,940 and closed at 22,903.