v3.26.3
Business Segment Information (Tables)
9 Months Ended
Aug. 30, 2026
Segment Reporting [Abstract]  
Business Segment Information
Business segment information for the Company is as follows: 
Three Months Ended August 30, 2026
Levi’s Brands
AmericasEuropeAsiaTotal
(Dollars in millions)
Segment net revenues
$838.8 $442.1 $292.8 $1,573.7 
Beyond Yoga® net revenues
36.0 
Total net revenues
$1,609.7 
Segment cost of goods sold
276.8 129.3 113.3 
Segment selling, general, and administrative
311.1 212.0 137.9 
Segment operating income$250.9 $100.8 $41.6 $393.3 
Beyond Yoga® operating loss
(5.3)
Restructuring charges, net(1)
(7.6)
Corporate expenses(158.1)
Interest expense(12.9)
Other income (expense), net10.7 
Income from continuing operations before income taxes
$220.1 
____________
(1)     For the three months ended August 30, 2026 restructuring charges, net consisted primarily of asset impairment charges related to the decision to discontinue certain technology projects as well as severance and post-employment benefit charges.
Nine Months Ended August 30, 2026
Levi’s Brands
AmericasEuropeAsiaTotal
(Dollars in millions)
Segment net revenues
$2,510.0 $1,358.3 $924.0 $4,792.3 
Beyond Yoga® net revenues
121.9 
Total net revenues
$4,914.2 
Segment cost of goods sold
1,007.4 367.6 339.8 
Segment selling, general, and administrative
924.4 671.9 429.7 
Segment operating income$578.2 $318.8 $154.5 $1,051.5 
Beyond Yoga® operating loss
(8.5)
Restructuring charges, net(1)
(29.0)
Corporate expenses(470.8)
Interest expense(38.9)
Other income (expense), net(2)
66.2 
Income from continuing operations before income taxes
$570.5 
____________
(1)     For the nine months ended August 30, 2026 restructuring charges, net consisted primarily of severance and post-employment benefit charges and asset impairment charges related to the decision to discontinue certain technology projects, as well as contract terminations.
(2)     For the nine months ended August 30, 2026 other income (expense), net included a $33.0 million gain on legal settlement recorded during the first quarter. For more information refer to Note 14.

Three Months Ended August 31, 2025
Levi’s Brands
AmericasEuropeAsiaTotal
(Dollars in millions)
Segment net revenues
$806.4 $426.3 $277.7 $1,510.4 
Beyond Yoga® net revenues
33.0 
Total net revenues
$1,543.4 
Segment cost of goods sold
333.6 136.0 114.1 
Segment selling, general, and administrative
283.5 199.3 130.2 
Segment operating income$189.3 $91.0 $33.4 $313.7 
Beyond Yoga® operating loss
(4.8)
Restructuring charges, net(1)
(8.6)
Corporate expenses(132.9)
Interest expense(12.5)
Other income (expense), net1.3 
Income from continuing operations before income taxes
$156.2 
____________
(1)For the three months ended August 31, 2025 restructuring charges, net consisted primarily of severance and other post-employment benefit charges, asset impairments and contract termination costs, partially offset by a gain recognized on the sale of a distribution center in connection with Project Fuel.
Nine Months Ended August 31, 2025
Levi’s Brands
AmericasEuropeAsiaTotal
(Dollars in millions)
Segment net revenues
$2,337.8 $1,229.9 $843.5 $4,411.2 
Beyond Yoga® net revenues
105.0 
Total net revenues
$4,516.2 
Segment cost of goods sold
987.4 369.5 326.3 
Segment selling, general, and administrative
838.1 597.6 396.3 
Segment operating income$512.3 $262.8 $120.9 $896.0 
Beyond Yoga® operating loss
(12.3)
Restructuring charges, net(1)
(22.1)
Corporate expenses(394.6)
Interest expense(35.2)
Other income (expense), net3.5 
Income from continuing operations before income taxes
$435.3 
____________
(1)     For the nine months ended August 31, 2025 restructuring charges, net consisted primarily of severance and other post-employment benefit charges, and asset impairments and contract termination costs, partially offset by a gain recognized on the sale of a distribution center in connection with Project Fuel.

Three Months EndedNine Months Ended
August 30,
2026
August 31,
2025
August 30,
2026
August 31,
2025
(Dollars in millions)
Depreciation and amortization expense:
Americas$15.5 $15.3 $46.1 $45.4 
Europe9.0 7.8 26.0 22.8 
Asia4.9 5.2 15.2 14.1 
Total segment depreciation and amortization expense29.4 28.3 87.3 82.3 
Beyond Yoga and unallocated25.4 23.5 80.0 67.7 
Total continuing operations depreciation and amortization expense$54.8 $51.8 $167.3 $150.0 
Reconciliation of other significant reconciling items
August 30, 2026
Levi's Brands
AmericasEuropeAsiaSegment Total
Unallocated(1)
Consolidated Total
(Dollars in millions)
Assets:
Inventories$768.1 $172.3 $198.4 $1,138.8 $114.8 $1,253.6 
All other assets5,675.5 5,675.5 
Total assets$6,929.1 
____________
(1)
Unallocated inventories include $46.3 million of Beyond Yoga inventory.
November 30, 2025
Levi's Brands
AmericasEuropeAsiaSegment Total
Unallocated(1)
Consolidated Total
(Dollars in millions)
Assets:
Inventories$761.7 $161.3 $178.1 $1,101.1 $136.6 $1,237.7 
All other assets5,611.1 5,611.1 
Total assets$6,848.8 
____________
(1)
Unallocated inventories include $38.5 million of Beyond Yoga inventory.