Levi Strauss & Co. reported a mixed financial performance for the first quarter of 2025, with revenue of $1.53 billion, a 1.99% decline year-over-year, missing analyst expectations by $13 million. However, the company posted an earnings per share (EPS) of $0.38, exceeding estimates by $0.10 and reflecting a year-over-year increase of 46.15%. Despite an uncertain environment influenced by tariffs imposed by the Trump administration, CEO Michelle Gass indicated that any price adjustments in response to these tariffs would be 'surgical' and have a minimal impact on the company's margin structure. Levi's global brand saw an 8% growth, and the company maintained its full-year earnings per share guidance, raising the midpoint to $1.225. The stock experienced a notable rise, with shares increasing by approximately 10% following the earnings report. Meanwhile, JD Sports Fashion also expressed caution regarding the impact of U.S. tariffs on its operations, despite maintaining its earnings outlook.