LEVI — what changed in the latest 10-Q
A section-by-section comparison of LEVI's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-07 vs the prior 10-Q · 2026-07-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +47 | −33 | ~59 | 120 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Other information | Text added/removed | 0 | −5 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-07
For the three-month period ended August 30, 2026, DTC revenues increased slightly due to store expansion and growth in e-commerce which were largely offset by slower traffic in our company-operated stores. Wholesale revenues increased due to price increases partially offset by a slight decrease in v…
Europe. Currency translation had an unfavorable impact on net revenues of approximately $4 million and a favorable impact of approximately $67 million for the three-month and nine-month periods ended August 30, 2026, respectively. Net revenues in Europe increased on a reported basis and organic basi…
For the three-month period ended August 30, 2026, DTC revenues decreased primarily due to lower store performance driven by softer traffic, and wholesale revenues increased due to higher volumes. For the nine-month period ended August 30,
2026, DTC revenues increased primarily due to higher e-commerce revenues and higher store performance, and wholesale revenues increased primarily due to higher volumes compared to the prior year period.
For the three-month period ended August 30, 2026 the increase in DTC revenues was primarily due to store performance and expansion in our company-operated stores, and higher e-commerce revenues primarily due to higher demand. The increase in wholesale revenues was primarily due to price increases. F…
Text removed vs the prior filing · source: 10-Q · 2026-07-08
The increase in DTC revenues was attributable to growth across all markets, driven by store performance and expansion as well as higher e-commerce revenues driven by higher units per transaction. We benefited from 37 more company-operated stores in operation in Americas as of May 31, 2026 as compare…
Europe. Currency translation had a favorable impact on net revenues of approximately $20 million and approximately $72 million for the three-month and six-month periods ended May 31, 2026, respectively. For the three-month period ended May 31, 2026, net revenues in Europe increased on a reported bas…
Wholesale revenues decreased on an organic basis for the three-month period ended May 31, 2026 primarily due to lower volumes and increased for the six-month period ended May 31, 2026 primarily due to higher volumes compared to the prior
year periods. Volumes decreased during the three-month period ended May 31, 2026 primarily due to higher volume in the prior year period in order to normalize shipping after the transition to the distribution center in Dorsten, Germany. The increase in DTC revenues was primarily due to e-commerce re…
The increase in DTC revenues was primarily due to store performance and expansion in our company-operated stores, and higher e-commerce revenues. We benefited from 17 more company-operated stores in operation in Asia as of May 31, 2026 as compared to June 1, 2025. The increase in wholesale revenues …
Other information
Text removed vs the prior filing · source: 10-Q · 2026-07-08
Name and TitleActionApplicable DateDuration of Trading ArrangementsRule 10b5-1 Trading Arrangement?
(Y/N)*Aggregate Number of Securities Subject to Trading Arrangement
* Denotes whether the trading plan is intended, when adopted, to satisfy the affirmative defense of Rule 10b5-1(c).
(1) Trading arrangement provides for the sale of 50,000 shares of Class A common stock owned by Mr. Singh and shares of Class A common stock that will be received by Mr. Singh in connection with the exercise of 424,916 stock appreciation rights (“SARs”). The actual number of shares of our Class A co…
(2) Trading arrangement provides for the sale of shares to be received by Ms. Hillman related to 38,599 restricted stock units (“RSUs”) and 34,547 performance-based restricted stock units (“PRSUs”) scheduled to vest in January 2027. The trading arrangement also provides for the sale of shares of Cla…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice