Here’s Why Jim Cramer Thought Levi Strauss & Co. (LEVI) Share Price Performance Was “Ridiculous”

Published on July 14, 2026 at 4:38 pm by Ramish Cheema in News

We recently published Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play. Levi Strauss & Co. (NYSE:LEVI) is one of the stocks discussed by Jim Cramer.

Apparel firm Levi Strauss & Co. (NYSE:LEVI)’s shares are up by 13.8% over the past year and by 16.8% year-to-date. The stock has traded erratically over the past couple of days. On July 9th, the shares closed 2% lower. The day before, after markets closed, Levi Strauss & Co. (NYSE:LEVI) posted its second fiscal quarter earnings report. The results saw the firm post $1.56 billion in revenue and $0.28 in adjusted earnings per share to beat analyst estimates of $1.52 billion and $0.24. Additionally, Levi Strauss & Co. (NYSE:LEVI) also raised full year sales growth guidance to 7% and 7.5% from the earlier 5.5% and 6.5%. The guidance raise also beat analyst estimates. However, the share reacted rather strongly to the earnings – and not in a good way. Cramer couldn’t believe the reaction to Levi Strauss & Co. (NYSE:LEVI)’s earnings report:

“I think that’s a ridiculous reaction to a very good quarter. And they’re making money in athleisure, no one’s doing that except for them. Beyond Yoga was terrific. 51% DTC, the margins are fantastic. What she’s done with Women’s is great. This stock has a history of going down when they report, you buy it and then it goes higher. I think this is a terrific story.”

Here's Why Jim Cramer Thought Levi Strauss & Co. (LEVI) Share Price Performance Was "Ridiculous"