** Shares of Levi Strauss LEVI.N rise 3.26% to $13.93 in extended trading

** LEVI posts a 3% rise in Q1 revenue from continuing operations to $1.53 billion, excluding sales from its Dockers brand; analysts were expecting $1.54 billion, as per data compiled by LSEG

** Q1 gross margin was up 330 basis points to 62.1%, from 58.8% last year

** Maintains FY2025 organic net revenue and profit forecasts, excluding impact from newly announced tariffs and revenues from Dockers

** LEVI has fallen 22% YTD, as of Monday's close

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com))