Levi Strauss & Co (LEVI) shares surged 6.64% in pre-market trading on Friday, following the company's impressive second-quarter results and raised full-year guidance. The denim maker demonstrated resilience in the face of ongoing tariff uncertainties, beating analyst expectations and showcasing strong growth across various segments.

For the second quarter ended June 1, Levi Strauss reported adjusted earnings per share of $0.22, significantly surpassing the analyst consensus of $0.13. This represents a 37.5% increase from the $0.16 per share reported in the same period last year. Revenue rose 6% year-over-year to $1.45 billion, outperforming analyst estimates of $1.37 billion. The company's performance was particularly strong in Europe, where net revenue increased by 14% on a reported basis, and in its direct-to-consumer segment, which saw an 11% rise.

In light of these robust results, Levi Strauss raised its fiscal 2025 outlook. The company now projects annual revenue growth of 1% to 2%, a notable improvement from its previous forecast of a 1% to 2% decline. Additionally, it lifted its annual adjusted earnings per share guidance to between $1.25 and $1.30, up from the previous range of $1.20 to $1.25. This positive revision comes despite ongoing tariff concerns, with the company effectively managing its diverse sourcing network to mitigate impacts. CFO Harmit Singh emphasized the company's strong first-half performance and continued momentum across the business as key factors behind the improved outlook. The guidance factors in current tariff rates, assuming a 30% tariff on imports from China and 10% on those from other countries for the rest of the year.