Levi Strauss & Co. has again raised its full-year financial outlook, citing stronger-than-expected second-quarter sales. The apparel maker now anticipates revenue growth of 7% to 7.5% for the fiscal year ending November 29, an increase from its previous forecast of 5.5% to 6.5%.

The company also adjusted its projected adjusted earnings per share (EPS) upward to between $1.46 and $1.52, from a prior range of $1.42 to $1.48. These revisions reflect Levi's ongoing strategy to expand its product lines and concentrate on its direct-to-consumer sales channels.

Despite the improved guidance, the midpoint of Levi's updated EPS projection fell slightly short of the $1.51 consensus estimate from FactSet analysts. This suggests that while the company is performing well, some investors had anticipated an even more substantial uplift, potentially impacting market sentiment.