Levi Strauss & Co.’s goal of generating $9 billion to $10 billion in annual revenue by 2027 will be pushed back as the denim-clothing company is still seeing pressure on its customer after a long inflationary period,

Key Takeaways Levi Strauss posted a stylized image resembling Beyonce's "Cowboy Carter" album cover on Instagram that may hint at a collaboration with the superstar.Levi's CEO Michelle Gass reportedly pushed back the company's goal of reaching $9 billion to $10 billion in annual revenue by 2027.

Levi Strauss' target of hitting $9 billion to $10 billion in revenue by 2027 would be pushed back as rising costs of living hits Western consumers, even as the company expands store openings, the Financial Times reported on Tuesday.

Levi's has left Beyoncé fans buzzing after teasing a potential future collaboration. On Monday, the denim retailer posted a red graphic of a woman that resembles the likeness of the music icon riding a horse while wearing a cowboy hat. "INTRODUCING: A New Chapter," the brand captioned the post that also tagged Beyoncé.

Levi's has launched some pretty impressive collaborations over the years, teaming up with names like Stussy, sacai, ERL and New Balance in 2023 alone. Its campaign talent has been nothing short of spectacular too, with recent stars like Barbie Ferreira and Emma Chamberlain appearing in new campaigns last year.

Levi Strauss' existing target to hit $9 billion to $10 billion in revenue by 2027 would be pushed back, the Financial Times reported on Tuesday.

Levi’s appears to be building on its Beyoncé song shoutout from earlier this year with a potential collab with the superstar.

Levi Strauss & Co. warned of a delay in achieving its goal of reaching $10 billion in revenue by 2027 due to rising costs in Western countries. The clothing company is dealing with rising costs of living that hit Western consumers.