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,

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.

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'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.

Though that's generally all Bey fans need to start getting their wallets ready, details about the upcoming collaboration or its release date haven't been shared at the time of reporting. This Levi's collab [is] gon' come out of the tour fund.

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.

After establishing herself as a bonafide cowgirl on Cowboy Carter, Beyoncé has inked a collaboration with Levi’s. The denim brand announced the news with a close-up photo of a graphic screen printed on a T-shirt, showing an outline of Bey on a horse. The drawing of the singer, like on her album, also wears pointy boots and a cowboy hat.

Posting a cryptic graphic image of a horse and rider with a cowboy hat, Levi's tagged Beyoncé and captioned the post "INTRODUCING: A New Chapter." As expected, fans have gone to town in the comments,

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.