Lands End Inc Stock Price, News & Analysis

Lands’ End (NASDAQ: LE) reported third quarter fiscal 2025 results for the period ended October 31, 2025 with net revenue of $317.5M (down 0.3% YoY) and gross profit of $164.5M. Gross margin expanded ~120 basis points to 51.8%. Net income was $5.2M (earnings per diluted share $0.17) versus a loss in Q3 2024; adjusted net income was $6.5M (Adj. EPS $0.21). Adjusted EBITDA rose 28% to $25.9M. Cash and equivalents were $36.3M, inventories $347.6M, ABL borrowings $75.0M, and term loan debt $237.3M.

Outlook: Q4 net revenue $460.0M–$490.0M; Q4 adjusted EBITDA $49.0M–$54.0M. Fiscal 2025 adjusted EBITDA now $99.0M–$104.0M. Board continues an ongoing strategic alternatives process.

Lands' End (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Tuesday, December 9, 2025 to discuss third quarter 2025 financial results. A news release with the results will be issued before the call.

Investors can access a live broadcast and the archived webcast via the company investor relations website http://investors.landsend.com/ in the Events and Presentations section. The online archive will be available at approximately noon on December 9, 2025.

Lands' End (NASDAQ: LE) reported Q2 2025 financial results with mixed performance. Net revenue decreased 7.3% to $294.1 million compared to Q2 2024. The company achieved a 90 basis point improvement in gross margin to 48.8% and reduced net loss to $3.7 million ($0.12 loss per share) from $5.3 million loss year-over-year.

Notable segment performance included Outfitters revenue growing 5.1% and Third Party revenue increasing 14.3%. The company maintained strong inventory management, reducing levels for the ninth consecutive quarter. For Q3 2025, Lands' End expects net revenue between $320-350 million and adjusted EBITDA of $24-28 million. The company's Board continues to explore strategic alternatives, including potential sale or merger.

Lands' End (NASDAQ: LE) has scheduled its second quarter 2025 earnings conference call for September 9, 2025 at 5:00 p.m. Eastern Time. The company will release its Q2 2025 financial results prior to the call.

Investors can access the live conference call through the company's investor relations website at investors.landsend.com in the Events and Presentations section. An archived recording of the broadcast will be made available at midnight following the call on the same website section.

Lands' End (NASDAQ: LE) reported Q1 2025 financial results with mixed performance. Net revenue decreased 8.5% to $261.2 million, while gross margin improved by 210 basis points to 50.8%. The company reported a net loss of $8.3 million ($0.27 loss per share). Notable highlights include GMV growth in low single digits (excluding licensing transitions), over 60% increase in licensing revenue, and continued inventory reduction for the eighth consecutive quarter. U.S. eCommerce revenue remained relatively flat at $170.7 million. The company maintained its fiscal 2025 outlook, expecting net revenue between $1.33-1.45 billion and net income between $8-20 million. Lands' End is currently exploring strategic alternatives, including potential sale or merger. The company has successfully reduced inventory by 9% year-over-year and amended its ABL Facility, reducing maximum borrowings from $275M to $225M.

Lands' End (NASDAQ: LE) reported strong Q4 and full-year fiscal 2024 results, marking significant improvements in profitability. Q4 highlights include a 760 basis point increase in gross margin to 45.6% and net income of $18.5 million ($0.59 per share), compared to a net loss in the previous year.

Q4 net revenue was $441.7 million, down 14.2% year-over-year, primarily due to transitioning kids and footwear lines to licensing arrangements. Full-year fiscal 2024 saw net revenue of $1.36 billion with a gross margin improvement of 550 basis points to 47.9%. The company achieved its eighth consecutive quarter of inventory reduction, down 12% year-over-year.

For fiscal 2025, Lands' End projects net revenue between $1.33-1.45 billion, with expected net income of $8.0-20.0 million. The company maintains strong liquidity with no borrowings outstanding and $129.3 million available under its ABL Facility as of January 31, 2025.

Lands' End (NASDAQ: LE) has announced that its Board of Directors has initiated a strategic review process to maximize shareholder value, including exploring potential options such as a sale, merger or similar transaction.

Board Chair Josephine Linden stated that while the company remains confident in its future value creation potential, they believe the market is currently undervaluing the classic American lifestyle brand and its upside potential. The Board has engaged Perella Weinberg Partners as financial advisor and Wachtell, Lipton, Rosen & Katz as legal advisor for this process.

The company has indicated it will not provide further public comments regarding the process until deemed appropriate, and no assurances have been given regarding the outcome or timing of this strategic review.

Lands' End (NASDAQ: LE) has scheduled its fourth quarter and fiscal 2024 earnings conference call for Thursday, March 20, 2025, at 8:30 a.m. Eastern Time. The company will release its financial results prior to the call.

Investors can access the live conference call through the company's investor relations website at http://investors.landsend.com/ in the Events and Presentations section. An archived version of the broadcast will be made available at approximately noon on the same day through the same website section.

Lands' End (NASDAQ: LE) has confirmed receiving a letter from Edward S. Lampert requesting the company to initiate a strategic sale process to maximize shareholder value. Josephine Linden, Chair of the Board, acknowledged that the company welcomes shareholder viewpoints on value maximization and confirmed that the Board is reviewing the letter and its suggestions.

The company has retained Perella Weinberg Partners as financial advisor and Wachtell, Lipton, Rosen & Katz as legal advisor in this matter.