Lands End Inc Stock Price, News & Analysis

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.

Lands' End (NASDAQ: LE) announced its participation in the 27th Annual ICR Conference at Grande Lakes Orlando, FL, on January 14, 2025. CEO Andrew McLean and CFO Bernie McCracken will engage in a fireside chat presentation at 1:30 PM Eastern Time. The presentation will be accessible via live audio webcast at http://investors.landsend.com, with the recording available for 90 days following the event.

Lands' End (NASDAQ: LE) reported Q3 2024 financial results with mixed performance. Net revenue decreased to $318.6 million from $324.7 million year-over-year, while gross profit increased 5.6% to $161.1 million. The company achieved a significant gross margin improvement of 360 basis points to 50.6%.

Notable highlights include a 20% increase in new customer acquisition and a 20% reduction in inventory levels. The company reported a net loss of $0.6 million ($0.02 per share), compared to a net loss of $112.4 million in Q3 2023. For Q4 2024, Lands' End expects net revenue between $440.0-$480.0 million and net income between $18.0-$21.0 million.

Lands' End (NASDAQ: LE) announced it will host a conference call on December 5, 2024, at 8:30 a.m. Eastern Time to discuss its third quarter 2024 financial results. The company will release its financial results before the call. Investors can access the live broadcast through the company's investor relations website, with an online archive available at approximately noon on the same day.