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Lands' End (LE) Stock News

LE Nasdaq

Lands' End, Inc. reports company news tied to its digital retail business, including apparel, swimwear, outerwear, accessories, footwear, home products, uniforms, and school and business outfitting. Updates commonly cover operating results across eCommerce, Outfitters, Third Party, Licensing, and Retail channels, with geographic exposure centered on the United States and Europe.

Recurring developments also include capital allocation actions, common-stock repurchase authorizations, balance-sheet updates, tender-offer activity, investor presentations, and the completed intellectual property joint venture with WHP Global. The company's news flow connects retail performance, brand licensing, distribution channels, and governance decisions that affect its public-company profile.

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Lands' End (LE) will participate in the 2026 Global Consumer & Retail Conference on October 8, 2026. CEO Charlie Cole and CFO Bernie McCracken will join a fireside chat at 2:10 p.m. Eastern Time at the Andaz Fifth Avenue in New York. The audio will be webcast live on the company's investor website, with an archive available for 90 days afterward.

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Lands’ End (LE) reported second quarter fiscal 2026 results with higher revenue and a return to profitability.

Net revenue rose 2.7% year over year to $302.0 million, driven by 9.0% growth in U.S. eCommerce and 4.4% growth in Outfitters, while Third Party revenue declined 20.4%. Gross profit increased to $157.0 million and gross margin expanded 320 basis points to 52.0%, mainly from IEEPA tariff refunds, partly offset by JV royalties and warehouse system costs. Net income was $3.5 million versus a $3.7 million loss a year earlier, although Adjusted EBITDA fell 25% to $11.3 million.

The company closed a WHP Global transaction, booking a large equity method investment and using most of the $300 million proceeds to fully repay its term loan, sharply lowering interest expense. Lands’ End repurchased $10.5 million of stock (about 3% of shares) and issued Q3 and full‑year 2026 guidance, including expected net revenue of $1.30–$1.35 billion and GAAP net income of $317.0–$325.0 million.

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Lands' End (NASDAQ: LE) will hold a conference call at 8:30 a.m. Eastern Time on Thursday, September 3, 2026 to discuss its second quarter fiscal 2026 financial results. A related news release and live audio webcast will be available on the company’s investor relations website, with an archived replay posted around noon the same day.

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Lands’ End (Nasdaq: LE) reported inducement equity grants to new Chief Executive Officer Charlie Cole, effective July 13, 2026, under Nasdaq Listing Rule 5635(c)(4). The awards, issued outside shareholder-approved plans, include 109,361 restricted stock units and options for up to 166,018 shares at $11.43 per share, vesting 25%, 25% and 50% on the first three anniversaries of his start date, subject to vesting conditions.

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Lands’ End (NASDAQ: LE) appointed consumer brand and digital transformation executive Charlie Cole as Chief Executive Officer and Board member, effective July 13, 2026, succeeding Andrew McLean.

McLean will move to an advisory role as the company advances its solutions-based strategy, WHP Global joint venture, and a $100 million share repurchase program.

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Lands’ End (NASDAQ: LE) reported Q1 fiscal 2026 net revenue of $238.9 million, down 8.5% year over year, with gross margin falling 410 basis points to 46.7% and adjusted EBITDA at $(6.2) million.

Net income was $330.7 million, largely from the WHP Global transaction. Europe eCommerce grew 14.5%. The company repaid its term loan using $300 million of WHP proceeds, authorized a $100 million share repurchase, and guided fiscal 2026 net revenue to $1.30–$1.40 billion and net income to $310–$320 million.

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Lands' End (NASDAQ: LE) will host an Enhanced Earnings Conference Call at 8:00 a.m. ET on June 9, 2026 to discuss first quarter fiscal 2026 results.

The call will also cover strategy after closing its joint venture with WHP Global and related value creation opportunities, with materials and webcast available on the investor relations website.

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Lands' End (NASDAQ: LE) announced that its Board authorized a $100 million share repurchase program effective April 1, 2026 through March 31, 2029. Purchases may occur in the open market, privately negotiated transactions, or under Rule 10b5-1 plans and may be funded from cash, operations, JV distributions or borrowings.

The company said repayment of its term loan using proceeds from a WHP Global joint-venture transaction materially reduced interest expense and improved the balance sheet, supporting this repurchase authorization; the prior program repurchased 1.26 million shares for $16.0 million through March 31, 2026.

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Lands’ End (NASDAQ: LE) and WHP Global completed a joint venture where Lands’ End contributed its brand intellectual property to the JV and received $300 million for a 50% interest.

The company used most proceeds to fully repay a $234 million term loan, strengthening the balance sheet and reducing interest expense; WHP Global also completed a separate $100 million tender offer and now owns ~7% of Lands’ End.

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WHP Global (NASDAQ:LE) announced the expiration of its tender offer to buy up to 2,222,222 Lands' End shares at $45.00 per share. The offer expired at 7:00 a.m. ET on March 31, 2026.

Computershare, the depositary, reported 29,243,942 shares were validly tendered (~95.2% of outstanding). Purchaser accepted 2,222,222 shares (~7.2%) on a pro rata basis; the proration factor was approximately 7.6%.

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FAQ

What is the current stock price of Lands' End (LE)?

The current stock price of Lands' End (LE) is $10.49 as of October 2, 2026.

What is the market cap of Lands' End (LE)?

The market cap of Lands' End (LE) is approximately 309.9M.