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Lands` End, Inc. - LE STOCK NEWS

Welcome to our dedicated news page for Lands` End (Ticker: LE), a resource for investors and traders seeking the latest updates and insights on Lands` End.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lands` End's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lands` End's position in the market.

Rhea-AI Summary
Lands’ End introduces WaveShaper™ technology in new Sculpting Suits, continuing its tradition of swim innovation. The technology offers targeted zoned compression for an hourglass effect, catering to diverse body types. Available in one-piece swimsuits and high-waisted bottoms, the brand aims to redefine swimwear experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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none
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Rhea-AI Summary
Lands’ End, Inc. (LE) announces a 13.5% increase in gross profit and a 550 basis point rise in gross margin compared to Q4 FY2022. The company reveals its fiscal 2024 outlook, highlighting efforts to enhance inventory position and profitability. Net revenue decreased by 2.8% to $514.9 million in Q4, driven by changes in eCommerce and Outfitters segments. Despite the revenue decline, Lands’ End managed to improve gross margin and reduce inventory. The company ended FY2023 with a strengthened balance sheet, setting the stage for strategic growth in FY2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.96%
Tags
-
Rhea-AI Summary
Lands’ End, Inc. (LE) authorizes a $25 million stock repurchase program until March 31, 2026, showing confidence in the company's strategy and commitment to shareholder value. The prior program repurchased 2.3 million shares for $20.3 million and expired in February 2024. Repurchases will be funded through various means, with flexibility in timing and methods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
buyback
Rhea-AI Summary
Lands' End, Inc. (LE) will host a conference call to discuss its fourth quarter and fiscal 2023 financial results on March 27, 2024. Listeners can access a live broadcast on the Company's investor relations website. An online archive will be available on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
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-
Rhea-AI Summary
Lands’ End (LE) announced an exclusive women’s swim collection for Target, featuring nearly 70 pieces ranging from $36-$70. The collection includes tops, bottoms, skirts, cover-ups, and bags, incorporating new fabrics, prints, patterns, and colors. The collaboration with Target aims to deliver relevant style, premium solutions, and inclusive designs for customers. The collection features sun protection, slimming fabric, and built-in panties and shorts, catering to every size and shape. The CEO, Andrew McLean, expressed confidence in the partnership, emphasizing the accessibility of quality products. The collection is available on Target.com and in select Target stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Lands' End, Inc. (NASDAQ: LE) will be participating in the 26th Annual ICR Conference, with a fireside chat presentation featuring CEO Andrew McLean and CFO Bernie McCracken at 3:00 PM Eastern Time on Monday, January 8, 2024. The audio portion will be webcast live and available for 90 days. An investor presentation will also be posted on the company's website on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
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none
News
Rhea-AI Summary
Lands' End, Inc. (NASDAQ: LE) refinances existing term loan with a new $260 million loan, maturing in 2028. The loan is secured by a first lien on all non-ABL assets and a second lien on all ABL assets. Interest rate starts at 8.25% per annum and amortization is at 1.25% of the original principal amount quarterly. The company's CFO and CEO express confidence in the company's trajectory and its ability to drive long-term profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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none
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Rhea-AI Summary
Lands’ End, Inc. (NASDAQ: LE) announced financial results for Q3 2023, with net revenue decreasing 12.5% to $324.7 million. Gross profit increased 2.8% to $152.6 million, but net loss was $112.4 million. Adjusted EBITDA was $17.3 million. The company delivered a 700 basis point year-over-year improvement in gross margin and achieved a 25% reduction in year-over-year inventory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.62%
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Rhea-AI Summary
Lands' End, Inc. (LE) will conduct a conference call on December 5, 2023, to discuss its third quarter 2023 financial results. The live broadcast and online archive will be accessible on the Company’s investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
Rhea-AI Summary
Lands' End celebrates its 60th anniversary by launching a limited-edition 1963 collection of its iconic Squall® Jacket, featuring timeless designs and unique detailing. The collection includes five exclusive styles and pricing starts at $29.95. Available at LandsEnd.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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none
Lands` End, Inc.

Nasdaq:LE

LE Rankings

LE Stock Data

405.30M
28.37M
62.21%
31.8%
1.72%
Family Clothing Stores
Retail Trade
Link
US
Dodgeville

About LE

lands’ end is a premier source of apparel and gear for women, men, kids and the home – sold by catalog, online, and at over 200 lands’ end shops at sears. since 1963, we’ve earned a reputation for quality, value and exceptional customer service embodied by one simple promise: everything we sell is guaranteed. period.®