Welcome to our dedicated page for Lands End news (Ticker: LE), a resource for investors and traders seeking the latest updates and insights on Lands End stock.
Lands' End, Inc. (NASDAQ: LE) is a digital retailer in the family clothing and lifestyle segment, with a focus on solution-based apparel, swimwear, outerwear, accessories, footwear, home products and uniforms. This news page aggregates company announcements, earnings releases and other updates that shed light on how Lands' End is executing its strategy across digital, licensing and uniform channels.
Recent news from Lands' End includes quarterly earnings results that discuss trends in gross merchandise value, net revenue, gross margin and adjusted EBITDA, along with commentary on inventory management, tariff impacts and supply chain initiatives. The company regularly issues releases on its first, second, third and fourth quarter performance, as well as full-year results, providing insight into segment performance in U.S. Digital, Outfitters, Third Party, Europe eCommerce, and Licensing and Retail.
Investors and followers of LE stock will also find corporate developments such as the Board of Directors’ decision to initiate a process to explore strategic alternatives, including a potential sale or merger, and responses to shareholder communications regarding this process. In addition, Lands' End announces conference calls to discuss its results, participation in investor conferences, and partnerships highlighted in its business updates.
This page is useful for tracking how Lands' End’s digital retail focus, licensing strategy, and Outfitters uniform business are reflected in its public communications. By reviewing the news feed, readers can see how management describes the company’s brand positioning, its efforts to enhance digital operations and marketing, and its approach to navigating tariffs, supply chain conditions and broader retail market dynamics over time.
Lands’ End (NASDAQ: LE) has partnered with X-Trade to enhance its presence in Europe by managing warehousing, logistics, and sales of its products on European marketplaces. This collaboration started with a soft launch on Zalando, Europe’s leading online fashion platform, featuring men’s and women’s apparel. The partnership aims to attract new customer segments and improve operational efficiency, leveraging X-Trade's extensive marketplace expertise.
Lands' End reported a 23.1% increase in net revenue for Q2 FY2021, totaling $384.1 million, compared to $312.1 million last year. Net income surged to $16.2 million from $4.4 million year-over-year, with adjusted EBITDA rising to $41.4 million. Global eCommerce grew by 7.7%, and Outfitters revenue jumped 75.4%. Despite challenges in the supply chain impacting gross margins, the company raised its EBITDA guidance and provided a positive outlook for the remainder of FY2021.
Lands' End, Inc. (NASDAQ: LE) will host a conference call on September 2, 2021, at 8:30 a.m. ET to discuss its second quarter fiscal 2021 financial results. A news release with these results will be available prior to the call. Investors can access the live broadcast on the company's investor relations website or by dialing (866) 753-5836. An online archive of the call will be accessible post-event on the company's website.
Lands' End is a leading retailer of casual clothing and accessories, emphasizing quality and customer service.
Lands' End, Inc. (NASDAQ: LE) has raised its financial guidance for Q2 and the full fiscal year 2021, citing strong performance driven by eCommerce and a recovery in its Outfitters business. For Q2, the company expects net revenue between $380M and $385M, net income of $13M to $14.5M, and Adjusted EBITDA of $36M to $38M. For the full year, net revenue is projected at $1.67B to $1.71B, net income between $43M and $49.5M, and Adjusted EBITDA of $132M to $140M, showcasing significant growth over fiscal 2020.
Lands’ End (NASDAQ: LE) announces its Fifth Annual Backpack Day Event, offering a 50% discount on all backpacks and lunchboxes on July 19-20, 2021. The initiative comes as students prepare for a return to in-person classes. In addition to backpacks, Lands' End is launching new kids’ accessories and activewear. The brand emphasizes quality and personalization options for its products, alongside a back-to-school sweepstakes running from July 8 to August 18, 2021, with a grand prize of $5,000. Products are available online and in stores.
DODGEVILLE, Wis., June 15, 2021 -- Lands’ End, Inc. (NASDAQ: LE) announced its participation in the Jefferies Virtual Consumer Conference on June 22, 2021. The Company will present in a fireside chat at 8:35 AM Eastern Time, with the audio webcast available on its investor relations website. The presentation will be archived online for 90 days post-event. Lands' End is known for its high-quality casual clothing, accessories, and home products, offering a classic American lifestyle brand experience.
Lands' End reported a significant turnaround in its Q1 fiscal 2021 results, with net revenue increasing by 48.1% to $321.3 million, driven largely by a 44.4% growth in global eCommerce sales. The company posted a net income of $2.6 million, a stark contrast to a $20.6 million loss in the previous year. Adjusted EBITDA rose to $22.5 million, marking a $34.1 million improvement. Outlook is optimistic, projecting net revenue between $1.61 billion and $1.65 billion for fiscal 2021.
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Lands' End, Inc. (NASDAQ: LE) will host a conference call on June 2, 2021, at 8:30 a.m. Eastern Time to discuss its first quarter fiscal 2021 financial results. A news release detailing these results will be available before the call. Interested parties can listen live via the company’s investor relations website or by calling (866) 753-5836. An online archive of the broadcast will be accessible on the company website around noon on the same day.
Lands’ End (NASDAQ: LE) and Draper James, Reese Witherspoon’s lifestyle brand, continue their collaboration by launching a new swimwear collection this month. This initiative follows their previous partnership that began with a swimwear line in March 2020. Plans are also underway for sleepwear and home collections set for Fall 2021. The collection promotes body inclusivity and comfort, aligning with both brands' core values. A portion of proceeds will benefit Girls Inc. to promote body positivity among young girls.