LE
Lands' End, Inc.15.32
-0.12-0.78%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
468.04MP/E (TTM)
41.41Basic EPS (TTM)
0.37Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Q2 revenue dips, margins rise
Lands' End reported Q2 net revenue of $294.1 million, down 7.3% from last year, yet gross margin expanded 90 basis points to 48.8% on better promotions and licensing growth. Outfitters revenue rose 5.1% to $66.4 million, fueled by school uniform gains, while inventory dropped 3% to $301.8 million for the ninth straight quarter. Momentum builds in key channels. Strategic alternatives review continues amid tariff risks.
10-Q
Q2 FY2025 results
Lands' End posted Q2 FY2025 revenue of $294.1M, down 7.3% y/y from $317.2M, yet gross margin climbed to 48.8% from 47.9% on sharper promotions and licensing growth. Operating income rose to $4.0M from $2.5M, while net loss narrowed to $3.7M or $(0.12) diluted EPS from $5.3M or $(0.17), confirmed against 30,743K shares with no anti-dilution. U.S. Digital drove 87% of sales but slipped 5.6% y/y, offset by Outfitters up 5.1% on new school accounts; Europe eCommerce fell 14.8% amid supply snags. Cash hit $21.3M with $87.6M ABL availability, Term Loan at $240.5M (12.71% rate, due 2028), and FCF negative $16.7M (derived) from $0.5M ops cash minus $17.2M capex. Restructuring trimmed 6% of corporate roles for $5.8M YTD costs. Licensing surged 19%, signaling brand leverage. Still, competition squeezes eCommerce pricing power.
8-K
Q1 revenue down, margins up
Lands' End reported Q1 fiscal 2025 results on June 5, 2025, with net revenue falling 8.5% to $261.2 million amid licensing transitions for kids and footwear, yet gross margin expanded 210 basis points to 50.8% through premium positioning. Inventory dropped 9% to $262.4 million for the eighth straight quarter, bolstering efficiency, while Adjusted EBITDA dipped to $9.5 million. Ongoing strategic alternatives review adds uncertainty to the path ahead.
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