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Lands' End Inc. Q1 Loss Rises

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Lands' End Inc. (LE) released Loss for its first quarter that increased from last year

The company's earnings came in at -$6.442 million, or -$0.20 per share. This compares with -$1.652 million, or -$0.05 per share, in last year's first quarter.

Excluding items, Lands' End Inc. reported adjusted earnings of -$6.187 million or -$0.20 per share for the period.

The company's revenue for the quarter fell 7.8% to $285.471 million from $309.558 million last year.

Lands' End Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$6.442 Mln. vs. -$1.652 Mln. last year.
-EPS (Q1): -$0.20 vs. -$0.05 last year.
-Revenue (Q1): $285.471 Mln vs. $309.558 Mln last year.

-Guidance:
Next quarter EPS guidance: -$0.14 to -$0.06
Next quarter revenue guidance: $290 to $320 Mln
Full year EPS guidance: $0.18 to $0.41
Full year revenue guidance: $1.36 to $1.45 Bln

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