Lands’ End (LE) Announces Earnings Results, Misses Expectations By $0.12 EPS

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Lands’ End (NASDAQ:LE) released its earnings results on Thursday. The company reported ($0.16) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.12), MarketWatch Earnings reports. The firm had revenue of $307.95 million during the quarter, compared to the consensus estimate of $322.20 million. Lands’ End had a return on equity of 2.11% and a net margin of 2.32%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.12) EPS.

Shares of LE stock opened at $25.05 on Thursday. The company has a quick ratio of 1.21, a current ratio of 2.79 and a debt-to-equity ratio of 1.59. Lands’ End has a fifty-two week low of $10.55 and a fifty-two week high of $31.15. The company has a market capitalization of $827.85 million, a price-to-earnings ratio of 357.86 and a beta of -0.30.

Separately, BidaskClub upgraded Lands’ End from a “hold” rating to a “buy” rating in a research report on Wednesday, June 13th. Four analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average target price of $18.00.

About Lands’ End

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates in two segments, Direct and Retail. It offers casual clothing, accessories, footwear, and home products. The company sells its products online through, and affiliated specialty and international Websites; direct mail catalogs; and retail locations primarily at Lands' End Shops at Sears, Lands' End stores, and international shop-in-shops.

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Earnings History for Lands` End (NASDAQ:LE)

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