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Lands' End's results were mixed, with revenues declining but gross margins improving due to a shift to high-margin licensing revenue and reduced promotions. The company is exploring strategic alternatives, including a potential sale, adding uncertainty and potential volatility to the stock. Despite a more reasonable valuation, the stock remains high compared to peers, prompting a Hold rating but increased interest at current prices.
Lands' End, Inc. (NASDAQ:LE ) Q4 2024 Earnings Conference Call March 20, 2025 8:30 AM ET Company Participants Tom Altholz - Senior Director of Financial Planning and Analysis Andrew McLean - Chief Executive Officer Bernard McCracken - Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Group Marni Shapiro - The Retail Tracker Eric Beder - SCC Research Alex Fuhrman - Craig-Hallum Capital Group Operator Good day, everyone, and welcome to today's Lands' End 4Q Fiscal Year 2024 End Earnings Call. At this time, all participants are in a listen-only mode.
Fourth quarter Gross margin increased approximately 760 basis points compared to fiscal 2023 All fourth quarter profitability measures improved when compared to fiscal 2023 Reduced inventory for the eighth consecutive quarter
DODGEVILLE, Wis., March 07, 2025 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE), today announced that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value.
DODGEVILLE, Wis., March 06, 2025 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Thursday, March 20, 2025, to discuss its fourth quarter and fiscal 2024 financial results. A news release containing these results will be issued before the call. Listeners may access a live broadcast of the conference call on the Company's investor relations website: http://investors.landsend.com/ in the Events and Presentations section.
DODGEVILLE, Wis., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE), today confirmed that it has received a letter from Edward S. Lampert requesting that the Company initiate a strategic sale process to maximize shareholder value.
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DODGEVILLE, Wis., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced that the Company will be participating in the 27th Annual ICR Conference, held at the Grande Lakes Orlando in Orlando, FL, on Tuesday, January 14, 2025 with a fireside chat presentation at 1:30 PM Eastern Time. Andrew McLean, Chief Executive Officer, and Bernie McCracken, Chief Financial Officer, will participate in the fireside chat.
Genesco, Lands' End and Mercury General are exhibiting strong earnings acceleration.
Lands' End, Inc. LE is in the middle of a big turnaround. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by 346.7% in fiscal 2024.