|Bid||0.00 x 900|
|Ask||0.00 x 1800|
|Day's Range||8.48 - 8.93|
|52 Week Range||4.05 - 18.39|
|Beta (5Y Monthly)||2.00|
|PE Ratio (TTM)||51.62|
|Earnings Date||Jul 22, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.00|
Lands' End (NASDAQ: LE), a leading uni-channel retailer known for high-quality apparel for the whole family and the home, announced its Fourth Annual National Backpack Day on Tuesday, July 21. Featuring 60 percent off all backpack and lunchbox styles, Lands' End is helping parents and students adapt to the season with versatile options for any activity. Use promo code: BACKPACKDAY to take advantage of this offer.
Moody's Investors Service (Moody's) downgraded Lands' End, Inc.'s (Lands' End) probability of default rating (PDR) to Caa1-PD from B3-PD. Concurrently, Moody's confirmed the company's B3 corporate family rating (CFR) and B3 senior secured term loan rating.
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Today we'll look at Lands' End, Inc. (NASDAQ:LE) and reflect on its potential as an investment. In particular, we'll...
DODGEVILLE, Wis., June 04, 2020 -- Lands’ End, Inc. (NASDAQ: LE) today announced that the Company will be participating in the Cowen 2020 Virtual New Retail Ecosystem CEO.
The number of Americans with confirmed case of the coronavirus that causes COVID-19 climbed above 1.8 million on Tuesday, amid concerns that protests about the death of George Floyd last week, and people gathering in groups as lockdowns are lifted, will spark a fresh wave of infections.
Ladies and gentlemen, thank you for standing by, and welcome to the Lands' End First Quarter 2020 Earnings Call. Good morning, and thank you for joining the Lands' End earnings call for a discussion of our preliminary first quarter fiscal 2020 results, which we released this morning and can be found on our website, landsend.com. On the call today, you will hear from Jerome Griffith, our Chief Executive Officer and President, and Jim Gooch, our Chief Operating Officer and Chief Financial Officer.
Casual-prep retailer and uniform maker Lands' End sports a wider-than-expected loss as Covid-19 pushes consumers and businesses away from clothing and uniforms.
Shares of Lands' End Inc. were indicated up slightly in premarket trading Tuesday, after the casual apparel retailer reported fiscal first-quarter results that missed expectations but provided and upbeat sales outlook. The net loss for the quarter to May 1 widened to $20.6 million, or 64 cents a share, from $6.8 million, or 21 cents a share, in the year-ago period. Revenue fell 17.3% to $217.0 million, due to decreased demand as a result of the COVID-19 pandemic. The average estimate of two analysts surveyed by FactSet was for losses per share of 56 cents and revenue of $218.0 million. The company said e-commerce revenue fell 16.5%. The company said revenue was up 11.1% in February, with same-store sales up 14.2%, before stores closed in mid-March. The company said it expects second-quarter revenue to be down in the mid-to-high single digits percentage range, while the current average analyst estimate of $267 million implies a 10.4% decline. Lands' End expects its retail stores to reopen by the end of June, and expects retail sales to "ramp up" in the second half of the year. The stock has tumbled 57.0% year to date through Monday, while the S&P 500 has slipped 5.4%.
Shares of Lands' End (NASDAQ:LE) rose 0.5% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 204.76% over the past year to ($0.64), which missed the estimate of ($0.56).Revenue of $217,008,000 decreased by 17.31% from the same period last year, which missed the estimate of $217,960,000.Outlook Lands' End said it expects Q1 net revenue to decline in mid-to-high single digits .How To Listen To The Conference Call Date: Jun 02, 2020Time: 08:30 AMView more earnings on LEET Webcast URL: https://edge.media-server.com/mmc/p/6uvpgnviRecent Stock Performance 52-week high: $18.3952-week low: $4.05Price action over last quarter: Up 19.97%Company Description Lands' End Inc is a United States-based multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company operates through three segments: eCommerce segment which generates maximum revenue to the company; Outfitters and Retail segment. The company offers merchandise through multiple channels, such as catalogs, online platforms, and retail locations, which includes Lands' End shops at Sears, standalone Lands' End Inlet stores and international shop-in-shops located in department stores. The company has a business presence in the United States, Europe, Asia and other areas.See more from Benzinga * 17 Consumer Cyclical Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Strong revenue and profit trends disrupted by mid-quarter effects of COVID-19Global eCommerce revenue grew double digits in May compared to the same period last yearProvided.
DODGEVILLE, Wis., May 26, 2020 -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Tuesday, June 2, 2020, to discuss its first quarter.
ohl’s Corp. plans to eliminate eight “down-trending” women’s brands, in favor of growing the active category.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Lands' End, Inc. New York, May 18, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Lands' End, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Lands' End (NASDAQ: LE), a leading uni-channel retailer known for high-quality apparel for the whole family, has announced May 19, 2020 as International Swimsuit Day. A tradition created to celebrate the beginning of summer and discovering the best swimsuits and beach-related items for the entire family, International Swimsuit Day is filled with swimwear offers and expert advice from Lands' End.
Lands' End (NASDAQ: LE), the iconic American heritage brand, has partnered with the youthful neo-prep brand Rowing Blazers to debut a new capsule of colorful classics launching April 9th. Bringing together Lands' End's timeless American aesthetic with Rowing Blazers' irreverent take on the classics, the latest additions to the Lands' End x Rowing Blazers collection include a water-resistant split-color Windbreaker and a Rowing Blazers-exclusive Striped Signature Rugby Shirt.
Lands’ End continues to offer its merchandise online, and employees at its Wisconsin-based distribution centers are receiving a temporary increase in wages
In addition, the Company’s 26 U.S. stores, which closed on March 16, will remain closed until further notice, and in line with local guidance in the markets Lands’ End serves. The Company’s website, www.landsend.com remains open 24/7 and the customer service team will be available via phone or text at 800.963.4816 or via email at firstname.lastname@example.org to provide service and to answer any questions customers may have. In addition, the Company’s Wisconsin-based distribution centers remain operational, and employees in this area are receiving a temporary increase in pay for all hours worked.
NOTE: On April 01, 2020, the press release was corrected as follows: The following was added as the seventh paragraph of the RATINGS RATIONALE section: The principal methodology used in these ratings was Retail Industry published in May 2018 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1120379. New York, March 27, 2020 -- Moody's Investors Service (Moody's) placed Lands' End, Inc.'s (Lands' End) ratings on review for downgrade, including the B3 corporate family rating (CFR), B3-PD probability of default rating (PDR) and B3 senior secured term loan rating.
The parent business of Duluth Trading Co. has scaled back its plans to open new stores because of the COVID-19 pandemic. While discussing the Mount Horeb-based retailer’s financial outcomes for fiscal year 2019, executives said the company has cut in half its plan for new stores this year. Duluth Holdings Inc. (Nasdaq: DLTH) had targeted 10 new stores this year but will instead open five.
In addition, some corporate office associates whose work has been reduced by the store closures also face a furlough.
As part of its response to a business slowdown caused by the outbreak of COVID-19, Lands' End Inc.'s president and CEO Jerome Griffith will take a voluntary 50% cut in base salary while other members of the direct merchant's C-suite will take a 20% reduction in base salary.