Lands’ End Announces Fourth Quarter and Full Year Fiscal 2024 Results Fourth quarter Gross margin increased approximately 760 basis points compared to fiscal 2023All fourth quarter profitability measures improved when compared to fiscal 2023Reduced inventory for the eighth consecutive quarter DODGEVILLE, Wis., March 20, 2025 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) (“Lands’ End” or the “Company”) today announced financial results for the fourth quarter and full year of fiscal 2024 ended January 31, 2025. Andrew McLean, Chief Executive Officer, stated, “Lands’ End had a strong f...
Lands’ End Board of Directors Initiates Process to Maximize Shareholder Value 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. “Lands’ End is a classic American lifestyle brand – and the Company’s strategy and execution have delivered significant operational and financial improvements,” said Josephine Linden, Chair of the Board. “While we remain confi...
Lands' End Announces Fourth Quarter and Fiscal 2024 Earnings Conference Call 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: in the Events and Presentations section. An online archive of the broadcast will be available at approximat...
Lands’ End Confirms Receipt of Letter from Edward S. Lampert 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. Josephine Linden, Chair of the Board, stated, “The Lands’ End Board of Directors welcomes shareholder viewpoints on how best to maximize the value of their investment. The Board is reviewing the letter and its suggestions and is committed to pursuing a path that it believes is in the b...
Lands' End Announces Participation in the 27th Annual ICR Conference 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. The audio portion of the fireside chat presentation will be webcast live over the internet...
Lands’ End Announces Third Quarter 2024 Results Gross margin increased approximately 360 basis points compared to the third quarter last yearAll profitability measures improved when compared to third quarter last yearReduced inventory for the seventh consecutive quarter DODGEVILLE, Wis., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the third quarter ended November 1, 2024. Andrew McLean, Chief Executive Officer, stated, “Throughout the third quarter, we sustained momentum from our deliberate efforts to drive higher quality sal...
Lands' End Announces Third Quarter 2024 Earnings Conference Call DODGEVILLE, Wis., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Thursday, December 5, 2024, to discuss its third quarter 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: in the Events and Presentations section. An online archive of the broadcast will be available at approximately noon on December 5,...
Lands’ End Announces Second Quarter 2024 Results Gross Margin increased approximately 470 basis points compared to the Second Quarter last yearImproved across all profitability measures compared to Second Quarter last yearAchieved the sixth consecutive quarter improvement in inventoryRaises full year profit guidance DODGEVILLE, Wis., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the second quarter ended August 2, 2024. Andrew McLean, Chief Executive Officer, stated, “Our robust second quarter results continue to pr...
Lands' End Announces Second Quarter 2024 Earnings Conference Call DODGEVILLE, Wis., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Thursday, September 5, 2024, to discuss its second quarter 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: in the Events and Presentations section. An online archive of the broadcast will be available at approximately noon on Septembe...
Lands’ End Announces First Quarter 2024 Results DODGEVILLE, Wis, June 05, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the first quarter ended May 3, 2024. Andrew McLean, Chief Executive Officer, stated, “Our performance in the first quarter continued the considerable momentum we generated in 2023 and resulted in an increase in our Gross Merchandise Value, an increase in gross profit dollars and significant gross margin expansion. Our value creation strategy, centered around Lands’ End being the innovative, asset-light solutio...
Lands’ End Rings Nasdaq Opening Bell to Celebrate 10th Anniversary of its Listing on the Exchange DODGEVILLE, Wis., May 30, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE), the classic American lifestyle brand, today rang the Nasdaq Stock Market Opening Bell to celebrate the 10th anniversary of the Company’s listing on the exchange. Representing the Lands’ End team around the world, Chief Executive Officer Andrew McLean was joined by members of the Company’s leadership team and Board of Directors to commemorate the occasion at the Nasdaq MarketSite in New York City’s Times Square. ...
Lands' End Announces First Quarter 2024 Earnings Conference Call DODGEVILLE, Wis., May 22, 2024 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Wednesday, June 5, 2024, to discuss its first quarter 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: in the Events and Presentations section. An online archive of the broadcast will be available at approximately noon on June 5, 2024, a...
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Lands’ End Launches New Sculpting Swimwear with WaveShaper™ Technology This new offering aligns with the brand's 30-year tradition of swim innovation DODGEVILLE, Wis., April 10, 2024 (GLOBE NEWSWIRE) -- Lands’ End, the classic American lifestyle brand, today announced the launch of its new patent-pending WaveShaper™ technology that will be incorporated into a new line called Sculpting Suits. This technology, built right into the fabric of the suit, is designed with varying levels of targeted zoned compression that seamlessly sculpts the body into an hourglass effect. The launch continue...
Lands’ End Announces Fourth Quarter and Full Year Fiscal 2023 Results Increases Gross Profit by 13.5% and Gross Margin by 550 basis points compared to the Fourth Quarter Fiscal 2022Provides Fiscal 2024 Outlook DODGEVILLE, Wis., March 27, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the fourth quarter and full year of the fiscal year ended February 2, 2024. The Company also provided the first quarter and full year fiscal 2024 outlook. Andrew McLean, Chief Executive Officer, stated, “I am proud of the Lands’ End team’s focus and execution th...
Lands' End Announces $25 Million Share Repurchase Authorization DODGEVILLE, Wis., March 15, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) announced today that its Board of Directors has authorized the repurchase of up to $25 million of the Company’s common stock through March 31, 2026. The Company’s prior share repurchase authorization pursuant to which 2.3 million shares were repurchased for an aggregate $20.3 million beginning in June 2022, expired on February 2, 2024. Under the program, the Company may purchase its shares from time to time in the open market, in privately neg...
Lands' End Announces Fourth Quarter and Fiscal 2023 Earnings Conference Call DODGEVILLE, Wis., March 13, 2024 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Wednesday, March 27, 2024, to discuss its fourth quarter and fiscal 2023 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: in the Events and Presentations section. An online archive of the broadcast will be available at approxima...
Lands’ End Launches Exclusive Women’s Swimwear Collection at Target The swim line was designed exclusively for Target DODGEVILLE, Wis., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Lands’ End, the classic American lifestyle brand today announced an exclusive women’s swim collection of nearly 70 pieces, including tops, bottoms, skirts, cover-ups, and bags. Ranging in price from $36-$70, the collection incorporates new Lands’ End fabrics, prints, patterns, and colors all with the brand’s trusted quality. As two leading retailers, Lands’ End and Target teamed up to offer a swim assortment that delive...
Lands' End Announces Participation in the 26th Annual ICR Conference DODGEVILLE, Wis., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced that the Company will be participating in the 26th Annual ICR Conference, held at the Grande Lakes Orlando in Orlando, Florida, on Monday, January 8, 2024 with a fireside chat presentation at 3:00 PM Eastern Time. Andrew McLean, Chief Executive Officer, and Bernie McCracken, Chief Financial Officer, will participate in the fireside chat. The audio portion of the fireside chat presentation will be webcast live over the inter...
Lands’ End Announces New Term Loan Company Refinances Existing Term Loan New Loan Maturity In 2028 DODGEVILLE, Wis., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced that it has entered into a new term loan of $260 million. The loan proceeds were used to refinance the Company’s existing term loan well ahead of its maturity in September 2025. The loan is secured by a first lien on all non-ABL assets and a second lien on all ABL assets. Interest is payable monthly at an initial rate of 8.25% per annum plus the greater of SOFR or 2.0%. The initial rate is sub...
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