Lands’ End (NASDAQ:LE) Issues Quarterly Earnings Results

Posted by Stanley Muller on Jun 11th, 2026

Lands’ End (NASDAQ:LE – Get Free Report) posted its earnings results on Tuesday. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.10, FiscalAI reports. Lands’ End had a net margin of 26.24% and a return on equity of 10.58%. The firm had revenue of $238.92 million during the quarter, compared to the consensus estimate of $268.68 million. During the same period last year, the firm posted ($0.27) EPS. Lands’ End updated its FY 2026 guidance to 0.320-0.650 EPS and its Q2 2026 guidance to 0.060-0.160 EPS.

Here are the key takeaways from Lands’ End’s conference call:

Underlying demand improved despite a reported revenue decline, with management citing double-digit traffic growth, better new-customer acquisition, and a strong order book for Outfitters. The company said the Q1 sales shortfall was largely due to temporary distribution center disruptions, not weaker demand.
The WHP Global joint venture closed April 1, and Lands’ End used the proceeds to fully repay its term loan, materially reducing leverage and interest expense. Management framed the transaction as a major inflection point that also gives the company a new high-margin royalty stream and a share repurchase authorization of up to $100 million.
Q1 results were pressured by operational and structural factors, including warehouse management system upgrades, tariff headwinds, and the new royalty/license accounting from the JV. Revenue fell 9% to $239 million, adjusted EBITDA was negative $6 million, and adjusted EPS declined, though management emphasized these effects were largely timing- and structure-related.
Europe and key product franchises showed strength, with Europe delivering 15% revenue growth and improved profitability, while U.S. categories like swim, women’s apparel, and totes performed well. Management highlighted stronger full-price selling, lower returns from product/fit improvements, and growing traction with personalization and embroidery.
Management guided to a better year ahead, calling for fiscal 2026 revenue of $1.3 billion-$1.4 billion and adjusted EBITDA of $68 million-$78 million, with positive revenue growth expected and Q2 comps already trending positive. The company also outlined three-year targets for mid-single-digit annual revenue growth and high-single-digit adjusted EBITDA margins, supported by DTC, Outfitters, and JV profits.

Lands’ End Price Performance

Lands’ End stock opened at $12.35 on Thursday. Lands’ End has a 12-month low of $8.50 and a 12-month high of $20.04. The stock has a market capitalization of $379.77 million, a P/E ratio of 1.12 and a beta of 2.36. The firm’s 50-day moving average is $11.43 and its two-hundred day moving average is $14.20. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.61 and a quick ratio of 0.41.

Institutional Investors Weigh In On Lands’ End

Several hedge funds have recently modified their holdings of the stock. Invesco Ltd. boosted its position in shares of Lands’ End by 4.9% in the fourth quarter. Invesco Ltd. now owns 46,254 shares of the company’s stock worth $672,000 after acquiring an additional 2,151 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Lands’ End by 30.9% in the fourth quarter. Empowered Funds LLC now owns 114,370 shares of the company’s stock worth $1,661,000 after acquiring an additional 26,992 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Lands’ End in the fourth quarter worth approximately $178,000. Tudor Investment Corp ET AL acquired a new stake in shares of Lands’ End in the fourth quarter worth approximately $434,000. Finally, Bridgeway Capital Management LLC boosted its position in shares of Lands’ End by 20.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 151,433 shares of the company’s stock worth $2,199,000 after acquiring an additional 25,516 shares during the last quarter. 37.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Lands’ End from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Lands’ End presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on LE

Lands’ End announced that its board has initiated a stock buyback program on Wednesday, April 1st that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 28.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Lands’ End Company Profile

(Get Free Report)

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.