Lands' End beats by $0.03, misses on revs:
- Reports Q3 (Oct) earnings of $0.33 per share, $0.03 better than the single analyst estimate of $0.30; revenues fell 10.4% year/year to $334.43 mln vs the $344.1 mln single analyst estimate.
- "Same store sales decreased 8.9%, due to the same factors that impacted our direct segment in addition to declining traffic in the Company's Lands' End Shops at Sears. On October 30, 2015, the Company operated 227 Lands' End Shops at Sears, 14 global Lands' End Inlet stores and five international shop-in-shops compared to 242 Lands' End Shops at Sears, 14 global Lands' End Inlet stores, and five international shop-in-shops on October 31, 2014"
- Cash and cash equivalents were $105.0 million on October 30, 2015 compared to $105.6 million on October 31, 2014.
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