=Lands' End (LE) reported earnings on Thur 6 Sept 2018 (b/o)

Lands' End misses by $0.12, misses on revs 

• Reports Q2 (Jul) loss of $0.16 per share, $0.12 worse than the two analyst estimate of ($0.04); revenues rose 1.9% year/year to $307.95 mln vs the $322.2 mln two analyst estimate.
• Direct segment net revenue increased 6.4% to $276.6 million, as compared to the same period last year. Retail segment net revenue decreased 25.8% to $31.3 million, primarily attributable to the reduction of 57 of our Lands' End Shops at Sears locations combined with a same store sales decline of 5.8%. Same store sales in Lands' End Shops at Sears locations declined 6.7% for the quarter while same store sales in our Company operated stores declined 0.6%.

Earnings this week : Sept 3 - 7, 18 (wk 36)

Earnings expected this  week

Markets are closed on Monday, September 3 for Labor Day

Tuesday (Sept 4)

• Morning: CONN
• Afternoon: CAL COUP HQY RH SMAR WDAY

Wednesday (Sept 5)

• Morning: DLTH HDS SCWX VRA
• Afternoon: AVAV CLDR CTRP CWK DOCU DSGX GWRE MDB OLLI REVG TENB VRNT ZS 

Thursday (Sept 6)

• Morning: BKS DCI DVMT   GIII JW.A LE MBUU NAV SECO
• Afternoon: ABM AVGO DOMO EGAN FIVE FNSR GME KFY MCFT MRVL NX OKTA PANW PSDO ZUMZ

Friday (Sept 7)

• Morning: GCO

-=Lands' End (LE) reported earnings on Tue 12 June 18 (b/o)

Lands' End beats by $0.09, beats on revs 

• Reports Q1 (Apr) loss of $0.08 per share, $0.09 better than the two analyst estimate of ($0.17); revenues rose 11.7% year/year to $299.83 mln vs the $285 mln two analyst estimate.
• Same store sales declined 18.9%, as compared to the same period last year. Same store sales in Lands' End Shops at Sears locations declined 20.4% for the quarter while same store sales in Company operated stores declined 9.9%.
• Adjusted EBITDA was $9.0 million compared to $1.3 million in the first quarter of fiscal 2017.

-=Lands' End (LE) reported earnings on Thur 22 March 18 (b/o)

Lands' End misses by $0.12, beats on revs; Q4 comps +5% 

• Reports Q4 (Jan) earnings of $0.38 per share, excluding non-recurring items, $0.12 worse than the two analyst estimate of $0.50; revenues rose 11.3% year/year to $510.6 mln vs the $470.63 mln two analyst estimate.
• Same store sales on a comparable 13-week basis increased 5.0%.
• Gross margin was 38.9% as compared to 38.6% in the fourth quarter last year.
• The Company recorded a tax benefit during the quarter of $21.9 million primarily due to the U.S. Tax Cuts and Jobs Act.

=Lands' End (LE) reported earnings on Thur 31 August 2017 (b/o)

DODGEVILLE, Wis. (AP) _ Lands' End Inc. (LE) on Thursday reported a loss of $3.9 million in its fiscal second quarter.

On a per-share basis, the Dodgeville, Wisconsin-based company said it had a loss of 12 cents.

The clothing maker posted revenue of $302.2 million in the period.

Lands' End shares have decreased roughly 9 percent since the beginning of the year. The stock has fallen 24 percent in the last 12 months.

LE — is it a buy?

• 12/8/16:  Is LE a buy?

• One week later:

• 2 weeks later:

Lands' End CEO Federica Marchionni resigns

Federica Marchionni and Lands' End are parting ways after fewer than two years. The Manhattan fashionista and the Wisconsin khaki merchant seemed like an awkward match from the start. Stilettos and fleece don't really go together. But what truly signaled a doomed pairing was Marchionni's refusal to move to Lands' End headquarters in Dodgeville, Wisconsin, a bucolic burg about 50 miles southwest of Madison.

She has been CEO since Feb. 2015. She joined from Dolce & Gabbana USA Inc. where she was president.

Ms. Marchionni is the second CEO to leave the company since Lands’ End was spun off in 2014 from Sears Holdings Corp., which acquired the business in 2002.

• 2 days later

Lands’ End (LE) reported earnings Wed 1 June 2016 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Lands’ End reported a loss of $5.76 million, or 18 cents a share, down from a year-earlier profit of $1.72 million, or 5 cents a share.

Revenue declined 8.7% to $273.4 million. Analysts surveyed by Thomson Reuters projected 2 cents in adjusted earnings per share and $293.2 million in revenue.

Part of the decline was due to the shutting of some shops at Sears’ locations

Wisconsin-based Lands’ End, which spun off from Sears Holdings Corp. in 2014 and runs many of its shops inside Sears stores, is the latest in a big batch of disappointing first-quarter retail results. Stores across the spectrum have been hurt by dwindling foot traffic as shoppers increasingly turn to online retailer Amazon.com, fast-fashion chains and discounters.

Long trade : LE +10% (4/16)

Lands' End (LE) reported earnings Thur 3 Dec 2015 (before open)

** charts before earnings **

** charts after earnings **

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.

Great trade : Lands' End (LE) (9/15)