outfitters news and archive

Lands’ End Q1 revenues decline, net loss widens

For the first quarter, Lands’ End GMV increased low single digits, while net revenue decreased 7.8 percent to 285.5 million dollars. The company said in a release that excluding the 26.9 million dollars in revenue from the conclusion of the Delta Air Lines business, net revenue increased 1 percent. Lands’ End ecommerce net revenue was 195.5...

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Lands' End reports loss, revenues decrease

Lands’ End, Inc. reported fourth quarter net revenue decreased 4.6 percent to 529.6 million dollars, For the fiscal year, net revenue decreased 5 percent to 1.56 billion dollars. Global ecommerce net revenue decreased 10.1 percent to 1.1 billion dollars for the fiscal year. Commenting on the fourth quarter and full year trading, Andrew McLean,...

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Lands’ End announces executive leadership appointments

Lands’ End, Inc. has announced executive leadership appointments and organisational changes, which will take effect at the start of Lands’ End’s next fiscal year, beginning January 28, 2023. Commenting on the development, the company’s chief executive officer-designate Andrew McLean stated in a release: “As we embark on the next phase of growth...

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Land’s End Q1 revenue decline, reports loss

For the first quarter, net revenue decreased 5.5 percent to 303.7 million dollars at Land’s End compared to the first quarter of fiscal 2021. Gross margin for the quarter decreased approximately 350 basis points to 42.5 percent compared to 46 percent in the first quarter of fiscal 2021. Net loss was 2.4 million dollars or 7 cents loss per...

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Land’s End reports 39 percent growth in FY21 adjusted EBITDA

For the fiscal year, Land’s End net revenue increased 14.7 percent to 1.64 billion dollars. The company’s global ecommerce net revenue increased 5.3 percent, driven by U.S. ecommerce increase of 6.8 percent, partially offset by a drop in international ecommerce of 0.8 percent. Outfitters net revenue for the quarter increased 45.9 percent, while...

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Lands' End Q3 revenues up 4.4 percent

Lands’ End, Inc.,for the third quarter, reported net revenue of 375.8 million dollars, an increase of 4.4 percent from 360 million dollars in the third quarter of fiscal 2020 and an increase of 10.5 percent from 340 million dollars in the third quarter of fiscal 2019. Commenting on the third quarter trading, Jerome Griffith, chief executive...

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Land’s End Q2 revenue up, Ebitda increases 17.5 million dollars

For the second quarter, Lands’ End, Inc. net revenue was 384.1 million dollars, an increase of 23.1 percent from the second quarter of fiscal 2020 and an increase of 28.8 percent from the second quarter of fiscal 2019. Commenting on the results, Jerome Griffith, the company’s chief executive officer, stated: “We are very pleased with our...

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Lands' End Q1 revenues increase by 48.1 percent, swings to profit

For the first quarter, net revenue at Lands’ End, Inc. was 321.3 million dollars, an increase of 48.1 percent from the first quarter of fiscal 2020 and an increase of 22.4 percent from the first quarter of fiscal 2019. Commenting on the first quarter trading, Jerome Griffith, the company’s chief executive officer, stated: “Our global ecommerce...

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Land’s End records improved sales and profitability

For the third quarter, net revenue at Land’s End Inc. increased 5.9 percent to 360 million dollars, global ecommerce net revenue increased 19.6 percent, driven by US ecommerce increasing 13.9 percent and International ecommerce grew 50.7 percent as compared to the prior period. The company said, Outfitters net revenue declined 25.6 percent as...