Lands’ End Q1 FY26 swings to profit of $330.69 million; revenue drops 8.5% to $238.92 million
PUBT · 2h ago
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- Lands’ End posted fiscal Q1 net income of USD 330.69 million, swinging from a loss, as earnings per diluted share rose to USD 10.56.
- Net revenue fell 8.5% to USD 238.92 million, pressured by a temporary disruption tied to U.S. distribution center upgrades.
- Gross margin narrowed 4.1 percentage points to 46.7%, due to disruption-related deleverage, a new JV royalty structure, and tariff headwinds.
- Adjusted EBITDA swung to a loss of USD 6.25 million from a profit.
- For fiscal Q2, net revenue is seen at USD 290 million-USD 310 million, with adjusted EBITDA of USD 11 million-USD 14 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lands’ End Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606090645PRIMZONEFULLFEED9733758) on June 09, 2026, and is solely responsible for the information contained therein.
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