Lands' End (LE) Releases Earnings Results, Misses Expectations By $-0.15 EPS

Lands' End (LE) reported quarterly earnings results on Wednesday, Jun-1-2016. The company reported $-0.18 earnings per share for the quarter, missing the analyst consensus estimate by $-0.15. Analysts had a consensus of $-0.03. The company posted revenue of $273.40 million in the period, compared to analysts expectations of $293.24 million. The company’s revenue was down -8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS.

Lands' End closed down -0.54 points or -3.01% at $17.43 with 2,99,206 shares getting traded on Friday. Post opening the session at $17.83, the shares hit an intraday low of $17.05 and an intraday high of $18.12 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 6, 2016, John Mcclain (director) purchased 250 shares at $23.92 per share price. According to the SEC, on Jul 2, 2015, Jignesh Patel (director) purchased 2,500 shares at $24.03 per share price. On Jun 22, 2015, Federica Marchionni (CEO) purchased 10,000 shares at $24.19 per share price, according to the Form-4 filing with the securities and exchange commission.

Lands’ End Inc. (Lands’ End) is a multi-channel retailer of casual clothing accessories and footwear as well as home products. The Company operates through two business segments: Direct and Retail. The Direct segment sells products through the Company’s e-commerce Websites such as; international Websites and direct mail catalogs. The Retail segment sells products and services through Lands’ End Shops at Sears across the United States the Company’s standalone Lands’ End Inlet stores and international shop-in-shops. The Company’s product categories include Apparel and Non-apparel. The Non-apparel category offers accessories footwear and home goods. The Company also offers embroidery monogramming gift wrapping shipping and other services.

Lands' End

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