Lands' End (LE) Releases Earnings Results, Misses Expectations By $-0.08 EPS

Lands' End (LE) announced its most recent quarterly financial results on Thursday, Dec-1-2016. LE reported $-0.14 earnings per share for the quarter, missing the analyst consensus estimate by $-0.08. Analysts had a consensus of $-0.06. The company posted revenue of $311.50 million in the period, compared to analysts expectations of $303.61 million. During the same quarter in the previous year, the company posted $0.33 EPS.

Many Wall Street Analysts have commented on Lands' End. Lands' End was Downgraded by CL King to ” Neutral” on Sep 26, 2016.

Lands' End closed down -0.85 points or -4.56% at $17.8 with 1,57,571 shares getting traded on Tuesday. Post opening the session at $18.6, the shares hit an intraday low of $17.6 and an intraday high of $18.795 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Oct 11, 2016, Elizabeth Leykum (director) purchased 5,000 shares at $14.99 per share price. According to the SEC, on Oct 6, 2016, Jonah Staw (director) purchased 1,000 shares at $15.20 per share price. On Oct 3, 2016, John Mcclain (director) purchased 1,500 shares at $14.43 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 www.landsend.com; 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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