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Lands End Inc (LE.OQ)

LE.OQ on NASDAQ Stock Exchange Capital Market

18.10USD
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Lands End Q3 net revenue rises 4.5 pct to $325.5 mln
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Lands End Inc ::LANDS END INC QTRLY NET REVENUE INCREASED 4.5% TO $325.5 MILLION.LANDS END INC - QTRLY EARNINGS PER SHARE $0.01.LANDS END INC - SAME STORE SALES FOR QUARTER DECREASED 1.3%.LANDS END INC- INVENTORY WAS $423.5 MILLION AS OF OCT 27, 2017, VERSUS $425.3 MILLION AS OF OCT 28, 2016.  Full Article

Lands' End sees preliminary Q4 loss per share between $2.90-$3.08
Thursday, 9 Feb 2017 

Lands End Inc : Lands' End provides preliminary financial results for the fourth quarter of fiscal 2016 . Sees Q4 2016 loss per share $2.90 to $3.08 including items . Sees Q4 2016 revenue down about 3 percent . Lands End Inc says gross margin is expected to be approximately 38.5 pct in q4 of fiscal 2016 . Lands End Inc - expects to write down approximately $2.3 million of aged canvas by Lands' End inventory in Q4 of fiscal 2016 . Lands End Inc - inventory is expected to be approximately $325 million on January 27, 2017, as compared to $329 million on January 29, 2016 . Gross margin is expected to be approximately 38.5 pct in Q4 of fiscal 2016 . Lands End Inc - evaluating results of its annual impairment testing of goodwill and indefinite-lived intangible assets . In Q4 of 2015 company recorded an impairment of its lands' end trade name of $98.3 million . Company has determined that an impairment of Lands' End trade name is required . Lands End Inc - has determined that an impairment of Lands' End trade name is required . Lands End Inc - estimated impairment of $170 million to $180 million will reduce value of asset to between $250 million and $260 million, from $430 million . Lands End Inc says in Q4 of 2015 company recorded an impairment of its Lands' End trade name of $98.3 million . Lands End Inc - non-cash accounting charge will not impact company's liquidity, cash flows, compliance with debt covenants or any future operations.  Full Article

Lands' End says Federica Marchionni steps down from co's board
Monday, 26 Sep 2016 

Lands End Inc : Federica Marchionni steps down from Lands' End and its board of directors .Joseph Boitano and James Gooch appointed co-interim chief executive officers.  Full Article

Lands' End posts Q2 loss per share $0.06
Thursday, 1 Sep 2016 

Lands End Inc : Lands' end announces second quarter fiscal 2016 results . Q2 loss per share $0.06 . Q2 revenue $292 million versus $312.4 million . Lands End Inc says inventory decreased 3.6 pct to $354.7 million on July 29, 2016, from $367.8 million on July 31, 2015 .2.5 pct decrease in same store sales in quarter.  Full Article

Lands' End Q1 loss per share $0.18
Wednesday, 1 Jun 2016 

Lands End Inc : Lands' End announces first quarter fiscal 2016 results . Q1 revenue $273.4 million versus $299.4 million . Inventory increased 8.9% to $309.9 million on April 29, 2016, from $284.6 million on May 1, 2015. . Lands End Inc qtrly retail segment net revenue decreased 10.4% to $41.2 million primarily driven by a 7.1% decrease in same store sales . Results in Q1 were impacted by overall weakness in retail environment, including aggressive discounting and promotional activity .Q1 loss per share $0.18.  Full Article

BRIEF-Lands End Q3 net revenue rises 4.5 pct to $325.5 mln

* LANDS END INC QTRLY NET REVENUE INCREASED 4.5% TO $325.5 MILLION