Edition:
India

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.