{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-045602","form_type":"8-K","ticker":"LE","cik":"0000799288","company_name":"LANDS' END, INC.","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.678230+00:00","generated_at":"2026-06-11T01:40:20.962235+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lands' End Q2 net loss widens to $8M; gross margin +220bps, inventory -30% YoY","bullets":["Net revenue of $323.3M, down 7.9% YoY; net loss of $8.0M ($0.25 loss per diluted share) vs. $2.2M loss a year ago.","Gross margin improved 220 bps to 43.2% on strong swim and adjacent categories, reduced markdowns, and better supply chain costs.","Inventories down 30.4% to $396.1M; operating cash flow improved $172M to positive $54.8M vs. ($117.5M) prior year.","Q3 guidance: revenue $340-355M, net loss $6.5-4.0M, adjusted EBITDA $13-16M. FY2023 revenue $1.50-1.55B, adjusted EBITDA $77-84M.","Repurchased $3.0M of stock; $34.8M remaining under buyback program through Feb 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-045602","json":"https://secwatch.observer/filing/0000950170-23-045602.json","markdown":"https://secwatch.observer/filing/0000950170-23-045602.md","text":"https://secwatch.observer/filing/0000950170-23-045602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799288/000095017023045602/0000950170-23-045602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799288/000095017023045602/le-20230831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:40:20.962235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3089e2bd1c4c7c29777ef8240c11483b262e5bee","claim":"LANDS' END, INC. reported second quarter ended July 28, 2023 results: revenue $323.3 million, net income Net loss of $8.0 million, or $0.25 loss per diluted share, EPS $0.25 loss per diluted share.","evidence_excerpt":"prioritizing profitable demand and creating long-term shareholder value.” Second Quarter Financial Highlights • For the second quarter, net revenue decreased 7.9% to $323.3 million compared to $351.2 million in the second quarter of fiscal 2022. • Global eCommerce net revenue was $218.7 million, a decrease of 8.7% from $239.7 million in the second quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799288/000095017023045602/0000950170-23-045602-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 28, 2023"},{"label":"Revenue","value":"$323.3 million"},{"label":"Net income","value":"Net loss of $8.0 million, or $0.25 loss per diluted share"},{"label":"EPS","value":"$0.25 loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}