---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-103728"
form_type: "8-K"
ticker: "LE"
cik: "0000799288"
company_name: "LANDS' END, INC."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:21:16.061611+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lands' End Q2 net loss narrows to $5.3M; gross margin up 470bps to 47.9%; raises FY profit guidance

## Summary
- Net revenue $317.2M, down from $323.3M; GMV up mid-single digits; gross profit up 8.8% to $151.9M.
- Gross margin expanded ~470bps to 47.9% on lower promotions and improved supply chain; inventory down 21% YoY (6th consecutive quarter improvement).
- Adjusted EBITDA $17.1M vs $15.8M; net loss $5.3M ($0.17 loss per share) vs $8.0M loss.
- Raised FY2024 adjusted EBITDA guidance to $90M-$98M; Q3 guidance: revenue $300-340M, adj EBITDA $19-23M.
- Repurchased $3.7M common stock under $24M program; $20.3M remaining.

## SEC filing metadata
- accession: 0000950170-24-103728
- form_type: 8-K
- ticker: LE
- cik: 0000799288
- company_name: LANDS' END, INC.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799288/000095017024103728/0000950170-24-103728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799288/000095017024103728/le-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-103728
- JSON: https://secwatch.observer/filing/0000950170-24-103728.json
- Plain text: https://secwatch.observer/filing/0000950170-24-103728.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.