Lands' End Q3: gross margin up 360bps to 50.6%, adj EBITDA $20.3M, guides Q4 rev $440-480M

LANDS' END, INC.

2024-Q3 EPS reported -$0.39 revenue$772,589,000

Net revenue $318.6M (-1.9% YoY); gross profit $161.1M (+5.6%) on lower promotions and supply chain savings.
Net loss $0.6M ($0.02/share) vs prior-year net loss of $112.4M (incl. $106.7M goodwill impairment).
Adjusted EBITDA $20.3M vs $17.3M YoY; adjusted EPS $0.06 vs -$0.11 YoY.
Inventory down 20% YoY to $335.9M; new customer acquisition up >20% in Q3.
Q4 guidance: rev $440-480M, adj EBITDA $43-47M; FY2024 rev $1.36-1.40B, adj EBITDA $92-96M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.