earnings
confidence high
sentiment positive
materiality 0.80
Lands' End Q4 net income $18.5M vs loss year ago; FY2024 returns to profitability
LANDS' END, INC.
2024-FY EPS reported
$0.20
revenue$1,154,442,000
- Q4 net revenue $441.7M, down 14.2% YoY; gross margin +760bps to 45.6%.
- Q4 diluted EPS $0.59; adjusted EPS $0.57 vs $0.25 a year ago.
- FY2024 net income $6.2M ($0.20 EPS) vs loss of $130.7M in FY2023.
- Inventory reduced 12% YoY to $265.1M; eighth consecutive quarter of improvement.
- FY2025 guidance: revenue $1.33-1.45B, adjusted EBITDA $95-107M; Q1 rev $260-290M.