earnings
confidence high
sentiment positive
materiality 0.70
Lands' End Q2 revenue $351.2M (-8.6% YoY), net loss $0.07/sh; Q3 guidance $375-390M revenue
LANDS' END, INC.
2022-Q2 EPS reported
-$0.14
revenue$654,843,000
- Net loss $2.2M (-$0.07 diluted EPS) vs net income $16.2M ($0.48) in Q2 FY2021.
- Gross margin fell 530bps to 41.0% due to $11.7M incremental transportation costs and higher promo activity.
- Outfitters +7.7%, Third Party +42.9% (Kohl's marketplace); Global eCommerce -16.0%.
- Q3 FY2022 guidance: revenue $375-390M, adjusted EBITDA $20-24M, EPS $0.03-$0.12.
- Full year FY2022 guidance: revenue $1.60-1.64B, adjusted EBITDA $95-105M, EPS $0.49-$0.70.