Highest-materiality recent filing
Peter L. Gray resigned as President of Lands' End Licensing, CAO, and General Counsel effective July 9, 2026.
Lands' End appoints Charlie Cole as CEO, replacing Andrew McLean effective July 13, 2026
Charlie Cole appointed CEO and board member effective July 13, 2026; Andrew McLean steps down as CEO and resigns from board.
Lands' End Q1 revenue $239M (-8.5% YoY) as DC disruption hits; net income $330.7M on WHP Global JV
Net revenue $238.9M vs $261.2M YoY; temporary warehouse system disruption estimated to have caused low-single-digit growth absent impact.
Lands' End stockholders re-elect all seven directors, approve say-on-pay and auditor
All seven director nominees elected with ~99% of votes cast for each; broker non-votes of 692,044.
Lands' End completes JV with WHP Global, receives $300M, repays $234M term loan
Lands' End contributed brand IP to JV, sold 50% controlling interest for $300M cash.
Lands' End board authorizes $100M share repurchase program through March 2029
Board authorized $100M common stock repurchase from April 1, 2026 to March 31, 2029.
Lands' End Q4 revenue +4.7% to $462M, adj EPS $0.76; WHP JV on track for Q1 close
Q4 net revenue $462.4M (+4.7% YoY); US eCommerce +4.8%; Outfitters +9.6%; Europe eCommerce +9.3%.
Lands' End approves transaction success bonuses for three executives tied to WHP Global deal
CEO Andrew McLean awarded bonus of 2x annual base salary payable at closing and over 2 years.
Lands' End sells 50% IP stake to WHP Global for $300M; WHP launches $100M tender at $45
Lands' End contributes all brand IP and related assets to new JV; sells 50% controlling interest to WHP Global for $300M cash.
Lands' End to sell 50% of IPCo to WHP for $300M; tender offer for up to $100M of stock
WHP will purchase 50% of newly formed IPCo (holding Lands' End brand IP) for $300M cash; proceeds used to repay term loan.
Lands' End Q3 net income $5.2M; Adj. EBITDA up 28% to $25.9M
Net income of $5.2M ($0.17 EPS) vs $(0.6M) loss a year ago; Adj. diluted EPS $0.21 vs $0.06.
Lands' End Q2 revenue down 7.3% to $294M; net loss narrows to $0.12/share; gross margin up 90 bps
Net revenue $294.1M (-7.3% YoY); U.S. eCommerce fell 11.2% to $167.3M, Outfitters grew 5.1% to $66.4M.
Lands' End Q1 net revenue $261.2M (-8.5% YoY); net loss $0.27/sh; gross margin 50.8% (+210bps)
Net revenue $261.2M (-8.5% YoY); U.S. eCommerce flat at $170.7M; Europe eCommerce down 28.4% to $17.9M.
Lands' End stockholders elect all 7 director nominees and approve say-on-pay
Robert Galvin, Gordon Hartogensis, Elizabeth Leykum, Josephine Linden, John T. McClain, Andrew J. McLean, Alicia Parker elected to board.
Lands' End enters retention agreements with CEO, CFO, President; payments tied to Change in Control
Retention agreements with CEO Andrew McLean ($550k), CFO Bernard McCracken ($263k), and President Peter Gray ($348k).
Lands' End amends ABL facility: maturity extended to 2030, commitments reduced to $225M
Maturity extended from July 2026 to March 2030.
Lands' End Q4 net income $18.5M vs loss year ago; FY2024 returns to profitability
Q4 net revenue $441.7M, down 14.2% YoY; gross margin +760bps to 45.6%.
Lands' End amends CFO McCracken's severance agreement with enhanced benefits
Amended severance provides 12 months base salary plus avg of prior 2 years' annual bonus; 24 months if change-in-control.
Lands' End Board launches strategic alternatives process including potential sale
Board initiates process to explore strategic alternatives, including sale or merger.
Lands' End confirms receipt of letter from Edward Lampert requesting strategic sale process
Edward S. Lampert requested the Company initiate a strategic sale process to maximize shareholder value.
Lands' End elects Gordon Hartogensis to Board, expanding to seven members
Gordon Hartogensis elected to Board effective January 22, 2025; board size increased from six to seven.
Lands' End participates in ICR Conference; no new financial details disclosed
Fireside chat at 27th Annual ICR Conference scheduled for January 14, 2025.
Lands' End Q3: gross margin up 360bps to 50.6%, adj EBITDA $20.3M, guides Q4 rev $440-480M
Net revenue $318.6M (-1.9% YoY); gross profit $161.1M (+5.6%) on lower promotions and supply chain savings.
Lands' End EVP & Chief Transformation Officer Angela Rieger to retire April 2025
Angela Rieger, EVP/Chief Transformation Officer, notified Lands' End of retirement on Oct 2, 2024; effective April 15, 2025.
Board approved Second Amended and Restated Bylaws effective September 19, 2024.
Lands' End Q2 net loss narrows to $5.3M; gross margin up 470bps to 47.9%; raises FY profit guidance
Net revenue $317.2M, down from $323.3M; GMV up mid-single digits; gross profit up 8.8% to $151.9M.
Lands' End Q1 net revenue down 7.8% to $285.5M; gross margin expands 410 bps to 48.7%
Net loss of $6.4M ($0.20 loss per share) vs loss of $1.7M ($0.05) a year ago; adjusted net loss $6.2M.
Lands' End stockholders elect all six director nominees, approve say-on-pay and auditor ratification
All six director nominees elected: Galvin, Leykum, Linden, McClain, McLean, Parker; each received >27.3M votes.
Lands' End dismisses BDO as auditor, appoints Deloitte & Touche
Dismissed BDO USA, P.C. effective April 4, 2024, with no disagreements on accounting principles or practices.
Lands' End Q4 gross margin up 550 bps; guides FY2024 adjusted EBITDA $84-96M
Q4 net revenue $514.9M (-2.8% YoY); gross profit +13.5% to $195.4M; gross margin 38.0% (vs 32.5%).
Lands' End authorizes $25M share repurchase program through March 2026
Board authorized up to $25M in share repurchases through March 31, 2026.
Lands' End announces 2024 annual meeting for May 9, 2024
Annual Meeting of Stockholders will be held on Thursday, May 9, 2024.
Lands' End to present at ICR Conference; exhibit not provided
Company participating in fireside chat at 26th Annual ICR Conference on Jan 8, 2024.
Lands' End enters $260M term loan facility with Blue Torch to repay existing debt
$260M term loan matures Dec 2028; amortizes 1.25% per quarter; proceeds repay prior Fortress facility.
Lands' End Q3 revenue down 12.5% to $324.7M; gross margin up 700 bps to 47.0%
Net revenue $324.7M (-12.5% YoY); gross margin improved 700 bps to 47.0% on better inventory management and less clearance sales.
Lands' End appoints Bernard McCracken as permanent CFO, effective Sept 14, 2023
Bernard McCracken, previously Interim CFO, named permanent CFO; also continues as Treasurer and principal accounting officer.
Lands' End terminates Chief Innovation Officer Sarah Rasmusen; position eliminated
Sarah Rasmusen's employment as Chief Innovation Officer terminated on Sept 5, 2023, due to position elimination.
Lands' End Q2 net loss widens to $8M; gross margin +220bps, inventory -30% YoY
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.
Lands' End amends term loan to replace LIBOR with SOFR benchmark
Entered amendment to Term Loan Credit Agreement to replace LIBOR with SOFR as interest rate benchmark.
Lands' End participates in Telsey Advisory Group event on June 26, 2023
Lands' End (LE) held small group discussions at a Telsey Advisory Group event on June 26, 2023.
Lands' End shareholders approve 2M-share increase to 2017 stock plan at 2023 annual meeting
All seven director nominees (Galvin, Leykum, Linden, McClain, McLean, Patel, Staw) elected with strong support.
Lands' End Q1 net revenue up 1.9% to $309.6M; raises FY2023 outlook
Net loss improved to $1.7M ($0.05 loss per diluted share) vs $2.4M loss in prior year.
Lands' End amends ABL credit facility to replace LIBOR with SOFR benchmark
Fourth Amendment dated May 12, 2023, among Lands' End, guarantors, Wells Fargo (agent), and lenders.
Lands' End Q4 net loss $0.10/share, revenue down 4.6%; full-year net loss $0.38
Q4 net revenue $529.6M (down 4.6% YoY); net loss $3.3M ($0.10 loss per diluted share) vs net income $7.1M ($0.21 EPS) last year.
Lands' End presents at ICR Conference; no material new information disclosed
Company participating in fireside chat at 25th Annual ICR Conference on Jan 10, 2023.
Lands' End CFO James Gooch to resign Jan 27; Bernard McCracken named interim CFO
James Gooch resigns as President and CFO effective Jan 27, 2023; will serve as advisor through Feb 2024.
Lands' End Q3 net loss $4.7M vs prior-year profit; lowers FY2022 guidance
Net revenue fell 1.3% YoY to $371.0M; net loss of $4.7M ($0.14 loss per diluted share) vs net income of $7.4M ($0.22) in Q3 2021.
CEO Jerome Griffith to retire Jan 2023; Andrew J. McLean named CEO-Designate effective Nov 1, 2022
Jerome Griffith will retire as CEO at end of fiscal year (Jan 27, 2023), then serve as Executive Vice Chair until May 2023 and Senior Advisor until Jan 2024.
Lands' End Q2 revenue $351.2M (-8.6% YoY), net loss $0.07/sh; Q3 guidance $375-390M revenue
Net loss $2.2M (-$0.07 diluted EPS) vs net income $16.2M ($0.48) in Q2 FY2021.
Lands' End terminates EVP/Chief Product Officer Chieh Tsai in position elimination
Chieh Tsai's employment as EVP and Chief Product Officer terminated on July 12, 2022.
appointed Charlie Cole as Chief Executive Officer of the Company and as a member of the Board, effective as of July 13, 2026.
Andrew McLean will cease to serve as Chief Executive Officer of the Company and will resign as a member of the Board, effective as of July 13, 2026.
On January 22, 2025, the Board of Directors (the “Board”) of Lands’ End, Inc. (the “Company”) increased the number of directors of the Company from six to seven and elected Gordon Hartogensis to the Board, effective immediately.
On October 2, 2024, Angela Rieger, Executive Vice President, Chief Transformation Officer, notified Lands’ End, Inc. (the “Company”) that she will be retiring from the Company and resigning from all positions held with the Company and its subsidiaries, effective April 15, 2025.
On September 14, 2023, Bernard McCracken, the Interim Chief Financial Officer, and Vice President, Controller and Chief Accounting Officer of Lands’ End, Inc. (the “Company”) was appointed Chief Financial Officer of the Company.
On September 5, 2023, the employment of Sarah Rasmusen, Chief Innovation Officer of Lands’ End, Inc. (the “Company”), was terminated, in connection with a position elimination by the Company.
In addition, on January 5, 2023, the Company announced that it has appointed Bernard McCracken, 61, as Interim Chief Financial Officer, effective as of January 28, 2023, to serve while the Company conducts a search for a permanent Chief Financial Officer.
On January 4, 2023, Lands’ End, Inc. (the “Company”) entered into a letter agreement with James Gooch setting forth the terms of his resignation as President and Chief Financial Officer of the Company at the conclusion of the current fiscal year, on January 27, 2023 (the “Resignation Date”).
In addition, on September 12, 2022, the Company announced that it has appointed Andrew J. McLean, 53, as Chief Executive Officer – Designate, and elected Mr. McLean as a member of the Board of Directors to fill a newly created vacancy, each effective as of November 1, 2022.
On September 12, 2022, Lands’ End, Inc. (the “Company”) announced that Jerome Griffith would retire as Chief Executive Officer of the Company at the conclusion of the current fiscal year, on January 27, 2023.
In addition, on September 12, 2022, the Company announced that it has appointed Andrew J. McLean, 53, as Chief Executive Officer – Designate, and elected Mr. McLean as a member of the Board of Directors to fill a newly created vacancy, each effective as of November 1, 2022.
On July 12, 2022, the employment of Chieh Tsai, Executive Vice President, Chief Product Officer of Lands’ End, Inc. (the “Company”), was terminated, in connection with a position elimination by the Company.
Max materiality 0.90 · Median 0.60 · Most common event earnings