Lands' End (LE) Tops Q3 EPS by 5c

Lands' End (NASDAQ: LE) reported Q3 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $325.5 million versus the consensus estimate of $320.17 million.

Jerome S. Griffith, Chief Executive Officer, stated, "We were pleased with the continued momentum in our business in the third quarter, which carried through the Thanksgiving to Cyber Monday period. For the third quarter, we grew revenue, expanded gross margin, and significantly increased profitability. We also saw growth in our buyer files for the third consecutive quarter, with double digit growth in the last two quarters."

Mr. Griffith continued, "Overall, as we continued to execute on our strategic initiatives, we stabilized the business and laid the foundation to enable us to capitalize on the opportunities that lie ahead. We are now focused on building off of this momentum and our strong position as a customer centric, multi-channel, online organization as we work to drive consistent revenue and earnings growth over the long-term."

For earnings history and earnings-related data on Lands' End (LE) click here.

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• General Mills (GIS) Tops Q4 EPS by 14c, Beats on Revenue; Offers FY27 EPS Guidance
• RBC Capital Upgrades GEA Group AG (G1A:GR) (GEAGY) to Outperform