Lands' End (LE) Prelim. Q4 Numbers Miss Estimates
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Lands' End Provides Update on Fourth Quarter and Full Year Performance
January 22, 2015 6:45 AM ESTDODGEVILLE, Wis., Jan. 22, 2015 (GLOBE NEWSWIRE) -- Lands' End, Inc. (Nasdaq: LE) today announced estimated preliminary financial results for the fourth quarter and fiscal year ending January 30, 2015.
Merchandise sales and services, net are expected to be between $505 million and $515 million in the fourth quarter of fiscal 2014, a decrease of 3% to 5% from $530 million in the fourth quarter of fiscal 2013.
Merchandise sales and services, net in the Direct segment are expected to decrease slightly to between $434 million to $442 million for the fourth quarter of fiscal 2014 compared to $443 million for the fourth quarter of fiscal 2013.... More
