Lands' End (LE) Posts Q3 EPS of 33c
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Lands’ End Announces Third Quarter of Fiscal 2015 Results
December 3, 2015 6:45 AM ESTDODGEVILLE, Wis., Dec. 03, 2015 (GLOBE NEWSWIRE) -- Lands End, Inc. (NASDAQ: LE) today announced financial results for the third quarter ended October 30, 2015.
Third Quarter Summary:
Net revenue was $334.4 million as compared to $373.1 million in the third quarter last year. Revenue in the Direct segment was $287.8 million and Retail segment revenue was $46.6 million. Gross margin was 48.6% as compared to 49.1% in the third quarter last year, primarily due to the impact of foreign currency. Net income was $10.7 million as compared to $18.0 million... MoreLands’ End Announces Third Quarter of Fiscal 2015 Results
December 3, 2015 6:45 AM ESTDODGEVILLE, Wis., Dec. 03, 2015 (GLOBE NEWSWIRE) -- Lands End, Inc. (NASDAQ: LE) today announced financial results for the third quarter ended October 30, 2015.
Third Quarter Summary:
Net revenue was $334.4 million as compared to $373.1 million in the third quarter last year. Revenue in the Direct segment was $287.8 million and Retail segment revenue was $46.6 million. Gross margin was 48.6% as compared to 49.1% in the third quarter last year, primarily due to the impact of foreign currency. Net income was $10.7 million as compared to $18.0 million... More