Lands' End (LE) Prelim. Q4 Revenue Exceeds Views

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Lands’ End Provides Preliminary Financial Results for the Fourth Quarter

January 28, 2016 6:45 AM EST

DODGEVILLE, Wis., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Lands End, Inc. (NASDAQ: LE) today announced estimated preliminary financial results for the fourth quarter ending January 29, 2016.

Net revenue is expected to be between $464 million and $474 million in the fourth quarter of fiscal 2015, a decrease of 6% to 8% compared to $505 million in the fourth quarter of fiscal 2014.

Net revenue in the Direct segment is expected to be between $401 million and $410 million for the fourth quarter of fiscal 2015 compared to $432 million for the fourth quarter of fiscal 2014. The expected... More