Lands' End (LE) Tops Q4 EPS by 6c
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Lands' End Announces Fourth Quarter and Fiscal 2016 Results
March 21, 2017 6:45 AM EDTDODGEVILLE, Wis., March 21, 2017 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the fourth quarter and fiscal year ended January 27, 2017.
Fourth Quarter Fiscal 2016 Highlights:
Net revenue for fourth quarter 2016 was $458.8 million as compared to $473.5 million in the fourth quarter last year. Direct segment net revenue decreased 2.6% to $398.5 million, as compared to the same period last year. Retail segment net revenue decreased 6.3% to $60.3 million, as compared to the same period last year, primarily due to fewer Lands' End Shops at Sears and a 1.7% decrease... More