Lands' End (LE) Misses Q1 EPS by 2c, Comps Increase 2.1%
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Lands' End Announces First Quarter Fiscal 2017 Results
June 6, 2017 6:45 AM EDTDODGEVILLE, Wis., June 06, 2017 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the first quarter ended April 28, 2017.
First Quarter Fiscal 2017 Highlights:
Net revenue for the first quarter was $268.4 million as compared to $273.4 million in the first quarter last year. Direct segment net revenue decreased 1.7% to $228.3 million, as compared to the same period last year. Retail segment net revenue decreased 2.8% to $40.0 million, as compared to the same period last year, primarily due to fewer Lands' End Shops at Sears. Same... More