Lands' End (LE) Reports Q1 Loss of $0.08/Share
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Lands' End Announces First Quarter Fiscal 2018 Results
June 12, 2018 6:45 AM EDTDODGEVILLE, Wis., June 12, 2018 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the first quarter ended May 4, 2018.
First Quarter Fiscal 2018 Highlights:
Net revenue for the first quarter increased 11.7% to $299.8 million from $268.4 million in the first quarter last year. Direct segment net revenue increased 19.7% to $273.4 million, as compared to the same period last year. Retail segment net revenue decreased 34.0% to $26.5 million, as compared to the same period last year, primarily due to fewer Lands' End Shops at... More