Lands' End (LE) Tops Q4 EPS by 9c, Offers Q1 and FY Guidance

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Lands' End Announces Fourth Quarter and Fiscal 2018 Results

March 21, 2019 6:45 AM EDT

DODGEVILLE, Wis., March 21, 2019 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the 13-week fourth quarter and 52-week fiscal year ended February 1, 2019, compared to the 14-week fourth quarter and 53-week fiscal year ended February 2, 2018.

Fourth Quarter Fiscal 2018 Highlights:

Net revenue for the fourth quarter decreased 1.6% to $502.3 million, compared to $510.6 million in the fourth quarter last year, which included $25.9 million from the 53rd week.  Excluding the sales from the 53rd week and $21.4 million from closed Sears stores, revenue would have increased 8.4%.  At the end of... More