Lands' End (LE) Tops Q2 EPS by 7c

Lands' End (NASDAQ: LE) reported Q2 EPS of $0.48, $0.07 better than the analyst estimate of $0.41. Revenue for the quarter came in at $384.1 million versus the consensus estimate of $382.93 million.

Jerome Griffith, Chief Executive Officer, stated, “We are very pleased with our performance this quarter, delivering record second quarter revenue and strength across all of our financial metrics. Our improved product assortment and increased digital marketing spend drove the strength in our Global eCommerce business. With our strategic pillars of growth and an expanded addressable market, we remain very optimistic about the long term potential of our business.”

GUIDANCE:

Lands' End sees Q3 2021 revenue of $390-405 million, versus the consensus of $393.5 million.

Lands' End sees FY2021 revenue of $1.67-1.71 billion, versus the consensus of $1.69 billion.

For earnings history and earnings-related data on Lands' End (LE) click here.

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