Lands' End Announces Fourth Quarter and Fiscal 2019 Results
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Lands' End (LE) Tops Q4 EPS by 1c, Revenues Beat
March 17, 2020 6:51 AM EDTLands' End (NASDAQ: LE) reported Q4 EPS of $0.78, $0.01 better than the analyst estimate of $0.77. Revenue for the quarter came in at $549.5 million versus the consensus estimate of $547.93 million.
Fourth Quarter Fiscal 2019 Highlights:
Net revenue for the fourth quarter increased 9.4% to $549.5 million, compared to $502.3 million in the fourth quarter last year, largely reflecting revenue from the American Airlines launch and eCommerce growth of 7.2%. This was partially offset by 49 fewer Lands End Shops at Sears, which resulted in a net revenue decline from Sears operations of $21.5 million. Excluding the impact from Sears operations, net... More
