Lands' End (LE) Tops Q1 EPS by 3c, Guidance Misses Consensus
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Lands’ End Announces First Quarter Fiscal 2022 Results
June 2, 2022 6:45 AM EDTDODGEVILLE, Wis., June 02, 2022 (GLOBE NEWSWIRE) -- Lands End, Inc. (NASDAQ: LE) today announced financial results for the first quarter ended April 29, 2022.
Jerome Griffith, Chief Executive Officer, stated, Despite revenue pressure from global supply chain issues and the impact of inflation on the consumer, we achieved our profit expectations. We continued to successfully execute on our strategic initiatives and are encouraged by the performance of our Outfitters business, which increased 33%, and by our expanding Third Party business, which increased 83%. I am very proud of our team, whose performance, in light of these... More
