Lands’ End (NASDAQ:LE) Releases FY 2024 Earnings Guidance

Lands’ End (NASDAQ:LE) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.350-0.450 for the period, compared to the consensus estimate of 0.370. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. Lands’ End also updated its Q4 2024 guidance to 0.510-0.610 EPS.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Lands’ End from a “hold” rating to a “buy” rating in a report on Friday, September 6th.

Lands’ End Stock Up 2.6 %

LE opened at $14.36 on Friday. The company has a current ratio of 1.64, a quick ratio of 0.41 and a debt-to-equity ratio of 1.10. Lands’ End has a one year low of $7.64 and a one year high of $19.88. The business’s fifty day moving average is $16.31 and its two-hundred day moving average is $15.45.

Lands’ End (NASDAQ:LE) last released its quarterly earnings results on Thursday, September 5th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.08. Lands’ End had a negative return on equity of 1.03% and a negative net margin of 9.20%. The company had revenue of $317.17 million during the quarter, compared to the consensus estimate of $306.00 million. As a group, equities analysts forecast that Lands’ End will post 0.4 EPS for the current fiscal year.

Lands’ End Company Profile

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.