Lands’ End Lifts Q4 Profitability, Stock Price Falls on Revenue Miss
Lands’ End showed improvements on several fronts last quarter and through 2024, but revenues fell short of expectations, pulling the stock price down on Thursday.
On a bottom-line basis, the classic, all-American brand, which is currently on the selling block, went into the black, generating net income of $18.5 million, or 59 cents earnings per diluted share in the fourth quarter ended Jan. 31, 2025, compared to a net loss of $8.6 million, or 27 cents per diluted share, in the year-ago period.
Adjusted net income was $17.7 million, or 57 cents earnings per diluted share, compared to adjusted net income of $8 million or 25 cents, in the year-ago period.
Net revenues in the fourth quarter declined 14.2 percent to…
