Lands End Inc
NASDAQ:LE
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Lands End Inc
Lands' End, Inc. is a multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company is headquartered in Dodgeville, Wisconsin and currently employs 5,000 full-time employees. The firm's segments include U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party, and Retail. The company has five distribution channels, which include U.S. eCommerce, International, Outfitters, Third Party and Retail. Its U.S. eCommerce offers products through its e-commerce Website. Its International offers products primarily to consumers located in Europe and Japan through e-commerce international Websites and third-party affiliates. Its Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the United States. Its Third Party sells the same products as U.S. eCommerce direct to consumers through third-party marketplace Websites and through domestic wholesale customers. Its Retail sells products through Company-operated stores.
Lands' End, Inc. is a multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company is headquartered in Dodgeville, Wisconsin and currently employs 5,000 full-time employees. The firm's segments include U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party, and Retail. The company has five distribution channels, which include U.S. eCommerce, International, Outfitters, Third Party and Retail. Its U.S. eCommerce offers products through its e-commerce Website. Its International offers products primarily to consumers located in Europe and Japan through e-commerce international Websites and third-party affiliates. Its Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the United States. Its Third Party sells the same products as U.S. eCommerce direct to consumers through third-party marketplace Websites and through domestic wholesale customers. Its Retail sells products through Company-operated stores.
Revenue Decline: Lands' End reported Q2 revenue of $294 million, down 7% year-over-year, mainly due to a slow start to the swim season and challenges in Europe.
Margin Improvement: Gross margin in Q2 rose to 49%, up 90 basis points from last year, driven by full price selling and growth in licensing.
Licensing & Marketplace Growth: Licensing revenue grew 19% and third-party marketplace business grew 14% year-over-year, helping diversify revenue streams.
Guidance Reaffirmed: Full-year revenue guidance is now $1.33–$1.40 billion, with Q3 revenue expected between $320–$350 million and GMV growth forecast in the mid- to high-single digits.
Tariff Impact Mitigated: Management is confident tariff headwinds are contained for the remainder of 2025 through sourcing changes and limited price increases to customers.
Strategic Alternatives: The board's previously announced review of strategic alternatives is ongoing, with no further update provided.