Lands' End (NASDAQ:LE) Updates FY 2026 Earnings Guidance

Key Points

• Lands’ End lowered its FY 2026 earnings outlook to $0.44–$0.72 per share, well below the $0.83 analyst consensus, while maintaining revenue guidance of $1.3 billion–$1.4 billion.
• Second-quarter results were broadly in line with expectations, with EPS of $0.09 matching consensus and revenue of $302.04 million exceeding the $300.67 million estimate.
• Third-quarter EPS guidance of $0.07–$0.20 trails the $0.23 consensus estimate, underscoring continued concerns about profitability and execution; analysts maintain a “Moderate Buy” consensus rating with a $20 price target.

Lands' End (NASDAQ:LE - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.440-0.720 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Lands' End also updated its Q3 2026 guidance to 0.070-0.200 EPS.

Analyst Ratings Changes

Several research firms recently commented on LE. Noble Financial assumed coverage on Lands' End in a research report on Thursday, June 18th. They set an "outperform" rating and a $20.00 target price for the company. Wall Street Zen cut Lands' End from a "buy" rating to a "hold" rating in a research report on Saturday, June 13th. Finally, Weiss Ratings raised shares of Lands' End from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $20.00.

Lands' End Price Performance

Shares of NASDAQ LE traded down $0.45 during trading on Thursday, reaching $10.82. The company had a trading volume of 368,847 shares, compared to its average volume of 308,068. Lands' End has a 52 week low of $9.56 and a 52 week high of $20.04. The stock has a market cap of $332.61 million, a PE ratio of 0.98 and a beta of 2.32. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.37 and a current ratio of 1.58. The business's 50 day moving average price is $11.95 and its 200-day moving average price is $12.57.

Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The business had revenue of $302.04 million for the quarter, compared to analysts' expectations of $300.67 million. Lands' End had a net margin of 26.24% and a return on equity of 8.22%. Lands' End has set its FY 2026 guidance at 0.440-0.720 EPS and its Q3 2026 guidance at 0.070-0.200 EPS. Analysts expect that Lands' End will post 0.49 earnings per share for the current year.

Key Lands' End News

Here are the key news stories impacting Lands' End this week:

• Positive Sentiment: Second-quarter revenue was $302.04 million, above the approximately $300.67 million analyst estimate, while reported EPS of $0.09 matched consensus and improved from a loss in the prior-year period. Lands' End Announces Second Quarter Fiscal 2026 Results
• Positive Sentiment: The company’s turnaround includes cost reductions, intellectual-property monetization and debt paydown, leaving Lands’ End with a relatively leaner balance sheet and potential long-term upside if operational improvements gain traction. Lands' End Has Promise, But Execution Is Key
• Neutral Sentiment: Fiscal 2026 revenue guidance of $1.3 billion to $1.4 billion is broadly consistent with the consensus revenue outlook, but the company’s valuation remains difficult to assess because the stock is inexpensive on enterprise-value-to-EBITDA measures while appearing more costly on earnings and operating-cash-flow multiples.
• Negative Sentiment: Third-quarter EPS guidance of $0.07 to $0.20 is below the consensus estimate of $0.23, while the $300 million to $330 million revenue range also trails the $326.4 million expectation at its midpoint.
• Negative Sentiment: Full-year EPS guidance of $0.44 to $0.72 is well below the $0.83 consensus estimate. Analysts also noted that adjusted EPS missed expectations and management reduced EBITDA guidance, reinforcing concerns that profitability and execution remain under pressure. Lands' End Lags Q2 Earnings Estimates

Institutional Investors Weigh In On Lands' End

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its position in shares of Lands' End by 3.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 19,835 shares of the company's stock valued at $288,000 after acquiring an additional 674 shares during the period. BNP Paribas Financial Markets grew its holdings in Lands' End by 83.0% during the third quarter. BNP Paribas Financial Markets now owns 2,384 shares of the company's stock valued at $34,000 after purchasing an additional 1,081 shares during the period. Wells Fargo & Company MN increased its stake in Lands' End by 14.5% in the fourth quarter. Wells Fargo & Company MN now owns 10,355 shares of the company's stock valued at $150,000 after purchasing an additional 1,309 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Lands' End by 10.1% in the fourth quarter. Russell Investments Group Ltd. now owns 20,290 shares of the company's stock valued at $295,000 after purchasing an additional 1,853 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Lands' End by 6.7% in the second quarter. Hsbc Holdings PLC now owns 32,310 shares of the company's stock worth $350,000 after purchasing an additional 2,032 shares during the period. Institutional investors own 37.46% of the company's stock.

About Lands' End

Lands' End, Inc NASDAQ: LE is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands' End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands' End rapidly expanded its product offering beyond marine gear.

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