Lands' End (NASDAQ:LE) Updates Q3 2026 Earnings Guidance

Key Points

• Lands’ End lowered its outlook for the third quarter: EPS guidance is $0.07–$0.20, below the $0.23 consensus, while revenue guidance of $300 million–$330 million is modestly below the $326.4 million expected at the midpoint.
• The company set full-year fiscal 2026 EPS guidance at $0.44–$0.72, below analysts’ consensus estimate of $0.83, signaling continued pressure on profitability and execution.
• Second-quarter results were largely in line with expectations, with EPS of $0.09 matching consensus and revenue of $302.04 million slightly exceeding estimates; shares fell to $10.82 following the guidance update.

Lands' End (NASDAQ:LE - Get Free Report) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.070-0.200 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $300.0 million-$330.0 million, compared to the consensus revenue estimate of $326.4 million. Lands' End also updated its FY 2026 guidance to 0.440-0.720 EPS.

Lands' End Price Performance

NASDAQ:LE traded down $0.45 on Thursday, reaching $10.82. 368,847 shares of the company's stock traded hands, compared to its average volume of 308,068. The stock has a 50-day simple moving average of $11.95 and a 200-day simple moving average of $12.57. Lands' End has a 12 month low of $9.56 and a 12 month high of $20.04. The firm has a market cap of $332.61 million, a PE ratio of 0.98 and a beta of 2.32. The company has a quick ratio of 0.37, a current ratio of 1.58 and a debt-to-equity ratio of 0.06.

Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.09 earnings per share for the quarter, hitting analysts' consensus estimates of $0.09. Lands' End had a return on equity of 8.22% and a net margin of 26.24%.The firm had revenue of $302.04 million during the quarter, compared to analyst estimates of $300.67 million. 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. Equities research analysts forecast that Lands' End will post 0.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Noble Financial began coverage on shares of Lands' End in a research report on Thursday, June 18th. They set an "outperform" rating and a $20.00 price objective on the stock. Weiss Ratings raised shares of Lands' End from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, June 11th. Finally, Wall Street Zen downgraded shares of Lands' End from a "buy" rating to a "hold" rating in a report on Saturday, June 13th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Lands' End presently has an average rating of "Moderate Buy" and a consensus target price of $20.00.

More 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 Trading of Lands' End

Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC purchased a new position in shares of Lands' End in the 1st quarter worth approximately $104,000. Empowered Funds LLC lifted its position in Lands' End by 8.6% in the first quarter. Empowered Funds LLC now owns 70,257 shares of the company's stock worth $715,000 after buying an additional 5,543 shares during the last quarter. Jane Street Group LLC boosted its stake in Lands' End by 45.7% during the first quarter. Jane Street Group LLC now owns 26,229 shares of the company's stock worth $267,000 after buying an additional 8,231 shares during the period. Hsbc Holdings PLC boosted its stake in Lands' End by 6.7% during the second quarter. Hsbc Holdings PLC now owns 32,310 shares of the company's stock worth $350,000 after buying an additional 2,032 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Lands' End by 7.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 275,447 shares of the company's stock valued at $2,950,000 after acquiring an additional 20,150 shares during the last quarter. 37.46% of the stock is owned by hedge funds and other institutional investors.

Lands' End Company Profile

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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