Lands' End (NASDAQ:LE) Posts Earnings Results, Beats Expectations By $0.01 EPS

Lands' End (NASDAQ:LE - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.01, Zacks reports. The firm had revenue of $261.21 million for the quarter, compared to analyst estimates of $272.60 million. Lands' End had a positive return on equity of 1.24% and a negative net margin of 1.46%. Lands' End updated its FY 2025 guidance to 0.480-0.860 EPS.

Lands' End Stock Up 13.0%

LE traded up $1.03 during midday trading on Thursday, reaching $8.94. 1,185,524 shares of the company were exchanged, compared to its average volume of 150,560. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74. The company's fifty day moving average price is $8.88 and its 200 day moving average price is $11.49. The company has a market cap of $276.08 million, a price-to-earnings ratio of -13.55 and a beta of 2.43. Lands' End has a one year low of $7.65 and a one year high of $19.88.

Hedge Funds Weigh In On Lands' End

Several institutional investors have recently modified their holdings of the business. Empowered Funds LLC lifted its position in shares of Lands' End by 8.6% during the first quarter. Empowered Funds LLC now owns 70,257 shares of the company's stock worth $715,000 after acquiring an additional 5,543 shares in 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 valued at $267,000 after buying an additional 8,231 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in Lands' End in the 1st quarter worth about $104,000. 37.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Lands' End from a "strong-buy" rating to a "buy" rating in a research note on Monday, February 17th.

About Lands' End

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.