Lands’ End, Inc. operates as a multi-channel retailer in the United States and internationally. The company operates through two segments, Direct and Retail. It offers casual clothing, accessories, footwear, and home products. The company sells its products through its e-commerce Websites, direct mail catalogs, dedicated Lands’ End Shops at Sears, stand-alone Lands’ End Inlet stores, and international shop-in-shops. As of January 30, 2015, it operated 236 Lands’ End Shops at Sears, 14 Lands’ End Inlet stores, and 5 international shop-in-shops. Lands’ End, Inc. was founded in 1963 and is headquartered in Dodgeville, Wisconsin.
1 Lands' End lane
Dodgeville, WI 53595
Founded in 1963
Lands' End Opens First Ever Holiday Pop-Up Shops in Boston and New York City
Oct 28 15
Lands' End announced the opening of two holiday pop-up shops. With New York and Boston being the host cities, Lands' End continues its legendary journey in providing quality, value and customer service to customers in prominent retail locations in both cities. The shops will present a fun-filled holiday shopping destination for the entire family. On November 1, 2015, the Boston store will open in the city's renowned Copley Square. The location features 3,000 square feet of selling space and will be stocked with the brand's favorite holiday gifts for everyone in the family. A heartfelt holiday feel will be the focus for the newest holiday collections inviting customers to enjoy Lands' End at its best. Following Boston, the New York City store will open on November 11, 2015 on iconic 5th Avenue at 52nd Street. The 9,800 square-foot space will be transformed into a wintery ski chalet that includes a second-floor space for shoppers to settle into a cozy and relaxing environment with a hot chocolate bar. The newest holiday campaign including imagery and video will be featured in both locations. The stores will feature a unique handpicked merchandise selection from the brand across the categories of men's, women's, children's, home, and holiday gifts. Monogramming will be available on-site for items such as Christmas stockings, sweaters, shirts, and much more. In addition, the shops will host special events throughout the holiday season. The Boston store, open through December 27, 2015 is located at 100 Huntington Avenue, Space E004A and the New York City store, open through January 31, 2016 is located at 650 Fifth Avenue.
Lands' End, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2015
Sep 3 15
Lands' End, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended July 31, 2015. For the quarter, the company reported net revenues of $312,414,000 against $347,222,000 a year ago. Operating income was $17,918,000 against $25,298,000 a year ago. Income before income taxes was $12,191,000 against $19,296,000 a year ago. Net income was $7,461,000 against $11,845,000 a year ago. Basic and diluted earnings per share were $0.23 against $0.37 per share a year ago. Adjusted EBITDA was $19,620,000 against $30,123,000 a year ago. Total revenue decrease of $35 million compared to last year as a result of sales decline in both the Direct and the Retail segments. Operating income decreased $7 million or 29%, primarily due to lower volume, offset by S&A expense savings. The negative impact of foreign currency on earnings per share was $0.06. The recall reserve adjustment benefited net income by $1.4 million and earnings per share by $0.05. The decrease in adjusted EBITDA was attributable to the decrease in revenues and gross margin rate, partially offset by S&A savings.
For the six months, the company reported net revenues of $611,801,000 against $677,705,000 a year ago. Operating income was $26,413,000 against $44,092,000 a year ago. Income before income taxes was $15,008,000 against $36,302,000 a year ago. Net income was $9,185,000 against $22,713,000 a year ago. Basic and diluted earnings per share were $0.29 against $0.71 per share a year ago. Adjusted EBITDA was $32,670,000 against $53,939,000 a year ago. Net cash provided by operating activities was $3,446,000 against $105,187,000 a year ago. Purchases of property and equipment were $13,520,000 against $5,716,000 a year ago. The change in cash flow is primarily related to increased inventory receipt, resulting from a much lower beginning inventory this year, in addition to lower earnings during the period.
Lands' End, Inc. to Report Q2, 2016 Results on Sep 03, 2015
Jun 24 15
Lands' End, Inc. announced that they will report Q2, 2016 results at 12:00 PM, GMT Standard Time on Sep 03, 2015