By Dean Seal

Lands' End is forecasting a potential jump in sales for fiscal 2025 after transitioning to a new licensing strategy to stay asset-light.

The clothing company expects revenue to hit $1.33 billion to $1.45 billion in the fiscal year that started Feb. 1, compared with $1.36 billion for the prior year.

Earnings are expected to be $8 million to $20 million, or 25 cents to 64 cents a share. On an adjusted basis, the bottom line is expected to hit $15 million to $27 million, or 48 cents to 86 cents a share.

For the fiscal fourth quarter that ended Jan. 31, Lands' End posted a profit of $18.5 million, or 59 cents a share, compared with a loss of $8.6 million, or 27 cents a share, in the same quarter a year earlier.

Stripping out one-time items, adjusted earnings were 57 cents a share.

Revenue fell 14% to $441.7 million, largely driven by the transition of the company's footwear and kids product lines to licensing agreements and some optimizing of promotional activity.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

March 20, 2025 07:10 ET (11:10 GMT)

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