By Sarina Isaacs

Shares of Lands' End climbed after the company said it was standing pat on its full-year guidance thanks to tariff-mitigation plans.

The company also posted a wider loss and lower revenue for the first quarter.

Shares were up 7.8% at $8.53 in afternoon trading. They are still down about 35% so far this year.

The apparel retailer on Thursday said it worked up plans to mitigate the effects of the Trump administration's tariffs at current levels, allowing it to maintain its fiscal year outlook.

Lands' End continues to forecast revenue of between $1.33 billion and $1.45 billion for the current fiscal year, while adjusted earnings are still pegged at 48 cents to 86 cents a share.

"This outlook assumes a baseline tariff of approximately 10% in all countries except China, which accounted for less than 8% of our product cost in 2024 and where we assume a 30% tariff," said Finance Chief Bernie McCracken.

For the fiscal first quarter, the Dodgeville, Wis., company reported a loss of $8.26 million, or 27 cents a share, widened from the prior year's shortfall of $6.44 million, or 20 cents a share.

It also posted an adjusted loss of 18 cents a share.

Revenue sank 8.5% to $261.2 million in the quarter, missing Wall Street estimates of $273.7 million.

Write to Sarina Isaacs at sarina.isaacs@wsj.com

(END) Dow Jones Newswires

June 05, 2025 13:13 ET (17:13 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.