Lands' End Stock Gains on Narrower 2Q Loss, Raised FY Profit Guidance

Dow Jones
2025/09/10
 

By Kelly Cloonan

 

Shares of Lands' End climbed after the company logged a narrower loss in its latest quarter and bumped up the midpoint of its profit guidance for the year.

The stock rose 13% to $16.01 on Wednesday. Shares are up 22% this year.

The retailer on Tuesday posted a loss of $3.7 million, or 12 cents a share, for the second quarter, compared with a loss of $5.3 million, or 17 cents a share, a year earlier.

Adjusted loss per share was 6 cents. Analysts polled by FactSet were expecting an adjusted loss of 3 cents a share.

Revenue fell 7.3% to $294.1 million, missing the $324.4 million analysts were expecting.

Chief Executive Andrew McLean said the company is seeing encouraging momentum across its business, helped by improvements in its key product categories and a shift toward rapidly introducing new products.

The company also raised the midpoint of its profit guidance for the year, modeling adjusted earnings per share of 62 cents to 88 cents a share, compared with 48 cents to 86 cents previously.

It now forecasts revenue of $1.33 billion to $1.4 billion for the year, compared with its prior guidance of $1.33 billion to $1.45 billion.

The updated outlook reflects the company's efforts to mitigate added costs from current tariff levels.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

September 10, 2025 11:42 ET (15:42 GMT)

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