Lands' End, Inc. $(LE)$ has reported its financial results for the second quarter ending August 1, 2025. The company's net revenue was $294.1 million, reflecting a decrease of $23.1 million or 7.3% compared to $317.2 million in the same period of 2024. Within the U.S. Digital Segment, net revenue stood at $255.3 million, down $15.1 million or 5.6% from $270.4 million in the second quarter of the previous year. Specifically, U.S. eCommerce net revenue was $167.3 million, marking a decrease of $21.0 million or 11.2% from $188.3 million in the second quarter of 2024, attributed to a slower start in the seasonal swim product category. The company achieved an increased gross margin of approximately 90 basis points and reduced inventory for the ninth consecutive quarter. Lands' End maintained a Gross Merchandise Value (GMV) approximately flat compared to the second quarter of the previous year. For the full year, Lands' End has provided guidance including approximately $25.0 million of capital expenditures. CEO Andrew McLean highlighted the company's strategic focus on enhancing its product offerings, customer engagement, and a shift towards an asset-light, low-intensity model, contributing to high-quality sales and customer loyalty. The Lands' End Outfitters business segment also reported strong growth in revenue and profitability.