Lands' End to Explore Strategic Alternatives

Dow Jones

2025/03/07

By Dean Seal

The board of Lands' End has initiated a process to explore strategic alternatives, including a potential sale.

The apparel retailer said Friday that while the company has been improving operations and its finances, the board believes the market undervalues Lands' End shares.

Lands' End shares closed the market at $11.23 on Thursday, up by nearly a third over the prior 12 months, though they are still well off a five-year high of about $42 reached in 2021. The stock rose 6.9% to $12 in premarket trading.

The company said there can be no assurances given about the outcome or timing of the board's process.

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

(END) Dow Jones Newswires

March 07, 2025 08:00 ET (13:00 GMT)

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The stock rose 6.9% to $12 in premarket trading. \n\n\n  The company said there can be no assurances given about the outcome or timing of the board's process. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 07, 2025 08:00 ET (13:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}