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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