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Stock impact report

Lands’ End Announces Third Quarter 2024 Results

Lands' End, Inc. (LE) 
Last lands' end, inc. earnings: 3/17 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: investors.landsend.com/investor-relations
Company Research Source: GlobeNewswire
Gross margin increased approximately 360 basis points compared to the third quarter last yearAll profitability measures improved when compared to third quarter last yearReduced inventory for the seventh consecutive quarter DODGEVILLE, Wis., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the third quarter ended November 1, 2024. Andrew McLean, Chief Executive Officer, stated, “Throughout the third quarter, we sustained momentum from our deliberate efforts to drive higher quality sales, resulting in growth in both gross margin and gross profit dollars. Our sharp focus on innovation and creating solutions for life’s every journey is supporting the continued evolution of our strategy and brand. In addition to serving our loyal existing customers, our new customer acquisition increased 20% year-over-year, and is up mid-teens year-to-date. As we look to the holiday season, the Black Friday through Cyber Monday weekend met our ex Show less Read more
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