Lands' End (LE)
Market Price (8/10/2026): $13.14 | Market Cap: $404.4 MilSector: Consumer Discretionary | Industry: Apparel Retail
Lands' End (LE)
Market Price (8/10/2026): $13.14Market Cap: $404.4 MilSector: Consumer DiscretionaryIndustry: Apparel Retail
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 85%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 81% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail. Themes include Direct-to-Consumer Brands. | Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -31% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.6%, Rev Chg QQuarterly Revenue Change % is -8.5% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.5% Key risksLE key risks include [1] a heavy reliance on fourth-quarter performance and [2] a debt structure sensitive to interest rate hikes. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 85%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 81% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail. Themes include Direct-to-Consumer Brands. |
| Weak multi-year price returns2Y Excs Rtn is -63%, 3Y Excs Rtn is -31% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.6%, Rev Chg QQuarterly Revenue Change % is -8.5% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.5% |
| Key risksLE key risks include [1] a heavy reliance on fourth-quarter performance and [2] a debt structure sensitive to interest rate hikes. |
Qualitative Assessment
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Lands' End (LE) stock has gained about 15% since 4/30/2026 because of the following key factors:
1. Strategic Joint Venture and Debt Reduction. Lands' End formed a joint venture with WHP Global on April 1, 2026, to manage the Lands' End brand and licensing. This involved the sale of a 50% stake in the newly created LE Topco, LLC for $300 million in cash. A key component of this transaction was the repayment of the company's $234 million Term Loan Facility in full during April 2026, significantly strengthening its financial position by reducing debt. Additionally, WHP Global completed a tender offer to purchase $100 million of common stock at $45.00 per share, which was a substantial premium over the prevailing market price and indicated significant value.
2. Better-than-Expected Fiscal Q1 2027 Earnings Per Share and Positive Net Income. For fiscal Q1 2027, which ended May 1, 2026, Lands' End reported an Adjusted EPS loss of -$0.11, exceeding analysts' consensus estimates of -$0.21 by $0.10. The company also achieved a net income of $330.7 million, a significant improvement from a net loss of $8.3 million in the prior year's fiscal Q1, largely attributable to the WHP Global transaction. Despite net revenue of $238.92 million missing analyst expectations and decreasing by 8.5% year-over-year due to temporary disruptions from a new warehouse management system, the EPS beat and improved profitability contributed to positive sentiment.
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Lands' End (LE) stock has gained about 15% since 4/30/2026 because of the following key factors:
1. Strategic Joint Venture and Debt Reduction. Lands' End formed a joint venture with WHP Global on April 1, 2026, to manage the Lands' End brand and licensing. This involved the sale of a 50% stake in the newly created LE Topco, LLC for $300 million in cash. A key component of this transaction was the repayment of the company's $234 million Term Loan Facility in full during April 2026, significantly strengthening its financial position by reducing debt. Additionally, WHP Global completed a tender offer to purchase $100 million of common stock at $45.00 per share, which was a substantial premium over the prevailing market price and indicated significant value.
2. Better-than-Expected Fiscal Q1 2027 Earnings Per Share and Positive Net Income. For fiscal Q1 2027, which ended May 1, 2026, Lands' End reported an Adjusted EPS loss of -$0.11, exceeding analysts' consensus estimates of -$0.21 by $0.10. The company also achieved a net income of $330.7 million, a significant improvement from a net loss of $8.3 million in the prior year's fiscal Q1, largely attributable to the WHP Global transaction. Despite net revenue of $238.92 million missing analyst expectations and decreasing by 8.5% year-over-year due to temporary disruptions from a new warehouse management system, the EPS beat and improved profitability contributed to positive sentiment.
3. Authorization of a New Share Repurchase Program. In April 2026, Lands' End's Board of Directors authorized a new share repurchase program, allowing the company to buy back up to $100 million of its common stock. This program, which extends through March 31, 2029, demonstrates management's confidence in the company's valuation and its commitment to enhancing shareholder value.
4. Positive Analyst Sentiment and Price Target Upside. Following these developments, several Wall Street analysts maintained or upgraded their ratings for Lands' End, with a consensus average price target ranging from $19.00 to $20.00. This average target represented a forecasted upside of approximately 60.8% from the stock's trading price of $12.44 as of early August 2026, indicating a strong positive outlook from the investment community. For instance, Noble Financial initiated coverage with an "outperform" rating and a $20.00 price target on June 18, 2026.
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Stock Movement Drivers
Fundamental Drivers
The 16.2% change in LE stock from 4/30/2026 to 8/9/2026 was primarily driven by a 6260.1% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.29 | 13.12 | 16.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,335 | 1,313 | -1.7% |
| Net Income Margin (%) | 0.4% | 26.2% | 6260.1% |
| P/E Multiple | 62.8 | 1.2 | -98.1% |
| Shares Outstanding (Mil) | 31 | 31 | -0.4% |
| Cumulative Contribution | 16.2% |
Market Drivers
4/30/2026 to 8/9/2026| Return | Correlation | |
|---|---|---|
| LE | 16.2% | |
| Market (SPY) | 7.6% | 12.4% |
| Sector (XLY) | 1.3% | 31.0% |
Fundamental Drivers
The -26.1% change in LE stock from 1/31/2026 to 8/9/2026 was primarily driven by a -97.5% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.76 | 13.12 | -26.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,314 | 1,313 | -0.1% |
| Net Income Margin (%) | 0.9% | 26.2% | 2834.1% |
| P/E Multiple | 46.1 | 1.2 | -97.5% |
| Shares Outstanding (Mil) | 31 | 31 | -0.9% |
| Cumulative Contribution | -26.1% |
Market Drivers
1/31/2026 to 8/9/2026| Return | Correlation | |
|---|---|---|
| LE | -26.1% | |
| Market (SPY) | 12.1% | 22.8% |
| Sector (XLY) | -0.9% | 29.5% |
Fundamental Drivers
The 11.8% change in LE stock from 7/31/2025 to 8/9/2026 was primarily driven by a 7859.1% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.73 | 13.12 | 11.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,339 | 1,313 | -1.9% |
| Net Income Margin (%) | 0.3% | 26.2% | 7859.1% |
| P/E Multiple | 82.0 | 1.2 | -98.6% |
| Shares Outstanding (Mil) | 31 | 31 | 0.3% |
| Cumulative Contribution | 11.8% |
Market Drivers
7/31/2025 to 8/9/2026| Return | Correlation | |
|---|---|---|
| LE | 11.8% | |
| Market (SPY) | 23.4% | 27.9% |
| Sector (XLY) | 8.9% | 27.7% |
Fundamental Drivers
The 39.9% change in LE stock from 7/31/2023 to 8/9/2026 was primarily driven by a 57.8% change in the company's P/S Multiple.| (LTM values as of) | 7312023 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.38 | 13.12 | 39.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,561 | 1,313 | -15.9% |
| P/S Multiple | 0.2 | 0.3 | 57.8% |
| Shares Outstanding (Mil) | 32 | 31 | 5.4% |
| Cumulative Contribution | 39.9% |
Market Drivers
7/31/2023 to 8/9/2026| Return | Correlation | |
|---|---|---|
| LE | 39.9% | |
| Market (SPY) | 74.9% | 32.6% |
| Sector (XLY) | 41.1% | 33.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LE Return | -9% | -61% | 26% | 37% | 11% | -11% | -40% |
| Peers Return | 23% | -31% | 69% | 27% | 11% | -9% | 86% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| LE Win Rate | 42% | 33% | 50% | 58% | 42% | 62% | |
| Peers Win Rate | 57% | 30% | 62% | 50% | 47% | 52% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| LE Max Drawdown | -59% | -67% | -40% | -34% | -44% | -47% | |
| Peers Max Drawdown | -28% | -52% | -34% | -27% | -50% | -32% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VFC, COLM, RL, ANF, AEO. See LE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)
How Low Can It Go
| Event | LE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -33.2% | -18.8% |
| % Gain to Breakeven | 49.6% | 23.1% |
| Time to Breakeven | 55 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -31.3% | -9.5% |
| % Gain to Breakeven | 45.7% | 10.5% |
| Time to Breakeven | 48 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.3% | -6.7% |
| % Gain to Breakeven | 37.5% | 7.1% |
| Time to Breakeven | 2 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -60.8% | -24.5% |
| % Gain to Breakeven | 155.1% | 32.4% |
| Time to Breakeven | 747 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -64.2% | -33.7% |
| % Gain to Breakeven | 179.3% | 50.9% |
| Time to Breakeven | 139 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.8% | -19.2% |
| % Gain to Breakeven | 24.6% | 23.8% |
| Time to Breakeven | 17 days | 105 days |
In The Past
Lands' End's stock fell -33.2% during the 2025 US Tariff Shock. Such a loss loss requires a 49.6% gain to breakeven.
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Asset Allocation
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| Event | LE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -33.2% | -18.8% |
| % Gain to Breakeven | 49.6% | 23.1% |
| Time to Breakeven | 55 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -31.3% | -9.5% |
| % Gain to Breakeven | 45.7% | 10.5% |
| Time to Breakeven | 48 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.3% | -6.7% |
| % Gain to Breakeven | 37.5% | 7.1% |
| Time to Breakeven | 2 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -60.8% | -24.5% |
| % Gain to Breakeven | 155.1% | 32.4% |
| Time to Breakeven | 747 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -64.2% | -33.7% |
| % Gain to Breakeven | 179.3% | 50.9% |
| Time to Breakeven | 139 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -39.6% | -6.8% |
| % Gain to Breakeven | 65.6% | 7.3% |
| Time to Breakeven | 1861 days | 15 days |
| 2013 Taper Tantrum | ||
| % Loss | -22.8% | -0.2% |
| % Gain to Breakeven | 29.5% | 0.2% |
| Time to Breakeven | 64 days | 1 days |
In The Past
Lands' End's stock fell -33.2% during the 2025 US Tariff Shock. Such a loss loss requires a 49.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Lands' End (LE)
Lands' End, Inc. (LE) is a uni-channel retailer specializing in casual apparel, accessories, footwear, and home goods. The company engages with its customers through various sales channels, including its own e-commerce websites across the U.S., Europe, and Japan, company-operated stores, and third-party distribution partners. Founded in 1963 and headquartered in Wisconsin, Lands' End maintains a global presence, serving customers across the United States, Europe, Asia, and other international markets.
Its product offerings encompass a wide range of casual clothing for men, women, and children, alongside practical accessories, comfortable footwear, and an assortment of home products. Key brands under its umbrella include Lands' End, Let's Get Comfy, Square Rigger, Squall, Super-T, and Starfish, among others, indicating a focus on quality, comfort, and durability in everyday wear and home essentials.
The primary customer base for Lands' End consists of individuals and families seeking durable, comfortable, and classic casual wear and home items. By operating through diverse channels globally, including dedicated e-commerce sites and a network of physical stores, Lands' End effectively reaches a broad international market that values its established brands and product categories.
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Lands' End is like L.L.Bean for classic casual clothing and home products.
Imagine a more classic, quality-focused version of Gap or J.Crew that also sells a range of home goods.
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- Casual Clothing: A broad range of apparel designed for everyday wear and comfort.
- Accessories: Items that complement outfits, such as bags, scarves, and hats.
- Footwear: A variety of shoes, boots, and sandals for different occasions.
- Home Products: Merchandise for the home, which may include bedding, bath linens, and decor items.
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Lands' End (LE) primarily sells its products directly to individual consumers through its e-commerce platforms, company-operated stores, and third-party distribution channels. As a "uni-channel retailer" of clothing, accessories, footwear, and home products, it serves a broad base of individual customers rather than selling primarily to other companies.
Based on its product offerings and business segments, Lands' End serves the following major categories of individual customers:
- Everyday Consumers (Individuals and Families): This is the largest segment, comprising individuals and families purchasing casual clothing, accessories, footwear, and home goods for daily wear, comfort, and general household use. These customers shop for personal wardrobes, gifts, and items for their homes.
- Customers Seeking Uniforms and Co-branded Apparel: Through its "Outfitters" segment, Lands' End serves individuals purchasing uniforms for schools, businesses, or other organizations. This also includes customers seeking customized or co-branded apparel for corporate events, teams, or special groups.
- Seasonal and Lifestyle Shoppers: This category includes customers who purchase specific apparel and home items tailored to particular seasons, activities, or lifestyle needs. Examples include individuals looking for swimwear ("Beach Living"), outerwear ("Squall"), comfortable loungewear ("Let's Get Comfy"), or specific durable items for children ("Iron Knees").
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Andrew McLean, Chief Executive Officer
Andrew McLean was appointed Chief Executive Officer of Lands' End in January 2023, having joined as CEO-designate on November 1, 2022. Prior to leading Lands' End, he served as President, International at American Eagle Outfitters (AEO). He also held the role of Executive Vice President, Chief Commercial Officer at AEO after joining the company in 2016. McLean began his career as a strategy consultant with AT Kearney and has held senior positions at other prominent retailers including Gap, Liz Claiborne, and Urban Outfitters.
Bernard McCracken, Chief Financial Officer
Bernard McCracken was named Chief Financial Officer of Lands' End in September 2023, after serving as interim CFO since January 2023. He has also served as the company's Chief Accounting Officer since April 2014. With nearly four decades of experience, McCracken has held various finance, accounting, audit, and controller positions at companies such as The Children's Place, Inc., Footstar, Inc., Deloitte & Touche LLP, The Leslie Fay Companies, Inc., and Loehmann's Inc.
Peter Gray, President, Lands' End Licensing; Chief Administrative Officer and General Counsel
Peter Gray was appointed Chief Commercial Officer in January 2023, having previously served as the Executive Vice President, Chief Administrative Officer and General Counsel. In his role, he is responsible for driving revenue growth and overseeing various business segments including eCommerce, Outfitters, Third Party, Retail, International, and licensing. Before joining Lands' End, Gray was the Executive Vice President and General Counsel at Tumi Holdings, Inc., where he was also a member of Tumi's Executive Committee, which guided the company's strategic direction.
Martin Christopher, Executive Vice President, Chief Technology Officer
Martin Christopher serves as the Executive Vice President and Chief Technology Officer for Lands' End.
Kym Maas, President, Lands' End Consumer & Chief Creative Officer
Kym Maas joined Lands' End in January 2023, initially as Senior Vice President, Product and Merchandising, and later assumed the role of President, Lands' End Consumer & Chief Creative Officer. She brings over 28 years of industry experience, having held senior merchandising roles at various companies. Her previous experience includes serving as Vice President of Women's Merchandising at American Eagle Outfitters, Abercrombie & Fitch, and LOFT Ann Taylor, Inc., and as Executive Director, GMM Accessories and Shoes at Anthropologie.
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The key risks to Lands' End's business are primarily centered around intense competition, declining sales, and financial leverage in a challenging macroeconomic environment.
- Intense Competition and Shifting Consumer Preferences: Lands' End operates in a highly competitive retail landscape, facing pressure from fierce digital-native competitors and fast-fashion retailers. The company also contends with weak brand differentiation and an aging brand image, making it challenging to attract new customers and respond effectively to evolving consumer preferences. Failure to offer merchandise and services that resonate with customers, whose desires change over time, could adversely affect the business and its operational results.
- Declining Sales and Revenue Challenges: Lands' End has experienced a decline in overall revenue, notably in its international e-commerce segment following the closure of operations in Japan. U.S. e-commerce revenue has also decreased, partly due to ongoing promotional activities. This sales downturn has contributed to increased net losses and highlights a weak long-term trend in attracting growing demand. The company also experiences seasonal fluctuations, with a significant portion of its revenue and earnings generated in the fourth fiscal quarter, making it vulnerable to lower-than-expected performance during this period.
- Financial Leverage and Macroeconomic Headwinds: Lands' End carries a notable amount of debt, with interest payments not always well covered by earnings, indicating an overleveraged financial position. The company's profitability and ability to invest in growth are further challenged by rising costs, supply chain issues, and general macroeconomic headwinds such as inflation and an uncertain global environment. These factors negatively impact consumer spending on discretionary items and can compress profit margins.
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The increasing consumer shift towards circular economy models, particularly the widespread adoption of apparel rental, resale, and recommerce platforms.
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Casual Clothing
- The global casual wear market was valued at approximately USD 645.22 billion in 2025.
- In the United States, the casual wear market was valued at USD 196.22 billion in 2024.
- The European apparel market, which includes casual clothing, was valued at USD 375.98 billion in 2024.
- The Asia Pacific casual wear market accounted for approximately USD 268.34 billion in 2025, representing 41.51% of the global casual wear market.
Footwear
- The global footwear market size was estimated at USD 495.46 billion in 2025.
- The United States footwear market size was valued at USD 97.16 billion in 2025.
- In Europe, the footwear market size was valued at USD 93.52 billion in 2025.
- The Asia Pacific footwear market size was valued at USD 168.1 billion in 2025.
Home Products
- The global home decor market (a proxy for home products) was approximately USD 959.08 billion in 2024.
- The Europe home decor market (a proxy for home products) was valued at USD 211.12 billion in 2025.
- North America is projected to lead the global home decor market in terms of revenue by 2030.
- The Asia Pacific home decor market is projected to reach USD 364.0169 billion by 2030.
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Lands' End (LE) is focusing on several strategic initiatives to drive revenue growth over the next two to three years:
- Expansion of the Asset-Light Licensing Model: The company is actively broadening its product offerings through licensing partnerships for categories such as hosiery, intimates, travel accessories, home decor, and footwear. This strategy, which expanded licensing revenue significantly in Q1 FY2025, is designed to enhance gross margins and contribute to Gross Merchandise Value (GMV).
- Growth in the B2B Outfitters Segment: Lands' End anticipates mid-single-digit annual growth through 2026 for its Outfitters division, which supplies uniforms to businesses and schools. This includes securing new school uniform contracts and reacquiring the Delta Air Lines uniform business.
- Increased International Digital Presence: Lands' End is prioritizing its international digital footprint, particularly in Europe. European e-commerce saw a substantial 28% year-over-year growth in Q1 FY2025, driven by rebranding efforts, influencer marketing, and strategic product assortment adjustments.
- Enhanced Digital Marketing and Third-Party Marketplace Expansion: The company is utilizing improved digital marketing strategies to acquire new customers and expanding its presence across third-party platforms like Amazon, Kohl's, and Target. This approach aims to extend brand reach and engagement while reducing reliance on direct-to-consumer channels.
- Product Innovation and Focus on Solution-Based Categories: Lands' End is committed to product newness and innovation, especially in core categories like outerwear and swimwear. The company is also expanding its range of solution-based products, such as those offering sun protection, waterproofing, and body shaping features, and introducing capsule collections to attract younger demographics.
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Share Repurchases
- Lands' End authorized a new share repurchase program for up to $25 million of common stock in March 2024, valid through March 31, 2026.
- Since the beginning of fiscal year 2022, the company has returned over $40 million to shareholders through share repurchases.
- Under the 2024 program, $3 million in shares were repurchased in Q1 2025, and $4.0 million in Q3 2024.
Inbound Investments
- In January 2026, Lands' End formed a strategic partnership and joint venture with WHP Global, receiving $300 million in gross cash proceeds.
- As part of this joint venture, WHP Global acquired a 50% ownership stake in Lands' End's intellectual property and related assets.
- The $300 million proceeds are intended to fully repay the company's term loan, which was approximately $234 million as of January 26, 2026, and for general corporate purposes.
Capital Expenditures
- Lands' End expects capital expenditures to be approximately $28 million for fiscal year 2025.
- Capital expenditures were approximately $35 million in fiscal year 2024.
- The primary focus of capital expenditures includes investments in marketing for customer base expansion, improving product speed to market, supply chain efficiency, and SAP SE platform efficiency programs.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 37.66 |
| Mkt Cap | 4.0 |
| Rev LTM | 5,468 |
| Op Inc LTM | 517 |
| FCF LTM | 369 |
| FCF 3Y Avg | 448 |
| CFO LTM | 557 |
| CFO 3Y Avg | 564 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 2.7% |
| Rev Chg 3Y Avg | 1.3% |
| Rev Chg Q | 1.5% |
| QoQ Delta Rev Chg LTM | 0.3% |
| Op Inc Chg LTM | 16.7% |
| Op Inc Chg 3Y Avg | 15.6% |
| Op Mgn LTM | 7.9% |
| Op Mgn 3Y Avg | 7.6% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 9.6% |
| CFO/Rev 3Y Avg | 11.4% |
| FCF/Rev LTM | 7.0% |
| FCF/Rev 3Y Avg | 7.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.0 |
| P/S | 0.7 |
| P/Op Inc | 9.9 |
| P/EBIT | 8.7 |
| P/E | 12.5 |
| P/CFO | 7.6 |
| Total Yield | 9.5% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 8.9% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.5% |
| 3M Rtn | 9.6% |
| 6M Rtn | -15.7% |
| 12M Rtn | 22.5% |
| 3Y Rtn | 30.3% |
| 1M Excs Rtn | 2.5% |
| 3M Excs Rtn | 4.7% |
| 6M Excs Rtn | -27.2% |
| 12M Excs Rtn | -3.3% |
| 3Y Excs Rtn | -33.3% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Single segment | 1,335 | 1,363 | 1,473 | 1,555 | 1,637 |
| Total | 1,335 | 1,363 | 1,473 | 1,555 | 1,637 |
| $ Mil | 2018 | 2017 | 2014 | 2002 | 2001 |
|---|---|---|---|---|---|
| Direct | 82 | 63 | 150 | ||
| Loss on disposal of property and equipment | -0 | -1 | |||
| Transfer of corporate functions | -4 | ||||
| Licensing and Retail | -9 | -7 | 1 | ||
| Corporate/other | -40 | -35 | |||
| Intangible asset impairment | -173 | ||||
| Product recall | 0 | ||||
| Corporate/Other | -22 | ||||
| Core | 78 | 0 | |||
| Europe eCommerce | 6 | -0 | |||
| Specialty | 25 | 0 | |||
| Total | 29 | -153 | 128 | 110 | 0 |
| $ Mil | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| Direct | 857 | 805 | 954 | 1,023 | 1,074 |
| Corporate/other | 217 | 239 | |||
| Licensing and Retail | 50 | 70 | 69 | 68 | 76 |
| Corporate/Other | 266 | 262 | 45 | ||
| Total | 1,124 | 1,114 | 1,289 | 1,353 | 1,194 |
Price Behavior
| Market Price | $13.12 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 03/20/2014 | |
| Distance from 52W High | -31.5% | |
| 50 Days | 200 Days | |
| DMA Price | $11.76 | $13.86 |
| DMA Trend | down | up |
| Distance from DMA | 11.5% | -5.4% |
| 3M | 1YR | |
| Volatility | 60.1% | 66.6% |
| Downside Capture | 17.52 | 191.77 |
| Upside Capture | 69.45 | 149.41 |
| Correlation (SPY) | 10.3% | 26.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.08 | 0.17 | 0.36 | 0.96 | 1.42 | 1.35 |
| Up Beta | -3.87 | -2.25 | -1.57 | -0.17 | 0.71 | 1.09 |
| Down Beta | 3.73 | 2.25 | 1.70 | 0.96 | 1.38 | 1.26 |
| Up Capture | 104% | 15% | 51% | 77% | 190% | 363% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 15 | 24 | 35 | 61 | 123 | 357 |
| Down Capture | -117% | 1% | 34% | 166% | 144% | 110% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 7 | 19 | 28 | 65 | 129 | 387 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LE | |
|---|---|---|---|---|
| LE | -0.5% | 66.3% | 0.25 | - |
| Sector ETF (XLY) | 7.9% | 19.4% | 0.27 | 27.1% |
| Equity (SPY) | 23.3% | 12.8% | 1.36 | 27.0% |
| Gold (GLD) | 28.5% | 28.4% | 0.87 | 8.3% |
| Commodities (DBC) | 32.9% | 19.8% | 1.32 | -6.6% |
| Real Estate (VNQ) | 14.2% | 13.8% | 0.72 | 26.4% |
| Bitcoin (BTCUSD) | -43.7% | 43.0% | -1.21 | 11.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LE | |
|---|---|---|---|---|
| LE | -19.1% | 68.3% | -0.02 | - |
| Sector ETF (XLY) | 6.7% | 24.0% | 0.24 | 38.1% |
| Equity (SPY) | 13.5% | 17.2% | 0.61 | 36.7% |
| Gold (GLD) | 18.6% | 18.6% | 0.81 | 5.3% |
| Commodities (DBC) | 8.2% | 19.6% | 0.31 | 4.4% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 30.5% |
| Bitcoin (BTCUSD) | 9.0% | 53.0% | 0.36 | 17.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LE | |
|---|---|---|---|---|
| LE | -0.8% | 73.6% | 0.31 | - |
| Sector ETF (XLY) | 12.5% | 22.2% | 0.52 | 38.8% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 37.9% |
| Gold (GLD) | 12.1% | 16.2% | 0.61 | 0.1% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 9.6% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.20 | 33.0% |
| Bitcoin (BTCUSD) | 58.4% | 66.2% | 0.98 | 14.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 7/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/9/2026 | 8.5% | 10.0% | -4.5% |
| 3/19/2026 | 1.3% | -1.5% | -8.1% |
| 12/9/2025 | -9.0% | -3.3% | -5.8% |
| 9/9/2025 | 4.9% | 7.8% | 7.5% |
| 6/5/2025 | 13.0% | 14.2% | 43.6% |
| 3/20/2025 | -11.2% | -10.2% | -19.8% |
| 12/5/2024 | -13.0% | -5.6% | -14.0% |
| 9/5/2024 | -5.6% | -8.8% | 6.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 10 | 10 |
| # Negative | 12 | 14 | 14 |
| Median Positive | 9.7% | 18.5% | 19.9% |
| Median Negative | -10.6% | -9.8% | -15.1% |
| Max Positive | 32.4% | 50.9% | 43.6% |
| Max Negative | -30.4% | -28.8% | -44.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/9/2026 | 8.5% | 10.0% | -4.5% |
| 3/19/2026 | 1.3% | -1.5% | -8.1% |
| 12/9/2025 | -9.0% | -3.3% | -5.8% |
| 9/9/2025 | 4.9% | 7.8% | 7.5% |
| 6/5/2025 | 13.0% | 14.2% | 43.6% |
| 3/20/2025 | -11.2% | -10.2% | -19.8% |
| 12/5/2024 | -13.0% | -5.6% | -14.0% |
| 9/5/2024 | -5.6% | -8.8% | 6.9% |
| 6/5/2024 | -5.8% | 1.1% | -4.6% |
| 3/27/2024 | 8.0% | 20.3% | 40.2% |
| 12/5/2023 | 9.6% | 32.8% | 36.5% |
| 8/31/2023 | -25.0% | -28.8% | -27.2% |
| 6/1/2023 | 32.4% | 50.9% | 23.8% |
| 3/16/2023 | 16.8% | 25.9% | 16.1% |
| 12/1/2022 | -30.4% | -24.8% | -34.3% |
| 9/1/2022 | -15.3% | -26.1% | -44.1% |
| 6/2/2022 | 12.8% | -2.7% | 3.1% |
| 3/16/2022 | 13.5% | 16.6% | 5.9% |
| 12/2/2021 | -9.9% | -9.3% | -10.5% |
| 9/2/2021 | -9.1% | -23.5% | -31.5% |
| 6/2/2021 | 6.5% | 22.4% | 36.7% |
| 3/17/2021 | 9.7% | -27.4% | -31.8% |
| 12/3/2020 | -17.5% | -20.1% | -16.2% |
| 9/2/2020 | -2.4% | -4.1% | -13.7% |
| SUMMARY STATS | |||
| # Positive | 12 | 10 | 10 |
| # Negative | 12 | 14 | 14 |
| Median Positive | 9.7% | 18.5% | 19.9% |
| Median Negative | -10.6% | -9.8% | -15.1% |
| Max Positive | 32.4% | 50.9% | 43.6% |
| Max Negative | -30.4% | -28.8% | -44.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/09/2026 | 10-Q |
| 01/31/2026 | 03/26/2026 | 10-K |
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/05/2025 | 10-Q |
| 01/31/2025 | 03/27/2025 | 10-K |
| 10/31/2024 | 12/05/2024 | 10-Q |
| 07/31/2024 | 09/05/2024 | 10-Q |
| 04/30/2024 | 06/05/2024 | 10-Q |
| 01/31/2024 | 04/03/2024 | 10-K |
| 10/31/2023 | 12/05/2023 | 10-Q |
| 07/31/2023 | 08/31/2023 | 10-Q |
| 04/30/2023 | 06/01/2023 | 10-Q |
| 01/31/2023 | 04/10/2023 | 10-K |
| 10/31/2022 | 12/01/2022 | 10-Q |
| 07/31/2022 | 09/01/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/09/2026 | 10-Q |
| 01/31/2026 | 03/26/2026 | 10-K |
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/05/2025 | 10-Q |
| 01/31/2025 | 03/27/2025 | 10-K |
| 10/31/2024 | 12/05/2024 | 10-Q |
| 07/31/2024 | 09/05/2024 | 10-Q |
| 04/30/2024 | 06/05/2024 | 10-Q |
| 01/31/2024 | 04/03/2024 | 10-K |
| 10/31/2023 | 12/05/2023 | 10-Q |
| 07/31/2023 | 08/31/2023 | 10-Q |
| 04/30/2023 | 06/01/2023 | 10-Q |
| 01/31/2023 | 04/10/2023 | 10-K |
| 10/31/2022 | 12/01/2022 | 10-Q |
| 07/31/2022 | 09/01/2022 | 10-Q |
| 04/30/2022 | 06/02/2022 | 10-Q |
| 01/31/2022 | 03/24/2022 | 10-K |
| 10/31/2021 | 12/02/2021 | 10-Q |
| 07/31/2021 | 09/02/2021 | 10-Q |
| 04/30/2021 | 06/02/2021 | 10-Q |
| 01/31/2021 | 03/25/2021 | 10-K |
| 10/31/2020 | 12/03/2020 | 10-Q |
| 07/31/2020 | 09/09/2020 | 10-Q |
| 04/30/2020 | 07/22/2020 | 10-Q |
| 01/31/2020 | 03/23/2020 | 10-K |
| 10/31/2019 | 12/03/2019 | 10-Q |
| 07/31/2019 | 09/05/2019 | 10-Q |
Insider Activity
Updated 8/4/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lampert, Edward S | Direct | Sell | 4062026 | 45.00 | 1,300,505 | 58,522,725 | 711,626,625 | Form | |
| 2 | Parker, Alicia Uhlman | Direct | Sell | 4062026 | 45.00 | 288 | 12,960 | 157,860 | Form | |
| 3 | McClain, John | IRA | Sell | 4062026 | 45.00 | 832 | 37,440 | 455,490 | Form | |
| 4 | McClain, John | Direct | Sell | 4062026 | 45.00 | 8 | 360 | 4,140 | Form | |
| 5 | Leykum, Elizabeth | Serenade Capital LLC | Sell | 4062026 | 45.00 | 935 | 42,075 | 511,380 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lampert, Edward S | Direct | Sell | 4062026 | 45.00 | 1,300,505 | 58,522,725 | 711,626,625 | Form | |
| 2 | Parker, Alicia Uhlman | Direct | Sell | 4062026 | 45.00 | 288 | 12,960 | 157,860 | Form | |
| 3 | McClain, John | IRA | Sell | 4062026 | 45.00 | 832 | 37,440 | 455,490 | Form | |
| 4 | McClain, John | Direct | Sell | 4062026 | 45.00 | 8 | 360 | 4,140 | Form | |
| 5 | Leykum, Elizabeth | Serenade Capital LLC | Sell | 4062026 | 45.00 | 935 | 42,075 | 511,380 | Form | |
| 6 | Galvin, Robert | Direct | Sell | 4062026 | 45.00 | 2,548 | 114,660 | 1,394,055 | Form | |
| 7 | Galvin, Robert | IRA | Sell | 4062026 | 45.00 | 266 | 11,970 | 145,530 | Form | |
| 8 | Galvin, Robert | SEP | Sell | 4062026 | 45.00 | 152 | 6,840 | 83,160 | Form | |
| 9 | Hartogensis, Gordon | Direct | Sell | 4062026 | 45.00 | 752 | 33,840 | 411,390 | Form | |
| 10 | Linden, Josephine | Direct | Sell | 4062026 | 45.00 | 3,482 | 156,690 | 1,905,075 | Form | |
| 11 | Christopher, Martin D | EVP, Chief Technology Officer | Direct | Sell | 4062026 | 45.00 | 530 | 23,850 | 289,980 | Form |
| 12 | Maas, Kym | President, LE Consumer & CCO | Direct | Sell | 4062026 | 45.00 | 1,440 | 64,800 | 787,905 | Form |
| 13 | McLean, Andrew J | Chief Executive Officer | Direct | Sell | 4062026 | 45.00 | 16,918 | 761,310 | 9,257,355 | Form |
| 14 | Gray, Peter L | PRES LE Licensing, CAO & GC | Direct | Sell | 4062026 | 45.00 | 11,454 | 515,430 | 6,267,555 | Form |
| 15 | McCracken, Bernard Louis Iii | CFO and Treasurer | Direct | Sell | 4062026 | 45.00 | 3,362 | 151,290 | 1,839,645 | Form |
Lands' End — Investor Video Playlist
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel Retail Resources |
| Apparel News |
| Just Style |
| Sourcing Journal |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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