Lands' End, Inc. - Common Stock (LE)

Land's End shares are trading lower after Q2 results. Here's why.

Lands' End gross profit decreased 4.5% year over year, with gross margin rising by around 210 basis points year over year to 50.8%.

LE earnings call for the period ending December 31, 2024.

Small Cap Consumer Research analyst Eric Beder reaffirmed a Buy rating for Lands' End Inc (NASDAQ: LE), setting a $20 price target after reviewing their March catalog. The catalog highlights swimwear, with over 40% dedicated to swim items. Lands' End is transitioning to a lifestyle-driven catalog, aiming to attract younger customers and reduce heavy discounting on key items.

Lands' End stock rises after announcing exploration of strategic alternatives, including a potential sale or merger to enhance shareholder value.