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0 0 0 0 0.0289017341040462 0.0289017341040462 0.0289017341040462 0.0473988439306358
Stock impact report

Lands' End announces $25M buyback [Seeking Alpha]

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: Seeking Alpha
The company's prior share repurchase authorization pursuant to which 2.3M shares were repurchased for an aggregate $20.3M beginning in June 2022, expired on February 2, 2024. The company expects that purchases will be funded through existing cash on hand, cash from operations, borrowings under its asset-based senior secured credit facility or a combination of the foregoing. Bernard McCracken, CFO commented, "Buoyed by our renewed focus on driving profitable sales, and the completion of our debt refinancing last year, we are well-positioned to invest in the strategic growth and evolution of Lands' End and return capital to shareholders - all while maintaining a balanced approach to capital allocation moving forward.” The company currently has a market cap of $270.75M. Recommended For You More Trending News LE - Lands' End, Inc. Recommended For You More Trending News About LE Stock Related Stocks Trending Analysis Trending News Show less Read more
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