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Stock impact report

Lands' End Announces Preliminary First Quarter Fiscal 2020 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
Strong revenue and profit trends disrupted by mid-quarter effects of COVID-19Global eCommerce revenue grew double digits in May compared to the same period last yearProvided second quarter fiscal 2020 net revenue outlook DODGEVILLE, Wis., June 02, 2020 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced preliminary financial results for the first quarter ended May 1, 2020 and commented on its business trends.  Finalization of the results is pending the completion of the Company’s quarterly procedures and preparation and filing of its Quarterly Report on Form 10-Q, which will require additional time this quarter due to COVID-19.  First Quarter Fiscal 2020 Highlights: For the first quarter, net revenue decreased 17.3% to $217.0 million, compared to $262.4 million in the first quarter last year, due to decreased demand attributable to the COVID-19 pandemic. ° Net revenue grew 11.1% in February 2020 compared to prior year, reflecting str Show less Read more
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