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Stock impact report

Lands' End Raises Second Quarter and Fiscal 2021 Guidance

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
DODGEVILLE, Wis., July 20, 2021 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today raised its guidance for both the second quarter ending July 30, 2021 and fiscal year ending January 28, 2022. Jerome Griffith, Lands’ End’s Chief Executive Officer, stated, “Following our strong financial results in the first quarter, we are very pleased with our performance in the second quarter-to-date, with results tracking ahead of our expectations. Our strong topline momentum continues, driven by our global eCommerce business, as well as a faster than anticipated recovery in our Outfitters business, primarily in National Accounts and school uniforms. Our gross margin continues to benefit from our improved promotional strategies and enhanced data analytics capabilities contributing to exceptional growth in adjusted EBITDA compared to both last year and pre-pandemic 2019 levels. Given the strength in our business, we are increasing our guidance for both the second quarter and the full year, Show less Read more
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