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Stock impact report

Why Lands' End Inc. Stock Skyrocketed Today [The Motley Fool]

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: The Motley Fool
Shares of the apparel retailer jumped on a better-than-expected earnings report. Jeremy Bowman ( TMFHobo ) Jun 12, 2018 at 5:33PM What happened Shares of  Lands' End  ( NASDAQ:LE ) soared today after the apparel and outdoor retailer delivered a narrower loss than expected in its first-quarter earnings report and said it would move further away from  former parent   Sears Holdings  ( NASDAQ:SHLD ) , which appears to be failing. As a result, the stock closed the day up 27.2%. Image source: Getty Images. So what Lands' End is still struggling to emerge from Sears' shadow as same-store sales plunged 18.9%, falling 20.4% at locations within Sears stores and 9.9% elsewhere.  However, direct-to-consumer revenue, which makes up the bulk of the business, increased 19.7%, driving 11.7% growth in total revenue to $299.8 million, which easily be Show less Read more
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