LANDS' END, INC.LEEarnings & Financial Report
Lands' End, Inc. is an American retailer of clothing, baggage, and furniture which began as a mail-order yachting supply company in 1963 in Chicago. The company is named after Land's End; after promotional materials were printed, the founder noticed the typographical error in the location of the apostrophe, but could not afford to reprint the material. The company operates 26 domestic stores as of February 2024. Lands' End is headquartered in Dodgeville, Wisconsin.
Revenue
$261.2M
Gross Profit
$132.7M
Operating Profit
$-2.4M
Net Profit
$-8.3M
Gross Margin
50.8%
Operating Margin
-0.9%
Net Margin
-3.2%
YoY Growth
-8.5%
EPS
$-0.27
LANDS' END, INC. Q1 FY2026 Financial Summary
LANDS' END, INC. reported revenue of $261.2M (down 8.5% YoY) for Q1 FY2026, with a net profit of $-8.3M (down 28.3% YoY) (-3.2% margin). Cost of goods sold was $128.5M, operating expenses totaled $135.1M.
Key Financial Metrics
| Total Revenue | $261.2M |
|---|---|
| Net Profit | $-8.3M |
| Gross Margin | 50.8% |
| Operating Margin | -0.9% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
LANDS' END, INC. Q1 FY2026 revenue of $261.2M breaks down across 5 segments, led by U Se Commerce at $170.7M (65.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| U Se Commerce | $170.7M | 65.4% |
| Business Outfitters Revenue | $42.9M | 16.4% |
| Europe E Commerce | $17.9M | 6.8% |
| Licensing And Retail | $15.6M | 6.0% |
| Third Party | $14.1M | 5.4% |
LANDS' END, INC. Revenue by Segment — Quarterly Trend
LANDS' END, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as U Se Commerce and Business Outfitters Revenue) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q1 FY2026 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| U Se Commerce | $179.8M | $170.7M | $186.1M | $188.3M |
| Business Outfitters Revenue | $78.8M | $42.9M | $73.4M | $63.2M |
| Europe E Commerce | — | $17.9M | — | — |
| Licensing And Retail | $20.2M | $15.6M | — | — |
| Third Party | $18.9M | $14.1M | $25.5M | $30.1M |
LANDS' END, INC. Annual Revenue by Year
LANDS' END, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.5B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.5B |
| 2023 | $1.6B |
| 2022 | $1.6B |
LANDS' END, INC. Quarterly Revenue & Net Profit History
LANDS' END, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $317.5M | +0.1% | $5.2M | 1.6% |
| Q1 FY2026 | $261.2M | -8.5% | $-8.3M | -3.2% |
| Q3 FY2025 | $318.6M | +0.0% | $-593.0K | -0.2% |
| Q2 FY2025 | $317.2M | -2.3% | $-5.3M | -1.7% |
| Q1 FY2025 | $285.5M | -11.7% | $-6.4M | -2.3% |
| Q4 FY2024 | $514.9M | +66.3% | $-8.6M | -1.7% |
| Q3 FY2024 | $324.7M | -12.5% | $-112.4M | -34.6% |
| Q2 FY2024 | $323.4M | -7.9% | $-8.0M | -2.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $323.4M | $324.7M | $514.9M | $285.5M | $317.2M | $318.6M | $261.2M | $317.5M |
| YoY Growth | -7.9% | -12.5% | 66.3% | -11.7% | -2.3% | 0.0% | -8.5% | 0.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.01B | $947.6M | $811.5M | $800.1M | $802.5M | $843.6M | $760.5M | $852.7M |
| Liabilities | $648.7M | $696.7M | $569.9M | $565.5M | $576.0M | $619.9M | $530.4M | $621.6M |
| Equity | $365.8M | $250.9M | $241.6M | $234.6M | $226.5M | $223.6M | $230.1M | $231.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $65.6M | $-18.2M | $93.9M | $-25.8M | $30.7M | $-17.1M | $-22.5M | $-15.7M |