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LANDS' END, INC.（LE）与Natural Grocers by Vitamin Cottage, Inc.（NGVC）财务数据对比。点击上方公司名可切换其他公司
Natural Grocers by Vitamin Cottage, Inc.的季度营收约是LANDS' END, INC.的1.1倍（$335.6M vs $317.5M），Natural Grocers by Vitamin Cottage, Inc.净利率更高（3.4% vs 1.6%，领先1.8%），Natural Grocers by Vitamin Cottage, Inc.同比增速更快（1.6% vs 0.1%），Natural Grocers by Vitamin Cottage, Inc.自由现金流更多（$11.6M vs $-22.4M），过去两年Natural Grocers by Vitamin Cottage, Inc.的营收复合增速更高（4.4% vs -0.9%）
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
Natural Grocers by Vitamin Cottage, Inc.是美国本土的特色零售连锁企业，主营认证有机食品、膳食补充剂、天然个护及环保家居类产品，面向健康意识较强的消费群体，门店覆盖美国多州，执行严格品控标准，拒绝售卖含人工添加剂的商品。
LE vs NGVC — 直观对比
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $335.6M |
| 净利润 | $5.2M | $11.3M |
| 毛利率 | 51.8% | 29.5% |
| 营业利润率 | 5.3% | 4.4% |
| 净利率 | 1.6% | 3.4% |
| 营收同比 | 0.1% | 1.6% |
| 净利润同比 | 198.3% | 14.0% |
| 每股收益（稀释后） | $0.17 | $0.49 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $317.5M | $335.6M | ||
| Q3 25 | — | $336.1M | ||
| Q2 25 | $261.2M | $328.7M | ||
| Q1 25 | — | $335.8M | ||
| Q4 24 | $318.6M | $330.2M | ||
| Q3 24 | $317.2M | $322.7M | ||
| Q2 24 | $285.5M | $309.1M | ||
| Q1 24 | $514.9M | $308.1M |
| Q4 25 | $5.2M | $11.3M | ||
| Q3 25 | — | $11.8M | ||
| Q2 25 | $-8.3M | $11.6M | ||
| Q1 25 | — | $13.1M | ||
| Q4 24 | $-593.0K | $9.9M | ||
| Q3 24 | $-5.3M | $9.0M | ||
| Q2 24 | $-6.4M | $9.2M | ||
| Q1 24 | $-8.6M | $8.0M |
| Q4 25 | 51.8% | 29.5% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | 50.8% | 29.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | 50.6% | 29.9% | ||
| Q3 24 | 47.9% | 29.6% | ||
| Q2 24 | 48.7% | 29.2% | ||
| Q1 24 | 38.0% | 29.3% |
| Q4 25 | 5.3% | 4.4% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | -0.9% | 4.7% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | 2.9% | 4.0% | ||
| Q3 24 | 0.8% | 3.7% | ||
| Q2 24 | 0.8% | 4.2% | ||
| Q1 24 | 1.6% | 3.7% |
| Q4 25 | 1.6% | 3.4% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | -3.2% | 3.5% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | -0.2% | 3.0% | ||
| Q3 24 | -1.7% | 2.8% | ||
| Q2 24 | -2.3% | 3.0% | ||
| Q1 24 | -1.7% | 2.6% |
| Q4 25 | $0.17 | $0.49 | ||
| Q3 25 | — | $0.51 | ||
| Q2 25 | $-0.27 | $0.50 | ||
| Q1 25 | — | $0.56 | ||
| Q4 24 | $-0.02 | $0.43 | ||
| Q3 24 | $-0.17 | $0.38 | ||
| Q2 24 | $-0.20 | $0.40 | ||
| Q1 24 | $-0.27 | $0.35 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $36.3M | $23.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $231.0M | $220.0M |
| 总资产 | $852.7M | $668.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $36.3M | $23.2M | ||
| Q3 25 | — | $17.1M | ||
| Q2 25 | $18.1M | $13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | $30.4M | $6.3M | ||
| Q3 24 | $25.6M | $8.9M | ||
| Q2 24 | $27.4M | $13.9M | ||
| Q1 24 | $25.3M | $11.0M |
| Q4 25 | $231.0M | $220.0M | ||
| Q3 25 | — | $212.4M | ||
| Q2 25 | $230.1M | $202.5M | ||
| Q1 25 | — | $193.0M | ||
| Q4 24 | $223.6M | $181.9M | ||
| Q3 24 | $226.5M | $174.3M | ||
| Q2 24 | $234.6M | $167.8M | ||
| Q1 24 | $241.6M | $160.0M |
| Q4 25 | $852.7M | $668.6M | ||
| Q3 25 | — | $670.5M | ||
| Q2 25 | $760.5M | $659.0M | ||
| Q1 25 | — | $664.6M | ||
| Q4 24 | $843.6M | $648.9M | ||
| Q3 24 | $802.5M | $655.5M | ||
| Q2 24 | $800.1M | $654.4M | ||
| Q1 24 | $811.5M | $656.6M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-15.7M | $21.1M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $11.6M |
| 自由现金流率自由现金流/营收 | -7.1% | 3.4% |
| 资本支出强度资本支出/营收 | 2.1% | 2.9% |
| 现金转化率经营现金流/净利润 | -3.03× | 1.86× |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $42.6M |
8季度趋势，按日历期对齐
| Q4 25 | $-15.7M | $21.1M | ||
| Q3 25 | — | $15.6M | ||
| Q2 25 | $-22.5M | $2.9M | ||
| Q1 25 | — | $34.1M | ||
| Q4 24 | $-17.1M | $2.7M | ||
| Q3 24 | $30.7M | $24.5M | ||
| Q2 24 | $-25.8M | $12.4M | ||
| Q1 24 | $93.9M | $20.2M |
| Q4 25 | $-22.4M | $11.6M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | $-30.7M | $-4.2M | ||
| Q1 25 | — | $27.6M | ||
| Q4 24 | $-27.8M | $-6.9M | ||
| Q3 24 | $26.0M | $18.0M | ||
| Q2 24 | $-32.6M | $3.6M | ||
| Q1 24 | $87.5M | $9.8M |
| Q4 25 | -7.1% | 3.4% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | -11.8% | -1.3% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | -8.7% | -2.1% | ||
| Q3 24 | 8.2% | 5.6% | ||
| Q2 24 | -11.4% | 1.2% | ||
| Q1 24 | 17.0% | 3.2% |
| Q4 25 | 2.1% | 2.9% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | 3.2% | 2.2% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 3.3% | 2.9% | ||
| Q3 24 | 1.5% | 2.0% | ||
| Q2 24 | 2.4% | 2.9% | ||
| Q1 24 | 1.2% | 3.4% |
| Q4 25 | -3.03× | 1.86× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 2.60× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 2.72× | ||
| Q2 24 | — | 1.35× | ||
| Q1 24 | — | 2.54× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
