vs
LANDS' END, INC.（LE）与Thryv Holdings, Inc.（THRY）财务数据对比。点击上方公司名可切换其他公司
LANDS' END, INC.的季度营收约是Thryv Holdings, Inc.的1.9倍（$317.5M vs $167.7M），Thryv Holdings, Inc.净利率更高（2.7% vs 1.6%，领先1.1%），LANDS' END, INC.同比增速更快（0.1% vs -7.5%），Thryv Holdings, Inc.自由现金流更多（$-5.5M vs $-22.4M），过去两年LANDS' END, INC.的营收复合增速更高（-0.9% vs -13.5%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
LE vs THRY — 直观对比
营收规模更大
LE
是对方的1.9倍
$167.7M
营收增速更快
LE
高出7.6%
-7.5%
净利率更高
THRY
高出1.1%
1.6%
自由现金流更多
THRY
多$17.0M
$-22.4M
两年增速更快
LE
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $167.7M |
| 净利润 | $5.2M | $4.5M |
| 毛利率 | 51.8% | 65.2% |
| 营业利润率 | 5.3% | 37.3% |
| 净利率 | 1.6% | 2.7% |
| 营收同比 | 0.1% | -7.5% |
| 净利润同比 | 198.3% | 147.2% |
| 每股收益（稀释后） | $0.17 | $0.10 |
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
营收LETHRY
| Q1 26 | — | $167.7M | ||
| Q4 25 | $317.5M | $191.6M | ||
| Q3 25 | — | $201.6M | ||
| Q2 25 | $261.2M | $210.5M | ||
| Q1 25 | — | $181.4M | ||
| Q4 24 | $318.6M | $186.6M | ||
| Q3 24 | $317.2M | $179.9M | ||
| Q2 24 | $285.5M | $224.1M |
净利润LETHRY
| Q1 26 | — | $4.5M | ||
| Q4 25 | $5.2M | $-9.7M | ||
| Q3 25 | — | $5.7M | ||
| Q2 25 | $-8.3M | $13.9M | ||
| Q1 25 | — | $-9.6M | ||
| Q4 24 | $-593.0K | $7.9M | ||
| Q3 24 | $-5.3M | $-96.1M | ||
| Q2 24 | $-6.4M | $5.5M |
毛利率LETHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | 51.8% | 68.0% | ||
| Q3 25 | — | 67.7% | ||
| Q2 25 | 50.8% | 69.7% | ||
| Q1 25 | — | 65.8% | ||
| Q4 24 | 50.6% | 65.9% | ||
| Q3 24 | 47.9% | 62.3% | ||
| Q2 24 | 48.7% | 66.3% |
营业利润率LETHRY
| Q1 26 | — | 37.3% | ||
| Q4 25 | 5.3% | 5.3% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | -0.9% | 14.0% | ||
| Q1 25 | — | -1.7% | ||
| Q4 24 | 2.9% | -3.9% | ||
| Q3 24 | 0.8% | -49.2% | ||
| Q2 24 | 0.8% | 14.0% |
净利率LETHRY
| Q1 26 | — | 2.7% | ||
| Q4 25 | 1.6% | -5.0% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | -3.2% | 6.6% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | -0.2% | 4.2% | ||
| Q3 24 | -1.7% | -53.4% | ||
| Q2 24 | -2.3% | 2.5% |
每股收益（稀释后）LETHRY
| Q1 26 | — | $0.10 | ||
| Q4 25 | $0.17 | $-0.21 | ||
| Q3 25 | — | $0.13 | ||
| Q2 25 | $-0.27 | $0.31 | ||
| Q1 25 | — | $-0.22 | ||
| Q4 24 | $-0.02 | $0.28 | ||
| Q3 24 | $-0.17 | $-2.65 | ||
| Q2 24 | $-0.20 | $0.15 |
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 | $8.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $231.0M | $225.4M |
| 总资产 | $852.7M | $693.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LETHRY
| Q1 26 | — | $8.0M | ||
| Q4 25 | $36.3M | $10.8M | ||
| Q3 25 | — | $11.6M | ||
| Q2 25 | $18.1M | $10.8M | ||
| Q1 25 | — | $11.0M | ||
| Q4 24 | $30.4M | $16.3M | ||
| Q3 24 | $25.6M | $12.5M | ||
| Q2 24 | $27.4M | $15.5M |
总债务LETHRY
| Q1 26 | — | — | ||
| Q4 25 | — | $253.5M | ||
| Q3 25 | — | $268.2M | ||
| Q2 25 | — | $275.6M | ||
| Q1 25 | — | $299.0M | ||
| Q4 24 | — | $284.3M | ||
| Q3 24 | — | $307.8M | ||
| Q2 24 | — | $342.1M |
股东权益LETHRY
| Q1 26 | — | $225.4M | ||
| Q4 25 | $231.0M | $218.1M | ||
| Q3 25 | — | $221.1M | ||
| Q2 25 | $230.1M | $214.9M | ||
| Q1 25 | — | $193.2M | ||
| Q4 24 | $223.6M | $196.9M | ||
| Q3 24 | $226.5M | $94.5M | ||
| Q2 24 | $234.6M | $183.1M |
总资产LETHRY
| Q1 26 | — | $693.7M | ||
| Q4 25 | $852.7M | $688.6M | ||
| Q3 25 | — | $701.8M | ||
| Q2 25 | $760.5M | $687.7M | ||
| Q1 25 | — | $703.7M | ||
| Q4 24 | $843.6M | $712.2M | ||
| Q3 24 | $802.5M | $654.8M | ||
| Q2 24 | $800.1M | $785.5M |
负债/权益比LETHRY
| Q1 26 | — | — | ||
| Q4 25 | — | 1.16× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 3.26× | ||
| Q2 24 | — | 1.87× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $-5.5M |
| 自由现金流率自由现金流/营收 | -7.1% | -3.3% |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 现金转化率经营现金流/净利润 | -3.03× | — |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $43.3M |
8季度趋势，按日历期对齐
经营现金流LETHRY
| Q1 26 | — | — | ||
| Q4 25 | $-15.7M | $22.2M | ||
| Q3 25 | — | $22.2M | ||
| Q2 25 | $-22.5M | $29.6M | ||
| Q1 25 | — | $-10.5M | ||
| Q4 24 | $-17.1M | $26.1M | ||
| Q3 24 | $30.7M | $36.0M | ||
| Q2 24 | $-25.8M | $22.2M |
自由现金流LETHRY
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $-22.4M | $12.3M | ||
| Q3 25 | — | $14.6M | ||
| Q2 25 | $-30.7M | $21.8M | ||
| Q1 25 | — | $-17.6M | ||
| Q4 24 | $-27.8M | $17.3M | ||
| Q3 24 | $26.0M | $27.5M | ||
| Q2 24 | $-32.6M | $13.3M |
自由现金流率LETHRY
| Q1 26 | — | -3.3% | ||
| Q4 25 | -7.1% | 6.4% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | -11.8% | 10.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | -8.7% | 9.3% | ||
| Q3 24 | 8.2% | 15.3% | ||
| Q2 24 | -11.4% | 5.9% |
资本支出强度LETHRY
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 5.2% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | 3.2% | 3.7% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | 3.3% | 4.7% | ||
| Q3 24 | 1.5% | 4.7% | ||
| Q2 24 | 2.4% | 4.0% |
现金转化率LETHRY
| Q1 26 | — | — | ||
| Q4 25 | -3.03× | — | ||
| Q3 25 | — | 3.93× | ||
| Q2 25 | — | 2.12× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.32× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
