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LANDS' END, INC.（LE）与Tilray Brands, Inc.（TLRY）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Tilray Brands, Inc.的1.5倍（$317.5M vs $217.5M），LANDS' END, INC.净利率更高（1.6% vs -20.7%，领先22.3%），Tilray Brands, Inc.同比增速更快（3.1% vs 0.1%），过去两年Tilray Brands, Inc.的营收复合增速更高（7.5% 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。
Tilray Brands, Inc.是一家美国企业，主营医药、大麻生活方式产品以及包装消费品业务，公司注册于美国，总部坐落于纽约。该公司在加拿大、澳大利亚、新西兰、拉美地区均开展业务，同时在德国和葡萄牙拥有大麻种植基地。
LE vs TLRY — 直观对比
营收规模更大
LE
是对方的1.5倍
$217.5M
营收增速更快
TLRY
高出3.0%
0.1%
净利率更高
LE
高出22.3%
-20.7%
两年增速更快
TLRY
近两年复合增速
-0.9%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $217.5M |
| 净利润 | $5.2M | $-44.9M |
| 毛利率 | 51.8% | 26.4% |
| 营业利润率 | 5.3% | -10.2% |
| 净利率 | 1.6% | -20.7% |
| 营收同比 | 0.1% | 3.1% |
| 净利润同比 | 198.3% | 47.4% |
| 每股收益（稀释后） | $0.17 | $-0.41 |
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LETLRY
| Q4 25 | $317.5M | $217.5M | ||
| Q3 25 | — | $209.5M | ||
| Q2 25 | $261.2M | $224.5M | ||
| Q1 25 | — | $185.8M | ||
| Q4 24 | $318.6M | $210.9M | ||
| Q3 24 | $317.2M | $200.0M | ||
| Q2 24 | $285.5M | $229.9M | ||
| Q1 24 | $514.9M | $188.3M |
净利润LETLRY
| Q4 25 | $5.2M | $-44.9M | ||
| Q3 25 | — | $-322.0K | ||
| Q2 25 | $-8.3M | $-1.3B | ||
| Q1 25 | — | $-789.4M | ||
| Q4 24 | $-593.0K | $-85.3M | ||
| Q3 24 | $-5.3M | $-39.2M | ||
| Q2 24 | $-6.4M | $-31.7M | ||
| Q1 24 | $-8.6M | $-92.7M |
毛利率LETLRY
| Q4 25 | 51.8% | 26.4% | ||
| Q3 25 | — | 27.4% | ||
| Q2 25 | 50.8% | 30.1% | ||
| Q1 25 | — | 28.0% | ||
| Q4 24 | 50.6% | 29.0% | ||
| Q3 24 | 47.9% | 29.8% | ||
| Q2 24 | 48.7% | 35.8% | ||
| Q1 24 | 38.0% | 26.2% |
营业利润率LETLRY
| Q4 25 | 5.3% | -10.2% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | -0.9% | -643.1% | ||
| Q1 25 | — | -409.0% | ||
| Q4 24 | 2.9% | -20.0% | ||
| Q3 24 | 0.8% | -18.3% | ||
| Q2 24 | 0.8% | -7.2% | ||
| Q1 24 | 1.6% | -43.6% |
净利率LETLRY
| Q4 25 | 1.6% | -20.7% | ||
| Q3 25 | — | -0.2% | ||
| Q2 25 | -3.2% | -566.9% | ||
| Q1 25 | — | -424.9% | ||
| Q4 24 | -0.2% | -40.5% | ||
| Q3 24 | -1.7% | -19.6% | ||
| Q2 24 | -2.3% | -13.8% | ||
| Q1 24 | -1.7% | -49.2% |
每股收益（稀释后）LETLRY
| Q4 25 | $0.17 | $-0.41 | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | $-0.27 | $7.26 | ||
| Q1 25 | — | $-8.69 | ||
| Q4 24 | $-0.02 | $-0.99 | ||
| Q3 24 | $-0.17 | $-0.04 | ||
| Q2 24 | $-0.20 | $-0.04 | ||
| Q1 24 | $-0.27 | $-0.12 |
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 | $291.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $231.0M | $1.6B |
| 总资产 | $852.7M | $2.1B |
| 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LETLRY
| Q4 25 | $36.3M | $291.6M | ||
| Q3 25 | — | $264.8M | ||
| Q2 25 | $18.1M | $256.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | $30.4M | $252.2M | ||
| Q3 24 | $25.6M | $280.1M | ||
| Q2 24 | $27.4M | $260.5M | ||
| Q1 24 | $25.3M | $225.9M |
股东权益LETLRY
| Q4 25 | $231.0M | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $230.1M | $1.5B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | $223.6M | $3.5B | ||
| Q3 24 | $226.5M | $3.5B | ||
| Q2 24 | $234.6M | $3.4B | ||
| Q1 24 | $241.6M | $3.4B |
总资产LETLRY
| Q4 25 | $852.7M | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | $760.5M | $2.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | $843.6M | $4.2B | ||
| Q3 24 | $802.5M | $4.3B | ||
| Q2 24 | $800.1M | $4.2B | ||
| Q1 24 | $811.5M | $4.2B |
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 | $-8.5M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | — |
| 自由现金流率自由现金流/营收 | -7.1% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流LETLRY
| Q4 25 | $-15.7M | $-8.5M | ||
| Q3 25 | — | $-1.3M | ||
| Q2 25 | $-22.5M | $-12.8M | ||
| Q1 25 | — | $-5.8M | ||
| Q4 24 | $-17.1M | $-40.7M | ||
| Q3 24 | $30.7M | $-35.3M | ||
| Q2 24 | $-25.8M | $30.7M | ||
| Q1 24 | $93.9M | $-15.4M |
自由现金流LETLRY
| Q4 25 | $-22.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-30.7M | $-19.1M | ||
| Q1 25 | — | $-20.2M | ||
| Q4 24 | $-27.8M | $-46.2M | ||
| Q3 24 | $26.0M | $-42.0M | ||
| Q2 24 | $-32.6M | $21.0M | ||
| Q1 24 | $87.5M | $-24.9M |
自由现金流率LETLRY
| Q4 25 | -7.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -11.8% | -8.5% | ||
| Q1 25 | — | -10.9% | ||
| Q4 24 | -8.7% | -21.9% | ||
| Q3 24 | 8.2% | -21.0% | ||
| Q2 24 | -11.4% | 9.1% | ||
| Q1 24 | 17.0% | -13.2% |
资本支出强度LETLRY
| Q4 25 | 2.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.2% | 2.8% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | 3.3% | 2.6% | ||
| Q3 24 | 1.5% | 3.4% | ||
| Q2 24 | 2.4% | 4.2% | ||
| Q1 24 | 1.2% | 5.1% |
现金转化率LETLRY
| Q4 25 | -3.03× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
TLRY
| Adultuse Cannabis Products | $62.4M | 29% |
| Other | $59.2M | 27% |
| Beverage Alcohol Business | $53.6M | 25% |
| International Cannabis Products | $20.2M | 9% |
| Wellness Business | $14.6M | 7% |
| Medical Cannabis Products | $6.2M | 3% |
| Wholesale Cannabis Products | $1.3M | 1% |
