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Lands’ End(LE) - 2022 Q4 - Annual Report
2022-03-24 20:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | 10-K | FORM | | --- | --- | | ☒ Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 | | | For the fiscal year ended January 28, 2022 | | | -OR- | | | ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 | | | For the transition period from to to . | | | Commission File Number: 001-09769 | | | Lands' End, Inc. | | | (Exact name of registrant as specified in its char ...
Lands’ End(LE) - 2021 Q4 - Earnings Call Transcript
2022-03-16 15:37
Lands’ End, Inc. (NASDAQ:LE) Q4 2021 Earnings Conference Call March 16, 2022 8:30 AM ET Company Participants Jerome Griffith - CEO Jim Gooch - President & CFO Bernard McCracken - CAO Operator Good day, and welcome to the Land's End Fourth Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. As a reminder, this call is being recorded. I would now like to turn the call over to Bernard McCracken, Chief Accounting Officer. You may begin. Bernard McCracken Good morning ...
Lands' End (LE) presents at ICR Conference 2022 (Slideshow)
2022-01-11 19:30
ICR Conference January 2022 1 Forward Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties, including statements regarding the Company's long-term positioning and growth strategies and the expected benefits of those strategies; projected business by business segment and projected U.S. eCommerce sales by category; elements of the Company's sourcing strategy; sustainability goals; the expected impact of investments in digital and AI capabilities; expect ...
Lands’ End(LE) - 2022 Q3 - Quarterly Report
2021-12-02 21:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the quarterly period ended October 29, 2021 -OR- ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to to . Commission File Number: 001-09769 FORM 10-Q ☒ Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Lands' End, Inc. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation of Or ...
Lands’ End(LE) - 2021 Q3 - Earnings Call Transcript
2021-12-02 16:16
Lands' End, Inc. (NASDAQ:LE) Q3 2021 Earnings Conference Call December 2, 2021 8:30 AM ET Company Participants Bernard Mccracken – Chief Accounting Officer Jerome Griffith – Chief Executive Officer Jim Gooch – President and Chief Financial Officer Conference Call Participants Steven Morada – CL King Alex Fuhrman – Craig-Hallum Capital Dana Telsey – Telsey Advisory Group Operator Good day, and welcome to the Land's End Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a list ...
Lands’ End(LE) - 2022 Q2 - Quarterly Report
2021-09-02 20:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 (State or Other Jurisdiction of Incorporation of Organization) 1 Lands' End Lane Dodgeville, Wisconsin 53595 (Address of Principal Executive Offices) (Zip Code) (608) 935-9341 (Registrant's Telephone Number Including Area Code) For the quarterly period ended July 30, 2021 -OR- ☐ Transition report pursuant to section 13 or 15(d) of the Sec ...
Lands’ End(LE) - 2021 Q2 - Earnings Call Transcript
2021-09-02 15:00
Lands' End, Inc. (NASDAQ:LE) Q2 2021 Results Earnings Conference Call September 2, 2021 8:30 AM ET Company Participants Bernard McCracken - Chief Accounting Officer, Controller and Vice President Jerome Griffith - Chief Executive Officer Jim Gooch - President, Chief Financial Officer Conference Call Participants Alex Fuhrman - Craig-Hallum Capital Operator Thank you for standing by and welcome to the Lands' End second quarter 2021 earnings call. At this time, all participants are in listen-only mode. After ...
Lands’ End(LE) - 2022 Q1 - Quarterly Report
2021-06-02 20:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended April 30, 2021 Commission File Number: 001-09769 Lands' End, Inc. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation of Organization) 1 Lands' End Lane Dodgeville, Wisconsin 53595 (Address of Principal Executive Offices) (Zip Code) (608) 935-9341 (Registrant' ...
Lands’ End(LE) - 2021 Q1 - Earnings Call Transcript
2021-06-02 16:19
Financial Data and Key Metrics Changes - Total revenue for Q1 2021 was $321.3 million, representing a 48% increase from 2020 and a 22% increase from 2019 [16][21] - Adjusted EBITDA increased to $22.5 million, up from a loss of $11.6 million in 2020 and earnings of $3 million in 2019 [21] - Net income for the quarter was $2.6 million or $0.08 per share, compared to a net loss of $20.6 million or $0.64 per share in 2020 [21] Business Line Data and Key Metrics Changes - Global e-commerce revenue grew 44% year-over-year and 26% compared to 2019 [7][16] - U.S. e-commerce sales increased by 47% during the first quarter [11][17] - Revenue from third-party business rose to $11.8 million, a $10.3 million improvement compared to last year [18] Market Data and Key Metrics Changes - International e-commerce business saw a growth of 37%, with Europe increasing by 55% from 2020 [17][11] - The total global customer file expanded by 27% year-over-year, with new customer acquisition up by 71% [8][9] Company Strategy and Development Direction - The company is focused on four strategic pillars: product, digital, unit channel distribution, and infrastructure [6][25] - There is an emphasis on comfort and versatility in product offerings, with a strong performance in categories like swimwear and sleepwear [12][13] - The company plans to expand partnerships with Kohl's and Amazon, enhancing distribution and market reach [14][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing recovery and growth opportunities, particularly in the e-commerce sector [25][30] - The company anticipates a normalization of the school uniform business as schools reopen [38] - There is an expectation of continued strong growth in the Outfitters business, particularly in national accounts and leisure travel [19][29] Other Important Information - Gross margin increased to 46%, a 260 basis point improvement from 2020, driven by better promotional strategies and data analytics [20] - The company expects net revenue for Q2 2021 to be between $345 million and $355 million [23] - Full-year revenue estimates have been raised to between $1.61 billion and $1.65 billion [24] Q&A Session Summary Question: What is the outlook for work apparel as people return to workplaces? - Management noted a resurgence in the apparel industry with continued interest in comfort and versatility, expecting this trend to persist beyond 2021 [34] Question: How is the company managing gross margin amidst rising costs? - The improvement in gross margin is attributed to better sourcing and reduced promotional levels, allowing for more profitable sales [36] Question: What is the expectation for the uniform business recovery? - The school uniform business is expected to normalize this year, while national accounts are recovering faster than anticipated [38]
Lands’ End(LE) - 2021 Q4 - Annual Report
2021-03-25 21:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | FORM 10-K | | --- | | ☒ Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 | | For the fiscal year ended January 29, 2021 | | -OR- | | ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 | | For the transition period from to to . | | Commission File Number: 001-09769 | | Lands' End, Inc. | | (Exact name of registrant as specified in its charter) | | Delaware 36-2 ...