Did Lands’ End Just Become a Must-Buy Retail Stock?

Quick Read Lands’ End (LE) received $300M from WHP Global for 50% of a joint venture. Most proceeds repay its $234M term loan. Lands’ End will pay minimum $50M annual royalties to the joint venture. This expense could pressure margins if growth disappoints. The stock jumped 33% from around $14 before the deal. The surge reduces margin of safety for new investors. Investors rethink ‘hands off’ investing and decide to start making real money Lands' End (NASDAQ:LE) stock jumped over 33% in early tra ...