Lands' End Lifts Annual Profit Guidance Despite Revenue Setbacks: Details
Lands' End Lifts Annual Profit Guidance Despite Revenue Setbacks: Details
Outfitters net revenue was $63.2 million, a decrease of 7.1% Y/Y. Third-party net revenue was $30.1 million, an increase of 23.4% Y/Y in the quarter.Lands' End, Inc. (NASDAQ:LE) shares are trading higher after the company reported second-quarter earnings results.
Lands' End, Inc.（納斯達克股票代碼：LE）股價上漲，因該公司公佈了第二季度盈利結果。
Net revenue was $317.2 million, beating the analyst consensus of $307.41 million. Adjusted loss per share of $0.02 exceeded the street view of $0.11 loss.
淨營業收入爲31720萬美元，超過了分析師的共識（30741萬美元）。調整後每股虧損爲0.02美元，超過了街道預期的虧損0.11美元。
Global eCommerce Net revenue was $211.3 million, a decrease from $218.7 million a year ago quarter.
全球電子商務淨營業收入爲21130萬美元，較去年同期的21870萬美元下降。
Outfitters net revenue was $63.2 million, a decrease of 7.1% Y/Y. Third-party net revenue was $30.1 million, an increase of 23.4% Y/Y in the quarter.
Outfitters淨營業收入爲6320萬美元，同比下降7.1%。第三方淨營業收入爲3010萬美元，同比增長23.4%。
Gross profit increased 8.8% to $151.9 million, with gross margin rising by around 470 basis points Y/Y to 47.9%. The gross margin improved mainly due to strength in product solutions and new offerings across channels, reduced promotional activity, lower clearance inventory, and improved supply chain costs.
毛利潤增長8.8%，達到15190萬美元，毛利率同比提高了約470個點子，達到47.9%。毛利潤的提高主要是由於產品解決方案和渠道創新、促銷活動減少、清理存貨減少和供應鏈成本改善。
In the second quarter of fiscal 2024, the company bought back $3.7 million worth of its common stock under the share repurchase program announced on March 15, 2024.
在2024財年第二季度，該公司根據於2024年3月15日公佈的回購計劃，回購了價值370萬美元的普通股。
As of August 2, the program allows for up to $20.3 million in additional stock repurchases through March 31, 2026. As of August 2, 2024, cash and cash equivalents totaled $27.9 million.
截至2024年8月2日，該計劃允許通過2026年3月31日進行多達2030萬美元的額外股票回購。截至2024年8月2日，現金及現金等價物總計2790萬美元。
Outlook: Lands' End expects third-quarter revenue of $300 million – $340 million versus the $312.85 million estimate and adjusted EPS of $0.00 – $0.10 (vs. estimate of $0.04).
展望：Lands' End預計第三季度營收爲30000萬美元至34000萬美元，預計調整後每股收益爲0.00美元至0.10美元（市場預期爲0.04美元）。
Lands' End cuts FY24 revenue outlook to $1.35 billion – $1.43 billion (vs. estimate of $1.399 billion) from $1.36 billion – $1.45 billion.
Lands' End將FY24年營業收入展望下調至13.5億 - 14.3億美元（預估爲13.99億美元），從13.6億 - 14.5億美元。
The company raised its adjusted EPS forecast to $0.29 – $0.48 (vs. estimate $0.33) from $0.18 – $0.41.
該公司將其調整後的每股收益預測上調至0.29 - 0.48美元（對比預估0.33美元），從0.18 - 0.41美元。
Bernie McCracken, Chief Financial Officer, said, "We are pleased with our performance during the quarter, which resulted in Net revenue and Adjusted EBITDA at the high end of our guidance range and strong growth in Gross Merchandise Value."
貝尼·麥克拉肯，致富金融（臨時代碼）官稱：「我們對本季度的表現感到滿意，導致淨收入和調整後稅息折舊攤銷前利潤位於我們指導區間的高端，商品總價值增長強勁。」
"Additionally, our deliberate efforts to prioritize profitability and balance sheet efficiency is evidenced by a 9% increase in gross profit, driven by our sixth consecutive quarter of gross margin expansion."
此外，我們有意爲之的努力優化盈利能力和資產負債表效率，體現在毛利潤增長9%，受益於我們連續第六個季度的毛利率擴張。
Price Action: LE shares are up 1.46% at $15.33 at the last check Thursday.
股價走勢：LE股票在上週四最後一次查詢時上漲1.46%，報15.33美元。
Photo via Wikimedia Commons
照片通過Wikimedia Commons
- Jim Cramer: Oklo Is Losing Money 'Hand-Over-Fist,' But This Private Equity Stock Is A Buy
- 吉姆·克雷默：Oklo正在大筆資金虧損中，但這家股權投資公司值得買入
