Land's End's financial performance has been boosted by its focus on new products and fewer markdowns, as well as an improved inventory position. The company anticipates a 2024 profit of 3 to 32 cents a share, surpassing analyst estimates.
CFO prioritizes high-quality sales and improved cash flows for Lands' End, aiming for continued gross profit and margin expansion. Q1 revenue outlook is $255M to $285M with adjusted EBITDA of $9M to $11M.
Despite Lands' End's share price hike, its falling revenues and forecasts raise sustainability fears. Analysts advise prudence as dwindling revenues could hit future share prices.
Gapping up $Haverty Furniture (HVT.US)$+3.7% (The supermarket operator reported better than expected profit and sales for its latest quarter, and it raised its full-year forecast. Comparable store sales were up 6.9%, well above the 4% consensus estimate.) $Nutanix (NTNX.US)$+5.3% (A Bloomberg report saying$Hewlett Packard Enterprise (HPE.US)$has held takeover talks with the cloud computing company. The talks have been on and off, and ...
$Lands'End (LE.US)$Lands’ End — Lands’ End saw its shares sink more than 14% in early morning trading after reporting lower-than-expected third-quarter revenue. The apparel retailer posted revenue of $375.8 million versus the StreetAccount consensus estimate of $398 million. Lands’ End earned 22 cents per share, in line with projections. The company also issued fourth-quarter earnings and revenue guidance below expectations. $Dollar General (DG.US)$Dollar General — Dollar General shares fell 1.7% after the company revealed plans to open 1,000 Popshelf stores by the end of the 2025 fiscal year. The vision for Popshelf, aimed at wealthier suburban shoppers, was announced a year ago. There are currently 30 Popshelf stores in six states.
$Lands'End (LE.US)$Lands’ End expects more supply chain challenges as the holiday season approaches. Factory closures in Vietnam are making it hard for the retailer to accurately predict its holiday season.The retailer reported better-than-expected earnings on Thursday, but its stock fell as supply chain issues weighed on its outlook for the rest of the year. factories having products completed, not being able to book containers. Containers coming over on ships, but the ships not being able to get into harbors. And once they get into harbors, a lack of truckers driving goods from harbors to wherever they need to go ...
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Lands'End Stock Forum
$Haverty Furniture (HVT.US)$ +3.7% (The supermarket operator reported better than expected profit and sales for its latest quarter, and it raised its full-year forecast. Comparable store sales were up 6.9%, well above the 4% consensus estimate.)
$Nutanix (NTNX.US)$ +5.3% (A Bloomberg report saying $Hewlett Packard Enterprise (HPE.US)$ has held takeover talks with the cloud computing company. The talks have been on and off, and ...
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$Dollar General (DG.US)$ Dollar General — Dollar General shares fell 1.7% after the company revealed plans to open 1,000 Popshelf stores by the end of the 2025 fiscal year. The vision for Popshelf, aimed at wealthier suburban shoppers, was announced a year ago. There are currently 30 Popshelf stores in six states.
Factory closures in Vietnam are making it hard for the retailer to accurately predict its holiday season.The retailer reported better-than-expected earnings on Thursday, but its stock fell as supply chain issues weighed on its outlook for the rest of the year. factories having products completed, not being able to book containers. Containers coming over on ships, but the ships not being able to get into harbors. And once they get into harbors, a lack of truckers driving goods from harbors to wherever they need to go
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