LE - Lands' End GAAP EPS of -$0.07 beats by $0.03 revenue of $303.7M

Lands' End press release (NASDAQ:LE): Q1 GAAP EPS of -$0.07 beats by $0.03. Revenue of $303.7M (-5.5% Y/Y). For the second quarter of fiscal 2022 the Company expects: Net revenue to be between $335.0 million and $350.0 million vs. $398.47M consensus Net loss to be between $(6.0) million and $(3.0) million and diluted loss per share to be between $(0.18) and $(0.09). Adjusted EBITDA in the range of $10.0 million to $14.0 million. For fiscal 2022 the Company expects: Net revenue to be between $1.62 billion and $1.68 billion vs. $1.71B consensus. Net income to be between $20.0 million and $29.0 million, and diluted earnings per share to be between $0.60 and $0.88 vs. $0.83 consensus. Adjusted EBITDA in the range of $100.0 million to $112.0 million. Capital expenditures of approximately $37.0 million.

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Lands' End GAAP EPS of -$0.07 beats by $0.03, revenue of $303.7M