LE - Lands' End Non-GAAP EPS of -$0.18 in-line, revenue of $261.2M misses by $11.4M
2025-06-05 06:47:37 ET
- Lands' End press release ( NASDAQ: LE ): Q1 Non-GAAP EPS of -$0.18 in-line.
- Revenue of $261.2M (-8.5% Y/Y) misses by $11.4M .
- Gross Merchandise Value (“GMV”) increased by low-single digits excluding the $12.7 million impact of transitioning kids and footwear inventory to licensees during the first quarter of fiscal 2024. Including this impact, GMV was modestly lower year-over-year. GMV is total order value of all Lands’ End branded merchandise sold to customers through business-to-consumer and business-to-business channels, as well as the estimated retail value of the merchandise sold through third party distribution channels.
For fiscal 2025 the Company continues to expect:...
- Gross Merchandise Value to deliver mid-to-high single digits percentage growth.
- Net revenue to be between $1.33 billion and $1.45 billion.
- Net income to be between $8.0 million and $20.0 million and diluted earnings per share to be between $0.25 and $0.64.
- Adjusted net income to be between $15.0 million and $27.0 million and Adjusted diluted earnings per share to be between $0.48 and $0.86.
- Adjusted EBITDA in the range of $95.0 million to $107.0 million.
For the full-year, the Company’s guidance includes approximately $25.0 million of capital expenditures.