2024-04-01 12:16:28 ET
Summary
- Lands' End, Inc. stock has seen a 60% increase since a buy call in December 2023, suggesting investors lock in profits and consider a long-term position.
- The company has shown signs of improvement, with gross margin expansion and strong inventory management.
- Sales guidance for 2024 indicates a mid-single digit decline, but the company expects a winning year with positive net income and strong adjusted EBITDA.
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Close Lands' End Trade After 60% Gains, Use The House's Money