Lands' End (LE) reported Q1 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $303.7 million versus the consensus estimate of $328 million.
GUIDANCE:
Lands' End sees Q2 2022 revenue of $335-350 million, versus the consensus of $398 million.
- 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.
Lands' End sees FY2022 revenue of $1.62-1.68 billion, versus the consensus of $1.71 billion.
- 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.
- Adjusted EBITDA in the range of $100.0 million to $112.0 million.
- Capital expenditures of approximately $37.0 million.