Lands' End (LE) Tops Q2 EPS by 13c
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Lands' End Announces Second Quarter of Fiscal 2015 Results
September 3, 2015 6:44 AM EDTDODGEVILLE, Wis., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the second quarter ended July 31, 2015.
Second Quarter Summary:
Net revenue decreased 10.0% to $312.4 million from the second quarter last year. Changes in currency exchange rates negatively impacted Net revenue by approximately $8 million. The Direct segment decreased 9.5% to $264.7 million and the Retail segment decreased 12.9% to $47.6 million. Gross margin decreased 220 basis points to 46.3% from the second quarter last year. Net income decreased to $7.5 million from $11.8 million in the second quarter last year.... MoreLands' End Announces Second Quarter of Fiscal 2015 Results
September 3, 2015 6:44 AM EDTDODGEVILLE, Wis., Sept. 3, 2015 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the second quarter ended July 31, 2015.
Second Quarter Summary:
Net revenue decreased 10.0% to $312.4 million from the second quarter last year. Changes in currency exchange rates negatively impacted Net revenue by approximately $8 million. The Direct segment decreased 9.5% to $264.7 million and the Retail segment decreased 12.9% to $47.6 million. Gross margin decreased 220 basis points to 46.3% from the second quarter last year. Net income decreased to $7.5 million from $11.8 million in the second quarter last year.... More