Lands' End (LE) Misses Q2 EPS by 12c, SSS Fall 5.8%
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Lands' End Announces Second Quarter Fiscal 2018 Results
September 6, 2018 6:45 AM EDTDODGEVILLE, Wis., Sept. 06, 2018 (GLOBE NEWSWIRE) -- Lands' End, Inc. (NASDAQ: LE) today announced financial results for the second quarter ended August 3, 2018.
Second Quarter Fiscal 2018 Highlights:
Net revenue for the second quarter increased 1.9% to $307.9 million from $302.2 million in the second quarter last year. Direct segment net revenue increased 6.4% to $276.6 million, as compared to the same period last year. Retail segment net revenue decreased 25.8% to $31.3 million, primarily attributable to the reduction of 57 of our Lands' End Shops at Sears locations combined with... More