Lands' End, Inc. operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniforms in the United States, Europe, and internationally. The company operates through U.S. eCommerce, Europe eCommerce, Outfitters, Third Party, Licensing, and Retail segments. It also sells uniform and logo apparel to businesses and their employees, and student households; and earns royalties on the use of Lands' End trademark. The company sells its products through its e-commerce websites and company operated stores, as well as through third party distribution channels under the Lands' End, Lands' End Lighthouse, Squall, Tugless Tank, Drifter, Outrigger, Marinac, Wanderweight, Beach Living, Supima, No-Gape, Anyweather, Waveshaper, Starfish, Little Black Suit, Iron Knees, Hyde Park, Year'Rounder, ClassMate, Willis & Geiger, and ThermaCheck brands. Lands' End, Inc. was founded in 1963 and is headquartered in Dodgeville, Wisconsin.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $1.3B | $75M | $6M | $20M | 2.3% | -2.0% | -11.6% |
| 2025 | $1.4B | $85M | $6M | $15M | 2.6% | -7.4% | - |
| 2024 | $1.5B | $-45M | $-131M | $96M | -54.1% | -5.3% | - |
| 2023 | $1.6B | $64M | $-13M | $-68M | -3.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total Revenue | 1,555.43 | 1,472.51 | 1,362.93 | 1,335.15 |
| Cost Of Revenue | 961.66 | 846.98 | 709.59 | 684.98 |
| Gross Profit | 593.77 | 625.53 | 653.35 | 650.17 |
| Operating Expense | 569.04 | 596.34 | 602.39 | 605.90 |
| Operating Income | 24.73 | 29.18 | 50.96 | 44.27 |
| EBITDA | 63.83 | -45.06 | 84.71 | 74.64 |
| EBIT | 25.09 | -83.53 | 50.94 | 44.47 |
| Pretax Income | -14.68 | -131.82 | 10.50 | 7.75 |
| Tax Provision | -2.15 | -1.13 | 4.26 | 2.24 |
| Net Income | -12.53 | -130.68 | 6.23 | 5.51 |
| Net Income Common Stockholders | -12.53 | -130.68 | 6.23 | 5.51 |
| Total Expenses | 1,530.70 | 1,443.32 | 1,311.98 | 1,290.88 |
| Interest Expense | 39.77 | 48.29 | 40.44 | 36.72 |
| Selling General And Administration | 527.37 | 550.21 | 561.80 | 561.15 |
| Normalized EBITDA | 63.83 | 68.31 | 84.71 | 74.64 |
| Normalized Income | -12.53 | -18.34 | 6.23 | 5.51 |
| Basic EPS | -0.38 | -4.09 | 0.20 | 0.18 |
| Diluted EPS | -0.38 | -4.09 | 0.20 | 0.18 |
| Tax Effect Of Unusual Items | 0 | -1.02 | 0 | 0 |
| Tax Rate For Calcs | 0.15 | 0.01 | 0.21 | 0.29 |
| Total Unusual Items | 0 | -113.37 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | 0 | -113.37 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | -12.53 | -130.68 | 6.23 | 5.51 |
| Reconciled Depreciation | 38.74 | 38.47 | 33.77 | 30.17 |
| Reconciled Cost Of Revenue | 961.66 | 846.98 | 709.59 | 684.98 |
| Net Interest Income | -39.77 | -48.29 | -40.44 | -36.72 |
| Net Income From Continuing And Discontinued Operation | -12.53 | -130.68 | 6.23 | 5.51 |
| Total Operating Income As Reported | 24.73 | -77.52 | 50.96 | 44.27 |
| Diluted Average Shares | 33.11 | 31.97 | 31.66 | 31.03 |
| Basic Average Shares | 33.11 | 31.97 | 31.21 | 30.68 |
| Diluted NI Availto Com Stockholders | -12.53 | -130.68 | 6.23 | 5.51 |
| Net Income Including Noncontrolling Interests | -12.53 | -130.68 | 6.23 | 5.51 |
| Net Income Continuous Operations | -12.53 | -130.68 | 6.23 | 5.51 |
| Other Income Expense | 0.36 | -112.71 | -0.02 | 0.20 |
| Other Non Operating Income Expenses | 0.36 | 0.66 | -0.02 | 0.20 |
| Special Income Charges | 0 | -113.37 | 0 | 0 |
| Other Special Charges | 0 | 6.67 | 0 | 0 |
| Impairment Of Capital Assets | 0 | 106.70 | 0 | 0 |
| Net Non Operating Interest Income Expense | -39.77 | -48.29 | -40.44 | -36.72 |
| Interest Expense Non Operating | 39.77 | 48.29 | 40.44 | 36.72 |
| Other Operating Expenses | 2.93 | 7.67 | 6.81 | 14.58 |
| Depreciation Amortization Depletion Income Statement | 38.74 | 38.47 | 33.77 | 30.17 |
| Depreciation And Amortization In Income Statement | 38.74 | 38.47 | 33.77 | 30.17 |
| Operating Revenue | 1,555.43 | 1,472.51 | 1,362.93 | 1,335.15 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Lands' End, Inc.this co. | LE | $338M | 61.00β premium | 1.37 | 2.3% | 6.38 |
| Dine Brands Global, Inc. | DIN | $356M | 24.61 | -1.33 | -6.2% | 9.80 |
| Haverty Furniture Companies, Inc. | HVT | $353M | 18.32 | 1.14 | 6.4% | 9.74 |
| Xponential Fitness, Inc. | XPOF | $340M | - | -0.83 | 9.1% | 6.83 |
| Ranpak Holdings Corp. | PACK | $337M |
| - |
| 0.62 |
| -7.2% |
| 12.83 |
| Barnes & Noble Education, Inc. | BNED | $334M | - | 1.15 | -24.2% | 10.34 |
| Weyco Group, Inc. | WEYS | $319M | 13.90 | 1.32 | 9.6% | 7.16 |
| Hyliion Holdings Corp. | HYLN | $319M | - | 1.65 | -29.8% | -3.90 |
| Kingsway Financial Services Inc. | KFS | $319M | - | 21.00 | -31.2% | 132.56 |
| Peer Median | - | 18.32 | 1.15 | -6.7% | 9.77 | |