Lands’ End reported second quarter fiscal 2026 net revenue of $302.0 million, up 2.7% year-over-year, driven by a 9.0% increase in U.S. eCommerce sales to $182.4 million and a 4.4% rise in Outfitters revenue to $69.3 million. Gross margin expanded approximately 320 basis points to 52.0%, aided by IEEPA tariff refunds, while net income turned positive at $3.5 million ($0.11 diluted EPS) compared to a prior-year loss of $3.7 million. The company repurchased $10.5 million in common stock and reduced debt following the WHP Global transaction. Management provided updated full-year fiscal 2026 guidance, projecting net revenue between $1.30 billion and $1.35 billion and adjusted EPS between $0.44 and $0.72. Lands’ End operates as a digital retailer of apparel, home products, and uniforms.
