Recent Updates — LE
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.
Peter L. Gray resigned from his positions as President of Lands’ End Licensing, Chief Administrative Officer, and General Counsel, effective July 9, 2026. The resignation applies to all roles held at any company subsidiary. Lands’ End, Inc. is a retailer of apparel and home products.
Lands' End, Inc. announced a leadership transition involving the appointment of Charlie Cole as Chief Executive Officer and Board member, effective July 13, 2026. Andrew McLean will resign from his CEO and Board roles on the same date. Mr. Cole's compensation package includes a $1,100,000 annual base salary, a $550,000 cash signing bonus, and sign-on equity awards valued at $1,250,000 each for RSUs and RSUs and options. Lands' End, Inc. is a retailer of apparel and home decor products.
Lands' End, Inc. announced its first quarter fiscal 2026 financial results for the period ended May 1, 2026, and scheduled a conference call to discuss its strategy following the closing of its joint venture transaction with WHP Global. The company is a retailer of apparel and accessories.