Lands' End Q2 EPS $(0.25) Misses $(0.11) Estimate, Sales $323.30M Miss $328.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lands' End reported Q2 losses of $0.25 per share, missing the analyst consensus estimate of $0.11 by 127.27%. This is a 257.14% increase in losses from the same period last year. The company also reported quarterly sales of $323.30 million, missing the analyst consensus estimate of $328.20 million by 1.49%. This is a 7.94% decrease in sales from the same period last year.
August 31, 2023 | 10:46 am
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NEGATIVE IMPACT
Lands' End reported larger than expected losses and lower than expected sales for Q2. This could negatively impact the company's stock price in the short term.
Lands' End reported larger than expected losses and lower than expected sales for Q2. This indicates that the company is not performing as well as expected, which could lead to a decrease in investor confidence and a drop in the company's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100