Lands' End Q1 Adj EPS $(0.20) Beats $(0.26) Estimate, Sales $285.47M Beat $269.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lands' End (NASDAQ:LE) reported Q1 adjusted EPS of $(0.20), beating the $(0.26) estimate, and sales of $285.47M, surpassing the $269.82M estimate. Despite beating estimates, both EPS and sales decreased compared to the same period last year.
June 05, 2024 | 10:47 am
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Lands' End reported better-than-expected Q1 adjusted EPS of $(0.20) and sales of $285.47M, beating analyst estimates. However, both EPS and sales declined compared to the same period last year.
The better-than-expected EPS and sales figures are positive short-term indicators for Lands' End's stock price. However, the year-over-year decline in both metrics may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100