Lands' End Expects Q2 Net Revenue Of $290M - $320M, Est $308.52M; Adjusted EPS Of $(0.14) - $(0.06), Est $(0.09)
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Lands' End has provided its financial expectations for Q2 of fiscal 2024, forecasting net revenue between $290M and $320M, with an adjusted EPS ranging from $(0.14) to $(0.06). The company also expects a net loss between $8.5M and $6.0M, and adjusted EBITDA between $14.0M and $17.0M.
June 05, 2024 | 10:51 am
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Lands' End has provided its Q2 fiscal 2024 financial expectations, with net revenue projected between $290M and $320M, and adjusted EPS between $(0.14) and $(0.06). The company also anticipates a net loss between $8.5M and $6.0M, and adjusted EBITDA between $14.0M and $17.0M.
The financial expectations provided by Lands' End are mixed, with revenue projections slightly above estimates but adjusted EPS indicating a loss. This could result in a neutral short-term impact on the stock price as investors weigh the positive revenue growth against the expected losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100