Lands' End Revises FY24 Net Revenue Outlook From $1.33B - $1.45B To $1.36B - $1.45B, Est $1.39B; Adjusted EPS From $0.10 - $0.38 To $0.18 - $0.41, Est $0.19
Portfolio Pulse from Benzinga Newsdesk
Lands' End has revised its FY24 net revenue outlook from $1.33B - $1.45B to $1.36B - $1.45B, with an estimated $1.39B. The company also adjusted its EPS forecast from $0.10 - $0.38 to $0.18 - $0.41, with an estimated $0.19.
June 05, 2024 | 10:55 am
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Lands' End has revised its FY24 net revenue outlook upwards from $1.33B - $1.45B to $1.36B - $1.45B, with an estimated $1.39B. The company also adjusted its EPS forecast from $0.10 - $0.38 to $0.18 - $0.41, with an estimated $0.19.
The upward revision in both net revenue and EPS outlooks suggests improved financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100