Lands' End Q2 2024 Adj EPS $(0.02) Beats $(0.11) Estimate, Sales $317.17M Beat $307.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lands' End reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.02), beating the $(0.11) estimate, and sales of $317.17M, surpassing the $307.41M estimate. Despite the positive surprise, sales decreased by 1.91% compared to the same period last year.
September 05, 2024 | 10:46 am
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POSITIVE IMPACT
Lands' End reported a smaller-than-expected loss for Q2 2024, with EPS of $(0.02) beating the $(0.11) estimate. Sales also exceeded expectations at $317.17M, though they were down 1.91% year-over-year.
Lands' End's better-than-expected EPS and sales figures are likely to positively impact the stock price in the short term. The significant beat on EPS and sales exceeding estimates suggest operational improvements, despite a slight year-over-year sales decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100