Lands' End Expects Q3 Net Revenue To Be $300M - $340M (Est $312.845M), Adjusted EPS Of $0.00 - $0.10 (Est $0.04)
Portfolio Pulse from Benzinga Newsdesk
Lands' End has provided its financial expectations for Q3 of fiscal 2024, projecting net revenue between $300M and $340M, and adjusted EPS between $0.00 and $0.10. The company anticipates mid-to-high single-digit growth in Gross Merchandise Value and adjusted EBITDA between $19M and $23M.
September 05, 2024 | 10:49 am
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Lands' End projects Q3 net revenue between $300M and $340M, with adjusted EPS of $0.00 to $0.10. The company expects mid-to-high single-digit growth in GMV and adjusted EBITDA between $19M and $23M.
The revenue and EPS projections are in line with or slightly above estimates, indicating potential positive sentiment. The expected growth in GMV and adjusted EBITDA suggests operational improvements, which could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100