Brief: Lands’ End Inc Posts Q1 Loss Per Share $0.07

Lands End

02/06/2022 11:55

June 2 (Reuters) - Lands End Inc  LE.O :
    * LANDS’ END ANNOUNCES FIRST QUARTER FISCAL 2022 RESULTS
    * Q1 LOSS PER SHARE $0.07
    * Q1 REVENUE FELL 5.5 PERCENT TO $303.7 MILLION
    * SEES Q2 REVENUE $335 MILLION TO $350 MILLION
    * SEES Q2 LOSS PER SHARE $0.09 TO $0.18
    * Q2 OUTLOOK ASSUMES ABOUT $13.0 MILLION OF INCREMENTAL
TRANSPORTATION EXPENSES DUE TO GLOBAL SUPPLY CHAIN CHALLENGES
    * SEES FISCAL 2022 NET REVENUE TO BE BETWEEN $1.62 BILLION
AND
$1.68 BILLION
    * SEES FISCAL 2022 DILUTED EARNINGS PER SHARE TO BE BETWEEN
$0.60
AND $0.88
    * LANDS END - FY OUTLOOK ASSUMES ABOUT $35.0 MILLION OF
INCREMENTAL TRANSPORTATION EXPENSES

Source text for Eikon:  ID:nGNX4zMVW8 
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