Lands End falls after quarterly revenue decline

Lands End

20/03/2025 16:54

** Shares of casualwear chain Lands End LE.O fall as much as 12.6% to a near year's low of $10.00

** Company reports Q4 revenue decline across all segments, impacted by the transition of kids and footwear product lines to licensing arrangements, as well as by lower promotional activity

** However, LE reports an increase in Q4 adjusted profit and  forecasts annual sales and adjusted profit largely above what it reported in 2024

** Says projection incorporates the impact of already implemented global tariffs

** LE fell 21% YTD, including session's moves

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))