Lands' End, Inc. (LE) Earnings Call Transcripts

Lands' End, Inc.'s Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal 2026, Lands' End, Inc. reported total revenue of $239 million, a 9% decrease year-over-year, primarily due to operational disruptions from distribution center upgrades. Adjusted EBITDA was negative $6 million, reflecting the impact of a new royalty structure following the joint venture with WHP Global. Management signaled optimism for the remainder of the year, projecting Q2 revenue between $290 million and $310 million and full-year revenue of $1.3 billion to $1.4 billion, indicating a potential recovery in demand and operational efficiency as the company normalizes its distribution processes.

Reported metrics

Guidance from management

Management expects Q2 revenue between $290 million and $310 million and full-year revenue of $1.3 billion to $1.4 billion, indicating a positive outlook for recovery and growth.

What management said

Yes. I think the only thing I'd add on the tariffs is when Andrew talks about us consolidating our supply chain, what we've done is we've gone with many larger manufacturers who have very flexible supply chains and can move between countries so that as there is challenges in tariffs in one country, we're able to move that production to a different country with the same vendor with the same timing, and that's been ver...

Yes. I think I'd also like to start with on -- when you talked about the time line of opportunities. What WHP started with is renegotiating the current licenses we have, and they've been able to extend the terms of those licenses and increase the total amount of GMR, which we stated in our presentation, which I think is a big first step and shows what benefits they're going to start applying to this. As far as the ...

What analysts pressed on

Analysts expressed concerns about the impact of operational disruptions on revenue and the effectiveness of tariff management strategies. Questions were raised regarding the timeline for new licensing opportunities under the WHP Global partnership and the potential for stock buybacks given the current valuation.

Main topics on the call

• Joint Venture with WHP Global — The completion of the joint venture with WHP Global is seen as a transformative milestone for Lands' End. Management stated, "We believe Lands' End is now positioned as a brand to grow faster and more profitably than it ...
• Operational Disruptions — The first quarter results were adversely impacted by temporary operational disruptions related to the rollout of a new warehouse management system. Management noted, "Absent those issues, we would have expected low singl...
• Revenue Guidance — Management provided guidance for Q2 revenue between $290 million and $310 million, indicating a recovery from Q1 disruptions. They expressed confidence in achieving positive revenue growth for fiscal 2026, stating, "Our ...
• Improved Financial Flexibility — The repayment of the term loan using proceeds from the WHP Global transaction has significantly improved Lands' End's financial flexibility. Management highlighted that the elimination of the term loan has "materially lo...

Read the full Lands' End, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Lands' End, Inc. earnings call transcripts on record, spanning March 17, 2020 to June 9, 2026. Based on this history, Lands' End, Inc. reports quarterly. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LE

Exchange

NasdaqCM

Country

US

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

28

First call

March 17, 2020

Most recent

June 9, 2026

Reporting cadence

quarterly