NASDAQ : LE
Lands' End, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 9.51 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 280.96M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Lands' End, Inc. (LE) reported revenue of 1.32B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.32B | 1.34B | 1.36B | 1.47B | 1.56B | 1.64B |
| Cost of Revenue | 678.26M | 684.98M | 709.59M | 846.98M | 961.66M | 945.16M |
| Gross Profit | 642.55M | 650.17M | 653.35M | 625.53M | 593.77M | 691.46M |
| Selling, General & Admin | 570.04M | 561.15M | 561.80M | 550.21M | 527.37M | 571.77M |
| Other Operating Expenses | -3.23M | 295.00K | -2.55M | 61.00K | -74.00K | 741.00K |
| Operating Expenses | 596.77M | 591.62M | 593.03M | 588.74M | 566.04M | 611.67M |
| Operating Income | 45.78M | 58.55M | 60.31M | 36.79M | 27.73M | 79.79M |
| Interest Expense | -24.73M | -36.72M | -40.44M | -48.29M | -39.77M | -34.45M |
| Other Non Operating Income (Expenses) | 1.10M | 203.00K | -22.00K | 655.00K | 364.00K | 628.00K |
| EBT Excluding Unusual Items | 26.60M | 22.04M | 19.85M | -10.85M | -11.68M | 45.97M |
| Merger & Restructuring Charges | -43.09M | -13.89M | -5.56M | -7.61M | -3.00M | |
| Impairment of Goodwill | -106.70M | |||||
| Asset Writedown | -400.00K | -400.00K | -3.80M | |||
| Other Unusual Items | -9.17M | -6.67M | ||||
| Pretax Income | 465.56M | 7.75M | 10.50M | -131.82M | -14.68M | 45.97M |
| Income Tax Expense | 113.98M | 2.24M | 4.26M | -1.13M | -2.15M | 12.60M |
| Net Income | 351.58M | 5.51M | 6.23M | -130.68M | -12.53M | 33.37M |
| Net Income to Common | 351.58M | 5.51M | 6.23M | -130.68M | -12.53M | 33.37M |
| Shares Outstanding (Basic) | 30.34M | 30.68M | 31.21M | 31.97M | 33.11M | 32.93M |
| Shares Outstanding (Diluted) | 30.92M | 31.03M | 31.66M | 31.97M | 33.11M | 33.68M |
| EPS (Basic) | 11.59 | 0.18 | 0.20 | -4.09 | -0.38 | 1.01 |
| EPS (Diluted) | 11.38 | 0.18 | 0.20 | -4.09 | -0.38 | 0.99 |
| Free Cash Flow | -73.40M | 20.40M | 15.37M | 95.65M | -68.17M | 45.33M |
| Free Cash Flow Per Share | -2.37 | 0.66 | 0.49 | 2.99 | -2.06 | 1.35 |
| Gross Margin | 48.65% | 48.70% | 47.94% | 42.48% | 38.17% | 42.25% |
| Operating Margin | 3.47% | 4.39% | 4.42% | 2.50% | 1.78% | 4.88% |
| Profit Margin | 26.62% | 0.41% | 0.46% | -8.88% | -0.81% | 2.04% |
| Free Cash Flow Margin | -5.56% | 1.53% | 1.13% | 6.50% | -4.38% | 2.77% |
| EBITDA | 72.25M | 88.72M | 94.09M | 75.25M | 66.47M | 118.95M |
| EBITDA Margin | 5.47% | 6.64% | 6.90% | 5.11% | 4.27% | 7.27% |
| D&A For EBITDA | 26.47M | 30.17M | 33.77M | 38.47M | 38.74M | 39.17M |
| EBIT | 45.78M | 58.55M | 60.31M | 36.79M | 27.73M | 79.79M |
| EBIT Margin | 3.47% | 4.39% | 4.42% | 2.50% | 1.78% | 4.88% |
| Effective Tax Rate | 24.48% | 28.94% | 40.62% | 27.41% |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 16.11M | 17.69M | 16.18M | 25.31M | 39.56M | 34.30M |
| Cash & Short-Term Investments | 16.11M | 17.69M | 16.18M | 25.31M | 39.56M | 34.30M |
| Receivables | 38.33M | 41.27M | 47.84M | 35.30M | 44.93M | 49.67M |
| Inventory | 342.04M | 268.80M | 265.13M | 301.72M | 425.51M | 384.24M |
| Prepaid Expenses | 30.24M | 20.16M | 23.16M | 27.68M | 34.49M | 26.11M |
| Restricted Cash | 590.00K | 589.00K | 2.63M | 1.98M | 1.83M | 1.83M |
| Other Current Assets | 452.00K | 12.50M | 15.54M | 18.28M | 10.40M | 10.80M |
| Total Current Assets | 427.77M | 361.00M | 370.48M | 410.26M | 556.73M | 506.95M |
| Property, Plant & Equipment | 142.57M | 131.38M | 135.99M | 141.47M | 157.96M | 161.28M |
| Goodwill | 106.70M | 106.70M | ||||
| Other Intangible Assets | 257.00M | 257.00M | 257.00M | 257.00M | ||
| Other Long-Term Assets | 1.64M | 258.68M | 2.01M | 2.75M | 3.76M | 4.70M |
| Total Assets | 949.57M | 751.07M | 765.48M | 811.48M | 1.08B | 1.04B |
| Accounts Payable | 162.35M | 115.44M | 111.35M | 131.92M | 171.56M | 145.80M |
| Accrued Expenses | 25.09M | 35.73M | 35.10M | 39.24M | 32.36M | 73.20M |
| Current Portion of Long-Term Debt | 13.00M | 13.00M | 13.00M | 13.75M | 13.75M | |
| Current Portion of Leases | 4.54M | 4.43M | 4.53M | 6.02M | 5.41M | 5.62M |
| Current Unearned Revenue | 39.64M | 34.37M | 41.33M | 39.92M | 40.51M | 41.63M |
| Other Current Liabilities | 18.86M | 20.97M | 22.30M | 29.82M | 33.88M | 31.43M |
| Total Current Liabilities | 270.87M | 223.94M | 227.62M | 259.92M | 297.48M | 311.43M |
| Long-Term Debt | 60.00M | 214.21M | 224.89M | 236.17M | 323.51M | 234.47M |
| Long-Term Leases | 12.13M | 14.26M | 20.01M | 22.95M | 31.09M | 32.73M |
| Long-Term Deferred Tax Liabilities | 109.34M | 52.39M | 51.45M | 48.02M | 45.95M | 46.19M |
| Other Long-Term Liabilities | 4.36M | 1.97M | 2.29M | 2.83M | 3.37M | 5.11M |
| Total Liabilities | 456.70M | 506.77M | 526.26M | 569.89M | 701.40M | 629.94M |
| Common Stock | 301.00K | 306.00K | 309.00K | 315.00K | 326.00K | 330.00K |
| Additional Paid-In Capital | 338.88M | 349.43M | 349.94M | 356.76M | 366.18M | 374.41M |
| Retained Earnings | 170.09M | -88.85M | -94.36M | -99.42M | 31.27M | 44.59M |
| Comprehensive Income & Other | -16.40M | -16.59M | -16.67M | -16.07M | -17.02M | -12.64M |
| Shareholders' Equity | 492.87M | 244.29M | 239.22M | 241.59M | 380.75M | 406.70M |
| Total Liabilities & Equity | 949.57M | 751.07M | 765.48M | 811.48M | 1.08B | 1.04B |
| Total Debt | 76.67M | 245.91M | 262.43M | 278.15M | 373.76M | 286.57M |
| Net Cash (Debt) | -60.55M | -228.22M | -246.25M | -252.83M | -334.21M | -252.27M |
| Net Cash Per Share | -1.96 | -7.35 | -7.78 | -7.91 | -10.09 | -7.49 |
| Filing Date Shares Outstanding | 29.54M | 30.75M | 30.88M | 31.49M | 32.48M | 33.14M |
| Total Common Shares Outstanding | 30.02M | 30.58M | 30.84M | 31.43M | 32.63M | 32.99M |
| Working Capital | 156.90M | 137.07M | 142.86M | 150.34M | 259.25M | 195.52M |
| Book Value Per Share | 16.42 | 7.99 | 7.76 | 7.69 | 11.67 | 12.33 |
| Tangible Book Value | 492.87M | 244.29M | -17.78M | -15.41M | 17.05M | 43.00M |
| Tangible Book Value Per Share | 16.42 | 7.99 | -0.58 | -0.49 | 0.52 | 1.30 |
| Land | 3.36M | 3.33M | 3.45M | 3.44M | 3.47M | |
| Buildings | 107.17M | 102.47M | 101.23M | 99.55M | 102.08M | |
| Machinery | 335.19M | 344.50M | 328.14M | 292.79M | 273.48M | |
| Construction In Progress | 41.63M | 25.97M | 17.71M | 27.23M | 15.28M | |
| Leasehold Improvements | 10.33M | 11.74M | 12.67M | 12.76M | 12.82M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 351.58M | 5.51M | 6.23M | -130.68M | -12.53M | 33.37M |
| Depreciation & Amortization | 26.47M | 30.17M | 33.77M | 38.47M | 38.74M | 39.17M |
| Other Amortization | 1.83M | 2.80M | 2.72M | 2.72M | 3.18M | 3.19M |
| Loss (Gain) From Sale of Assets | -12.00K | 16.00K | -2.43M | 93.00K | -530.00K | 741.00K |
| Asset Writedown & Restructuring Costs | 683.00K | 683.00K | 3.82M | 106.70M | 468.00K | |
| Stock-Based Compensation | 6.09M | 5.48M | 4.87M | 3.83M | 3.75M | 10.16M |
| Other Operating Activities | 67.31M | -196.00K | 2.27M | 7.14M | 152.00K | -1.44M |
| Change in Accounts Receivable | 834.00K | 7.45M | -12.83M | 9.86M | 4.50M | -13.17M |
| Change in Inventory | -39.81M | -1.30M | 36.06M | 124.46M | -45.87M | -4.21M |
| Change in Accounts Payable | 12.02M | 2.48M | -18.17M | -33.05M | 19.94M | 13.09M |
| Change in Other Net Operating Assets | 29.32M | -3.47M | -3.16M | 1.03M | -48.16M | -10.32M |
| Operating Cash Flow | -37.33M | 49.62M | 53.14M | 130.56M | -36.37M | 70.57M |
| Capital Expenditures | -36.07M | -29.22M | -37.77M | -34.92M | -31.81M | -25.24M |
| Sale of Property, Plant & Equipment | 84.00K | 52.00K | 2.73M | 7.00K | 1.97M | |
| Investing Cash Flow | 262.76M | -29.17M | -35.04M | -34.91M | -29.84M | -25.24M |
| Long-Term Debt Issued | 109.00M | 113.00M | 424.20M | 264.00M | 143.00M | |
| Long-Term Debt Repaid | -122.00M | -126.00M | -516.06M | -177.75M | -181.75M | |
| Net Debt Issued (Repaid) | -215.50M | -13.00M | -13.00M | -91.86M | 86.25M | -38.75M |
| Issuance of Common Stock | 1.82M | 908.00K | ||||
| Repurchase of Common Stock | -16.72M | -6.88M | -12.87M | -13.17M | -12.79M | -5.11M |
| Other Financing Activities | -2.44M | -1.10M | -724.00K | -5.07M | -1.23M | |
| Financing Cash Flow | -232.84M | -20.08M | -26.59M | -110.11M | 73.46M | -45.09M |
| Foreign Exchange Rate Adjustments | 565.00K | -903.00K | 9.00K | 350.00K | -2.00M | 103.00K |
| Net Cash Flow | -6.84M | -529.00K | -8.48M | -14.10M | 5.26M | 341.00K |
| Free Cash Flow | -73.40M | 20.40M | 15.37M | 95.65M | -68.17M | 45.33M |
| Free Cash Flow Margin | -5.56% | 1.53% | 1.13% | 6.50% | -4.38% | 2.77% |
| Free Cash Flow Per Share | -2.37 | 0.66 | 0.49 | 2.99 | -2.06 | 1.35 |
| Levered Free Cash Flow | 18.57M | 30.28M | 15.85M | 97.71M | -51.94M | 40.94M |
| Unlevered Free Cash Flow | 32.20M | 50.43M | 38.41M | 125.17M | -30.26M | 59.28M |
| Cash Interest Paid | 24.38M | 34.84M | 37.04M | 48.10M | 34.48M | 31.42M |
| Cash Income Tax Paid | 25.76M | -378.00K | -743.00K | 1.11M | 4.76M | 24.87M |
| Change in Working Capital | 2.37M | 5.16M | 1.89M | 102.30M | -69.60M | -14.61M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 280.96M | 542.59M | 385.07M | 292.13M | 297.35M | 597.99M |
| Enterprise Value | 341.52M | 831.03M | 681.54M | 626.18M | 706.34M | 920.76M |
| Last Close Price | 9.51 | 17.76 | 12.45 | 9.29 | 9.01 | 18.13 |
| PE Ratio | 0.84 | 98.51 | 61.78 | 17.92 | ||
| Forward PE | 13.99 | 19.30 | 22.46 | 119.87 | 22.09 | 39.41 |
| PS Ratio | 0.21 | 0.41 | 0.28 | 0.20 | 0.19 | 0.36 |
| PB Ratio | 0.58 | 2.22 | 1.61 | 1.21 | 0.78 | 1.47 |
| P/TBV Ratio | 0.57 | 2.22 | 17.44 | 13.91 | ||
| P/FCF Ratio | 26.60 | 25.05 | 3.05 | 13.19 | ||
| P/OCF Ratio | 10.94 | 7.25 | 2.24 | 8.47 | ||
| PEG Ratio | 2.98 | 2.98 | 5.99 | 1.10 | 1.97 | |
| EV/Sales Ratio | 0.26 | 0.62 | 0.50 | 0.42 | 0.45 | 0.56 |
| EV/EBITDA Ratio | 4.73 | 9.37 | 7.24 | 8.32 | 10.63 | 7.74 |
| EV/EBIT Ratio | 7.46 | 14.19 | 11.30 | 17.02 | 25.48 | 11.54 |
| EV/FCF Ratio | 40.74 | 44.33 | 6.55 | 20.31 | ||
| Debt / Equity Ratio | 0.16 | 1.01 | 1.10 | 1.15 | 0.98 | 0.70 |
| Debt / EBITDA Ratio | 0.97 | 2.56 | 2.56 | 3.30 | 4.88 | 2.21 |
| Debt / FCF Ratio | 12.06 | 17.07 | 2.91 | 6.32 | ||
| Net Debt / Equity Ratio | 0.12 | 0.93 | 1.03 | 1.05 | 0.88 | 0.62 |
| Net Debt / EBITDA Ratio | 0.84 | 2.57 | 2.62 | 3.36 | 5.03 | 2.12 |
| Net Debt / FCF Ratio | -0.82 | 11.19 | 16.02 | 2.64 | -4.90 | 5.57 |
| Asset Turnover | 1.51 | 1.76 | 1.73 | 1.55 | 1.47 | 1.57 |
| Inventory Turnover | 2.11 | 2.57 | 2.50 | 2.33 | 2.38 | 2.47 |
| Quick Ratio | 0.20 | 0.26 | 0.28 | 0.23 | 0.28 | 0.27 |
| Current Ratio | 1.58 | 1.61 | 1.63 | 1.58 | 1.87 | 1.63 |
| Return on Equity (ROE) | 97.93% | 2.28% | 2.59% | -42.00% | -3.18% | 8.60% |
| Return on Assets (ROA) | 3.27% | 4.83% | 4.78% | 2.43% | 1.64% | 4.79% |
| Return on Invested Capital (ROIC) | 6.41% | 8.69% | 7.31% | 6.08% | 4.04% | 8.76% |
| Return on Capital Employed (ROCE) | 6.70% | 11.10% | 11.20% | 6.70% | 3.50% | 11.00% |
| Earnings Yield | 119.64% | 1.01% | 1.62% | -44.73% | -4.21% | 5.58% |
| FCF Yield | -26.12% | 3.76% | 3.99% | 32.74% | -22.93% | 7.58% |
| Buyback Yield / Dilution | 1.28% | 1.99% | 0.96% | 3.44% | 1.70% | -3.15% |