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

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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.

TTMFY2026FY2025FY2024FY2023FY2022
Revenue1.32B1.34B1.36B1.47B1.56B1.64B
Cost of Revenue678.26M684.98M709.59M846.98M961.66M945.16M
Gross Profit642.55M650.17M653.35M625.53M593.77M691.46M
Selling, General & Admin570.04M561.15M561.80M550.21M527.37M571.77M
Other Operating Expenses-3.23M295.00K-2.55M61.00K-74.00K741.00K
Operating Expenses596.77M591.62M593.03M588.74M566.04M611.67M
Operating Income45.78M58.55M60.31M36.79M27.73M79.79M
Interest Expense-24.73M-36.72M-40.44M-48.29M-39.77M-34.45M
Other Non Operating Income (Expenses)1.10M203.00K-22.00K655.00K364.00K628.00K
EBT Excluding Unusual Items26.60M22.04M19.85M-10.85M-11.68M45.97M
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 Income465.56M7.75M10.50M-131.82M-14.68M45.97M
Income Tax Expense113.98M2.24M4.26M-1.13M-2.15M12.60M
Net Income351.58M5.51M6.23M-130.68M-12.53M33.37M
Net Income to Common351.58M5.51M6.23M-130.68M-12.53M33.37M
Shares Outstanding (Basic)30.34M30.68M31.21M31.97M33.11M32.93M
Shares Outstanding (Diluted)30.92M31.03M31.66M31.97M33.11M33.68M
EPS (Basic)11.590.180.20-4.09-0.381.01
EPS (Diluted)11.380.180.20-4.09-0.380.99
Free Cash Flow-73.40M20.40M15.37M95.65M-68.17M45.33M
Free Cash Flow Per Share-2.370.660.492.99-2.061.35
Gross Margin48.65%48.70%47.94%42.48%38.17%42.25%
Operating Margin3.47%4.39%4.42%2.50%1.78%4.88%
Profit Margin26.62%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%
EBITDA72.25M88.72M94.09M75.25M66.47M118.95M
EBITDA Margin5.47%6.64%6.90%5.11%4.27%7.27%
D&A For EBITDA26.47M30.17M33.77M38.47M38.74M39.17M
EBIT45.78M58.55M60.31M36.79M27.73M79.79M
EBIT Margin3.47%4.39%4.42%2.50%1.78%4.88%
Effective Tax Rate24.48%28.94%40.62%27.41%

Balance sheet

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Cash & Equivalents16.11M17.69M16.18M25.31M39.56M34.30M
Cash & Short-Term Investments16.11M17.69M16.18M25.31M39.56M34.30M
Receivables38.33M41.27M47.84M35.30M44.93M49.67M
Inventory342.04M268.80M265.13M301.72M425.51M384.24M
Prepaid Expenses30.24M20.16M23.16M27.68M34.49M26.11M
Restricted Cash590.00K589.00K2.63M1.98M1.83M1.83M
Other Current Assets452.00K12.50M15.54M18.28M10.40M10.80M
Total Current Assets427.77M361.00M370.48M410.26M556.73M506.95M
Property, Plant & Equipment142.57M131.38M135.99M141.47M157.96M161.28M
Goodwill106.70M106.70M
Other Intangible Assets257.00M257.00M257.00M257.00M
Other Long-Term Assets1.64M258.68M2.01M2.75M3.76M4.70M
Total Assets949.57M751.07M765.48M811.48M1.08B1.04B
Accounts Payable162.35M115.44M111.35M131.92M171.56M145.80M
Accrued Expenses25.09M35.73M35.10M39.24M32.36M73.20M
Current Portion of Long-Term Debt13.00M13.00M13.00M13.75M13.75M
Current Portion of Leases4.54M4.43M4.53M6.02M5.41M5.62M
Current Unearned Revenue39.64M34.37M41.33M39.92M40.51M41.63M
Other Current Liabilities18.86M20.97M22.30M29.82M33.88M31.43M
Total Current Liabilities270.87M223.94M227.62M259.92M297.48M311.43M
Long-Term Debt60.00M214.21M224.89M236.17M323.51M234.47M
Long-Term Leases12.13M14.26M20.01M22.95M31.09M32.73M
Long-Term Deferred Tax Liabilities109.34M52.39M51.45M48.02M45.95M46.19M
Other Long-Term Liabilities4.36M1.97M2.29M2.83M3.37M5.11M
Total Liabilities456.70M506.77M526.26M569.89M701.40M629.94M
Common Stock301.00K306.00K309.00K315.00K326.00K330.00K
Additional Paid-In Capital338.88M349.43M349.94M356.76M366.18M374.41M
Retained Earnings170.09M-88.85M-94.36M-99.42M31.27M44.59M
Comprehensive Income & Other-16.40M-16.59M-16.67M-16.07M-17.02M-12.64M
Shareholders' Equity492.87M244.29M239.22M241.59M380.75M406.70M
Total Liabilities & Equity949.57M751.07M765.48M811.48M1.08B1.04B
Total Debt76.67M245.91M262.43M278.15M373.76M286.57M
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 Outstanding29.54M30.75M30.88M31.49M32.48M33.14M
Total Common Shares Outstanding30.02M30.58M30.84M31.43M32.63M32.99M
Working Capital156.90M137.07M142.86M150.34M259.25M195.52M
Book Value Per Share16.427.997.767.6911.6712.33
Tangible Book Value492.87M244.29M-17.78M-15.41M17.05M43.00M
Tangible Book Value Per Share16.427.99-0.58-0.490.521.30
Land3.36M3.33M3.45M3.44M3.47M
Buildings107.17M102.47M101.23M99.55M102.08M
Machinery335.19M344.50M328.14M292.79M273.48M
Construction In Progress41.63M25.97M17.71M27.23M15.28M
Leasehold Improvements10.33M11.74M12.67M12.76M12.82M

Cash flow statement

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Net Income351.58M5.51M6.23M-130.68M-12.53M33.37M
Depreciation & Amortization26.47M30.17M33.77M38.47M38.74M39.17M
Other Amortization1.83M2.80M2.72M2.72M3.18M3.19M
Loss (Gain) From Sale of Assets-12.00K16.00K-2.43M93.00K-530.00K741.00K
Asset Writedown & Restructuring Costs683.00K683.00K3.82M106.70M468.00K
Stock-Based Compensation6.09M5.48M4.87M3.83M3.75M10.16M
Other Operating Activities67.31M-196.00K2.27M7.14M152.00K-1.44M
Change in Accounts Receivable834.00K7.45M-12.83M9.86M4.50M-13.17M
Change in Inventory-39.81M-1.30M36.06M124.46M-45.87M-4.21M
Change in Accounts Payable12.02M2.48M-18.17M-33.05M19.94M13.09M
Change in Other Net Operating Assets29.32M-3.47M-3.16M1.03M-48.16M-10.32M
Operating Cash Flow-37.33M49.62M53.14M130.56M-36.37M70.57M
Capital Expenditures-36.07M-29.22M-37.77M-34.92M-31.81M-25.24M
Sale of Property, Plant & Equipment84.00K52.00K2.73M7.00K1.97M
Investing Cash Flow262.76M-29.17M-35.04M-34.91M-29.84M-25.24M
Long-Term Debt Issued109.00M113.00M424.20M264.00M143.00M
Long-Term Debt Repaid-122.00M-126.00M-516.06M-177.75M-181.75M
Net Debt Issued (Repaid)-215.50M-13.00M-13.00M-91.86M86.25M-38.75M
Issuance of Common Stock1.82M908.00K
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-110.11M73.46M-45.09M
Foreign Exchange Rate Adjustments565.00K-903.00K9.00K350.00K-2.00M103.00K
Net Cash Flow-6.84M-529.00K-8.48M-14.10M5.26M341.00K
Free Cash Flow-73.40M20.40M15.37M95.65M-68.17M45.33M
Free Cash Flow Margin-5.56%1.53%1.13%6.50%-4.38%2.77%
Free Cash Flow Per Share-2.370.660.492.99-2.061.35
Levered Free Cash Flow18.57M30.28M15.85M97.71M-51.94M40.94M
Unlevered Free Cash Flow32.20M50.43M38.41M125.17M-30.26M59.28M
Cash Interest Paid24.38M34.84M37.04M48.10M34.48M31.42M
Cash Income Tax Paid25.76M-378.00K-743.00K1.11M4.76M24.87M
Change in Working Capital2.37M5.16M1.89M102.30M-69.60M-14.61M

Ratios

Fiscal year February - January; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Market Capitalization280.96M542.59M385.07M292.13M297.35M597.99M
Enterprise Value341.52M831.03M681.54M626.18M706.34M920.76M
Last Close Price9.5117.7612.459.299.0118.13
PE Ratio0.8498.5161.7817.92
Forward PE13.9919.3022.46119.8722.0939.41
PS Ratio0.210.410.280.200.190.36
PB Ratio0.582.221.611.210.781.47
P/TBV Ratio0.572.2217.4413.91
P/FCF Ratio26.6025.053.0513.19
P/OCF Ratio10.947.252.248.47
PEG Ratio2.982.985.991.101.97
EV/Sales Ratio0.260.620.500.420.450.56
EV/EBITDA Ratio4.739.377.248.3210.637.74
EV/EBIT Ratio7.4614.1911.3017.0225.4811.54
EV/FCF Ratio40.7444.336.5520.31
Debt / Equity Ratio0.161.011.101.150.980.70
Debt / EBITDA Ratio0.972.562.563.304.882.21
Debt / FCF Ratio12.0617.072.916.32
Net Debt / Equity Ratio0.120.931.031.050.880.62
Net Debt / EBITDA Ratio0.842.572.623.365.032.12
Net Debt / FCF Ratio-0.8211.1916.022.64-4.905.57
Asset Turnover1.511.761.731.551.471.57
Inventory Turnover2.112.572.502.332.382.47
Quick Ratio0.200.260.280.230.280.27
Current Ratio1.581.611.631.581.871.63
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 Yield119.64%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 / Dilution1.28%1.99%0.96%3.44%1.70%-3.15%