LANDS' END, INC.

Listed Company

LECIK 0000799288NasdaqAcceleratedRetail-Family Clothing StoresDelawareFY ends Jan 31

Period

FY 2026

Revenue

$1.34B

Net Income

$5.51M

Total Assets

$751.07M

Equity

$244.29M

Shares Out

30.75M

Op. Cash Flow

$49.62M

Business

LANDS' END, INC. is a leading digital retailer of solution-based apparel, swimwear, outerwear, accessories and uniforms. It offers products online at www.landsend.com, through third-party distribution channels, company-operated stores, license agreements, and sells to businesses and schools via the Outfitters channel. Its key operating segments are U.S. Digital (aggregating U.S. eCommerce, Outfitters and Third Party), Europe eCommerce, Licensing and Retail. Lands' End sells primarily in the United States with operations and fulfillment in the United Kingdom and Germany and serves customers in approximately 130 countries via digital and retail channels.

Summary from filing dated 2025-03-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Net revenue	1,335	1,363	1,473	1,555	1,637
Cost of sales (excluding depreciation and amortization)	685	710	847	962	945
Gross profit	650	653	626	594	691
Selling and administrative	561	562	550	527	572
Depreciation and amortization	30	34	38	39	39
Goodwill impairment	—	—	107	—	—
Other operating expense, net	15	7	8	3	741,000
Total costs and expenses	606	602	703	569	612
Operating income (loss)	44	51	−78	25	80
Interest expense	37	40	48	40	34
Loss on extinguishment of debt	—	—	7	—	—
Other (income) expense, net	−203,000	22,000	−655,000	−364,000	−628,000
Income (loss) before income taxes	8	10	−132	−15	46
Income tax expense (benefit)	2	4	−1	−2	13
NET INCOME (LOSS)	6	6	−131	−13	33
Basic:	0.18	0.2	−4.09	−0.38	1.01
Diluted:	0.18	0.2	−4.09	−0.38	0.99
Basic weighted average common shares outstanding	31	31	32	33	33
Diluted weighted average common shares outstanding	31	32	32	33	34

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Cash and cash equivalents	18	16	25	40	34
Restricted cash	589,000	3	2	2	2
Accounts receivable, net	41	48	35	45	50
Inventories	269	265	302	426	384
Prepaid expenses	28	33	38	—	—
Other current assets	5	5	8	—	—
Total current assets	361	370	410	557	507
Property and equipment, net	116	116	118	128	130
Operating lease right-of-use asset	16	20	23	30	31
Intangible asset, net	—	257	257	257	257
Asset held for sale	257	—	—	—	—
Other assets	2	2	3	4	5
TOTAL ASSETS	751	765	811	1,082	1,037
Current portion of long-term debt	13	13	13	14	14
Accounts payable	115	111	132	172	146
Lease liability - current	4	5	6	5	6
Accrued expenses and other current liabilities	91	99	109	107	146
Total current liabilities	224	228	260	297	311
Long-term debt, net	214	225	236	224	234
Lease liability - long-term	14	20	23	31	33
Deferred tax liabilities	52	51	48	46	46
Other liabilities	2	2	3	3	5
TOTAL LIABILITIES	507	526	570	701	630
Common stock, par value $0.01 - authorized: 480,000 shares; issued and outstanding: 30,575 and 30,843, respectively	306,000	309,000	315,000	326,000	330,000
Additional paid-in capital	349	350	357	366	374
Accumulated deficit	−89	−94	−99	31	45
Accumulated other comprehensive loss	−17	−17	−16	−17	−13
TOTAL STOCKHOLDERS' EQUITY	244	239	242	381	407
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	751	765	811	1,082	1,037

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Net income (loss)	6	6	−131	−13	33
Amortization of debt issuance costs	3	3	3	3	3
Loss (gain) on disposal of property and equipment	16,000	−2	93,000	−530,000	741,000
Stock-based compensation	5	5	4	4	10
Deferred income taxes	942,000	3	2	927,000	−782,000
Goodwill and long-lived asset impairment	683,000	4	107	468,000	—
Other	−1	−1	−1	−775,000	−661,000
Accounts receivable, net	7	−13	10	5	−13
Inventories	−1	36	124	−46	−4
Accounts payable	2	−18	−33	20	13
Other operating assets	6	7	−447,000	−8	4
Other operating liabilities	−9	−10	1	−40	−14
Net cash provided by operating activities	50	53	131	−36	71
Sales of property and equipment	52,000	3	7,000	2	0
Purchases of property and equipment	−29	−38	−35	−32	−25
Net cash used in investing activities	−29	−35	−35	−30	−25
Proceeds from borrowings under ABL Facility	109	113	172	264	143
Payments of borrowings under ABL Facility	−109	−113	−272	−164	−168
Proceeds from issuance on long-term debt, net of discount	—	—	252	—	—
Payments on term loan	−13	−13	−244	−14	−14
Payments of debt extinguishment costs	—	—	−2	—	—
Payments of debt issuance costs	−1	−724,000	−3	—	−1
Proceeds from exercise of stock options	908,000	—	—	—	—
Payments for taxes and exercise costs related to net share settlement of equity awards	−2	−1	−1	—	—
Purchases and retirement of common stock	−5	−12	−12	−8	—
Net cash used in financing activities	−20	−27	−110	73	−45
Effects of exchange rate changes on cash, cash equivalents and restricted cash	−903,000	9,000	350,000	−2	103,000
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	−529,000	−8	−14	5	341,000
Unpaid liability to acquire property and equipment	3	2	4	10	3
Income taxes paid, net of refunds	−378,000	−743,000	1	5	25
Interest paid	35	37	48	34	31

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro