Company profile

Ticker
LE
Exchange
CEO
Jerome Squire Griffith
Employees
Incorporated in
Location
Fiscal year end
Former names
Lands End Inc
SEC CIK

LE stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

23 Mar 20
1 Jun 20
31 Jan 21

News

Company financial data Financial data

Quarter (USD) Jan 20 Jan 20 Nov 19 Aug 19
Revenue 549.48M 549.48M 340.02M 298.27M
Net income 25.52M 25.52M 3.61M -3.01M
Diluted EPS 0.79 0.78 0.11 -0.09
Net profit margin 4.64% 4.64% 1.06% -1.01%
Operating income 39.83M 39.83M 10.91M -561K
Net change in cash -66.76M 42.4M
Cash on hand 77.15M 15.86M 82.62M
Cost of revenue 330.72M 185.85M 169.18M
Annual (USD) Jan 20 Feb 19 Feb 18 Jan 17
Revenue 1.45B 1.45B 1.41B 1.34B
Net income 19.29M 11.59M 28.2M -109.78M
Diluted EPS 0.6 0.36 0.88 -3.43
Net profit margin 1.33% 0.80% 2.00% -8.22%
Operating income 45.44M 42.6M 29.09M -152.63M
Net change in cash -116.26M -2.18M -17.53M -15.26M
Cash on hand 77.15M 193.41M 195.58M 213.11M
Cost of revenue 828.31M 835.54M 809.47M 759.35M

Financial data from Lands' End earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
8 May 20 Gray Peter L Common Stock Payment of exercise Dispose F 7.73 1,818 14.05K 34,333
8 May 20 Gray Peter L Common Stock Option exercise Aquire M 0 5,681 0 36,151
8 May 20 Gray Peter L RSU Common Stock Option exercise Dispose M 0 5,681 0 55,353
1 May 20 Gray Peter L Common Stock Payment of exercise Dispose F 7.87 1,819 14.32K 30,470
1 May 20 Gray Peter L Common Stock Option exercise Aquire M 0 5,682 0 32,289
1 May 20 Gray Peter L RSU Common Stock Option exercise Dispose M 0 5,682 0 61,034
1 May 20 Jerome Griffith Common Stock Option exercise Aquire M 0 19,669 0 49,954
1 May 20 Jerome Griffith RSU Common Stock Option exercise Dispose M 0 19,669 0 233,069
1 May 20 Galvin Robert Common Stock Grant Aquire A 7.87 1,613 12.69K 5,607
1 May 20 Mullen Maureen Common Stock Grant Aquire A 7.87 1,810 14.24K 5,095
48.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 98 115 -14.8%
Opened positions 11 12 -8.3%
Closed positions 28 19 +47.4%
Increased positions 21 38 -44.7%
Reduced positions 37 31 +19.4%
13F shares
Current Prev Q Change
Total value 104.49M 328.17M -68.2%
Total shares 15.72M 16.54M -4.9%
Total puts 417.5K 640.3K -34.8%
Total calls 616.3K 759.3K -18.8%
Total put/call ratio 0.7 0.8 -19.7%
Largest owners
Shares Value Change
RBS Partners 4.5M $24.03M -1.7%
Capital Research Global Investors 2.23M $11.88M 0.0%
Vanguard 1.11M $5.94M +2.1%
BLK BlackRock 910.98K $4.86M -0.1%
Frontier Capital Management 904.8K $4.83M -3.0%
Dimensional Fund Advisors 863.24K $4.61M +17.4%
Petrus Trust Company, LTA 690K $3.69M +4.1%
Penserra Capital Management 607.68K $4.7M +12.7%
Towerview 560.72K $2.99M +1.9%
Nuveen Asset Management 444.65K $2.37M +76.9%
Largest transactions
Shares Bought/sold Change
Marshall Wace 0 -211.2K EXIT
Nuveen Asset Management 444.65K +193.23K +76.9%
D. E. Shaw & Co. 75.15K -174.56K -69.9%
Renaissance Technologies 172.48K +128.58K +292.9%
Dimensional Fund Advisors 863.24K +127.71K +17.4%
GS Goldman Sachs 48.23K -125.46K -72.2%
Two Sigma Investments 45.08K -105.35K -70.0%
JPM JPMorgan Chase & Co. 132.83K +103.2K +348.3%
Squarepoint Ops 64.29K -100.74K -61.0%
Coatue Management 0 -87.34K EXIT

Financial report summary

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Risks
  • Our business is affected by worldwide economic and market conditions; an unstable economy, a decline in consumer-spending levels and other adverse developments, including inflation, could lead to reduced revenues and gross margins and adversely affect our business, results of operations and liquidity.
  • Our business and results of operations could be negatively impacted by natural disasters, extreme weather conditions, public health or political crises or other catastrophic events.
  • If we fail to offer merchandise and services that customers want to purchase, our business and results of operations could be adversely affected.
  • Customer preference for our branded merchandise could change, which may adversely affect our profitability.
  • If we cannot compete effectively in the apparel industry, our business and results of operations may be adversely affected.
  • Our approach to merchandise promotions and markdowns to encourage consumer purchases could adversely affect our gross margins and results of operations.
  • Our efforts to expand our channels and geographic reach may not be successful.
  • Our implementation of information technology systems could result in significant disruptions to our operations.
  • We depend on information technology and a failure of information technology systems, including with respect to our eCommerce operations, or an inability to effectively upgrade or adapt our systems could adversely affect our business.
  • If we do not maintain the security of customer, employee or company information, we could experience damage to our reputation, incur substantial additional costs and become subject to litigation.
  • We conduct business in and rely on sources for merchandise located in foreign markets, and our business may therefore be adversely affected by legal, regulatory, economic and political risks associated with international trade and those markets.
  • The United Kingdom’s exit from the European Union will continue to have uncertain effects and could adversely impact our business, results of operations and financial condition.
  • Deterioration of relationships with our vendors and/or the failure of our new merchandise sourcing initiatives could have an adverse effect on our competitive position and operational results.
  • If we do not efficiently manage inventory levels, our results of operations could be adversely affected.
  • Our growth initiatives include the expansion of Company Operated stores which may not be successful and as a result our business and results of operations could be adversely affected.
  • If we fail to timely and effectively obtain shipments of products from our vendors and deliver merchandise to our customers, our business and operating results could be adversely affected.
  • If our independent vendors do not use ethical business practices or comply with applicable regulations and laws, our reputation could be materially harmed and have an adverse effect on our business and results of operations.
  • If we are unable to protect or preserve the image of our brands, our reputation and our intellectual property rights, our business may be adversely affected.
  • Fluctuations and increases in the cost, availability, and quality of raw materials as well as fluctuations in transportation and utility costs could adversely affect our business and results of operations.
  • Inventory shrinkage could have a material adverse effect on our business, financial condition and results of operations.
  • We rely on third parties to provide us with services in connection with certain aspects of our business, and any failure by these third parties to perform their obligations could have an adverse effect on our business and results of operations.
  • We could incur charges due to impairment of goodwill, other intangible assets and long-lived assets.
  • Unseasonal or severe weather conditions may adversely affect our merchandise sales.
  • Our failure to retain our executive management team and to attract qualified new personnel could adversely affect our business and results of operations.
  • Increases in postage, paper and printing costs could adversely affect the costs of producing and distributing our catalog and promotional mailings, which could have an adverse effect on our business and results of operations.
  • We may be subject to assessments for additional state taxes, which could adversely affect our business.
  • Other factors may have an adverse effect on our business, results of operations and financial condition.
  • ESL, whose interests may be different from the interests of other stockholders, may be able to exert substantial influence over our company.
  • Potential liabilities may arise related to the Separation, which could have an adverse effect on our financial condition and our results of operations.
  • Our leverage may place us at a competitive disadvantage in our industry. The agreements governing our debt contain various covenants that impose restrictions on us that may affect our ability to operate our business.
  • We may need additional financing in the future for our general corporate purposes or growth strategies and anticipate the need to refinance our long term debt and such financing may not be available on favorable terms, or at all, and may be dilutive to existing stockholders.
  • Our common stock price may decline if ESL decides to sell a portion of its holdings of our common stock.
  • Our share price may be volatile.
  • Your percentage ownership in Lands' End may be diluted in the future.
Management Discussion
  • ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • You should read the following discussion in conjunction with the Consolidated Financial Statements and accompanying notes included elsewhere in this Annual Report on Form 10-K. Management's Discussion and Analysis of Financial Condition and Results of Operations contains forward-looking statements. The matters discussed in these forward-looking statements are subject to risk, uncertainties, and other factors that could cause actual results to differ materially from those made, projected or implied in the forward-looking statements. See "Cautionary Statements Concerning Forward-Looking Statements" below and Item 1A, Risk Factors, in this Annual Report on Form 10-K for a discussion of the uncertainties, risks and assumptions associated with these statements.
  • This section discusses our results of operations for the year ended January 31, 2020 as compared to the year ended February 1, 2019.  For a discussion and analysis of the year ended February 1, 2019 compared to February 2, 2018, please refer to “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in Item 7 of our Annual Report on Form 10-K for the year ended February 1, 2019, filed with the SEC on March 28, 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
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