Lands’ End (LE) Releases Q1 2019 Earnings Guidance
Lands’ End (NASDAQ:LE) issued an update on its first quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-0.34–0.26 for the period, compared to the Thomson Reuters consensus estimate of $-0.24. The company issued revenue guidance of $255-265 million, compared to the consensus revenue estimate of $268.57 million.Lands’ End also updated its FY 2019 guidance to $0.25-0.45 EPS.
NASDAQ LE opened at $17.21 on Thursday. Lands’ End has a one year low of $12.27 and a one year high of $31.15. The stock has a market capitalization of $566.28 million, a P/E ratio of 73.25 and a beta of 0.83. The company has a quick ratio of 0.67, a current ratio of 2.13 and a debt-to-equity ratio of 1.59.
Separately, BidaskClub upgraded Lands’ End from a hold rating to a buy rating in a research note on Saturday, January 5th.
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Lands’ End Company Profile
Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates in two segments, Direct and Retail. It offers casual clothing, accessories, footwear, and home products. The company sells its products online through landsend.com, and affiliated specialty and international Websites; direct mail catalogs; and retail locations primarily at Lands' End Shops at Sears, Lands' End stores, and international shop-in-shops.
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