{
  "id": 6129999,
  "title": "Lands’ End swings back to profit in Q2 as net revenue rises 2.7%",
  "url": "https://urgent.news/2026/09/07/lands-end-swings-back-to-profit-in-q2-as-net-revenue-rises-2-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T11:11:12.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/lands-end-swings-back-profit-111112375.html"
  },
  "original_language": "en",
  "account": "In the second quarter of 2026, Lands' End reported a return to profitability with net revenue increasing by 2.7% year-on-year to $302 million. Gross profit rose to $157 million, reflecting a significant 32 basis point increase in gross margin to 52.0%. This improvement was driven by tariff refunds under the International Emergency Economic Powers Act (IEEPA), while costs from a new joint venture royalty structure and temporary expenses from a warehouse management system rollout partially offset the gains. The company's US e-commerce segment showed the strongest growth, with revenues up 9.0% to $182.4 million, outpacing earlier disruption caused by the implementation of a new warehouse management system. Lands' End Outfitters experienced a 4.4% year-over-year revenue increase to $69.3 million, primarily driven by enterprise accounts. Europe's e-commerce revenues grew marginally by 0.5% to $19.7 million due to a shift towards a franchise-focused product mix. However, third-party sales fell 20.4% to $17.2 million as the company decided to reduce lower-margin promotional sales. Selling and administrative expenses increased to $135.3 million, or 44.8% of net revenue, due to heightened digital advertising spending and operational inefficiencies linked to the warehouse transition. The company repurchased around 3% of its outstanding shares during the quarter, demonstrating a disciplined approach to capital allocation and confidence in the long-term value of Lands' End. Looking ahead, Lands' End expects third-quarter net revenue to fall between $300 million and $330 million, with a projected net loss of $1.0 million to net income of $3.0 million. Adjusted net income is forecasted to range from $2.0 million to $6.0 million, with diluted earnings per share expected between $0.03 loss and $0.10 per share. For the full fiscal year 2026, Lands' End projects net revenue between $1.30 billion and $1.35 billion and net income in the range of $317.0 million to $325.0 million. Adjusted net income is anticipated in the range of $13.0 million to $21.0 million, with diluted earnings per share projected between $10.87 and $11.14. Lands' End CEO Charlie Cole expressed optimism about the company's future, highlighting the use of brand strength and customer loyalty to strengthen customer engagement and expand digital capabilities.",
  "summary": null,
  "key_points": [
    "Lands' End returned to profitability in Q2 2026 with 2.7% revenue growth",
    "Gross profit increased 32 basis points to 52.0% year-over-year",
    "US e-commerce segment grew 9.0% to $182.4 million, outpacing digital system disruption"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}