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The rollout impacted some shipments in Q2, but the company expects benefits from the technology in the long term.
Lands’ End, Inc. (NASDAQ:LE) reported fiscal second-quarter net revenue of $302.0 million, up 2.7% from $294.1 million a year earlier. Gross margin expanded 320 basis points to 52.0%, yet company-defined non-GAAP adjusted EBITDA declined 25% to $11.3 million from $15.1 million. The adjusted EBITDA margin consequently fell to 3.7% from 5.1%. Adjusted EBITDA is calculated […]
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Download the Complete Report Here Lands’ End, Inc. (LE) Fulfilment Normalizes as New CEO Sets Growth Agenda; Customer Acquisition Gains Momentum Key Takeaways: New CEO Charlie Cole is sharpening the growth agenda around digital execution, AI-enabled customer engagement and stronger operating infrastructure. 2Q revenue increased 2.7% y/y as fulfilment normalized; U.S. eCommerce growth included shipment […] The post Lands’ End New CEO Agenda, Customer Growth – Quarterly Update Report appeared firs
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