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Lands’ End: Fiscal Q2 Earnings Snapshot

DODGEVILLE, Wis. (AP) — DODGEVILLE, Wis. (AP) — Lands’ End Inc. (LE) on Thursday reported fiscal second-quarter profit of $3.5 million.

The Dodgeville, Wisconsin-based company said it had net income of 11 cents per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The clothing maker posted revenue of $302 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $301.1 million.

For the current quarter ending in October, Lands’ End expects its per-share earnings to range from 7 cents to 20 cents.

The company said it expects revenue in the range of $300 million to $330 million for the fiscal third quarter.

Lands’ End expects full-year earnings in the range of 44 cents to 72 cents per share, with revenue ranging from $1.3 billion to $1.35 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LE at https://www.zacks.com/ap/LE

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