May 2013 Issue

Battle of the Brands

Breakfast at Tiffany's or the Red Carpet With Harry Winston?

Diary of a CMO

Subscribe
Archive

Subscribe

Archive	Login \| Register

Technology Is Changing the Way We Market—and Spend

Banking on Customer Experience Management

40 Under 40: 2013 Call For Entries Now Open!

August 14, 1998

Lands' End Posts Loss for Second Quarter

With flat sales in its core U.S. catalog and overseas operations and higher selling, general and administrative expenses, Lands' End reported Aug. 13 a $61,000 loss for the second quarter ended July 31. The loss is compared to net income of $3.4 million earned in the second quarter of 1997. Sales for the quarter were $239.2 million, up 8.8 percent from sales of $219.9 million in the same quarter last year. Gains in the companies specialty businesses, were countered by weaker sales in the company's core U.S. business, particularly in June, and soft sales from the company's foreign-based and export businesses.