Lands' End 1st Quarter Sales Up 7.8%

Share this content:
Lands' End reported this week that net sales for its first quarter ended April 30, totaled $290 million, up 7.8 percent from sales of $269 million in the same quarter last year. The company's net income for the quarter was $6.5 million, and diluted earnings per share were 21 cents, compared with $5.2 million, or 17 cents a share, in the prior year. Lands' End said sales from its core business was up slightly as a result of increased activity from the Internet. Overall sales growth primarily came from increased liquidations, about half of which was from the liquidation of its Willis & Gieger business. Gross profit in the quarter was $125.4 million, or 43.3 percent of net sales in the first quarter of the prior year.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above