Lands' End Posts Loss for Second Quarter

Share this content:
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.
Loading links....
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's 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