Lands’ End (NASDAQ:LE) issued an update on its FY20 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.30-0.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.35. The company issued revenue guidance of $1.45-1.5 billion, compared to the consensus revenue estimate of $1.46 billion.Lands’ End also updated its FY 2019 guidance to $0.30-0.50 EPS.

Shares of NASDAQ:LE opened at $11.97 on Tuesday. Lands’ End has a 1-year low of $11.85 and a 1-year high of $31.15. The company has a market cap of $398.46 million, a PE ratio of 33.25 and a beta of 1.09. The company has a current ratio of 2.44, a quick ratio of 1.10 and a debt-to-equity ratio of 1.50.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings data on Thursday, March 21st. The company reported $0.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.09. The company had revenue of $502.30 million for the quarter, compared to analyst estimates of $474.73 million. Lands’ End had a return on equity of 3.77% and a net margin of 0.80%. Lands’ End’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 EPS. Research analysts expect that Lands’ End will post 0.35 EPS for the current year.

Separately, BidaskClub raised Lands’ End from a hold rating to a buy rating in a research note on Saturday, March 30th.

An institutional investor recently raised its position in Lands’ End stock. Geode Capital Management LLC grew its holdings in Lands’ End, Inc. (NASDAQ:LE) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 171,339 shares of the company’s stock after purchasing an additional 5,950 shares during the quarter. Geode Capital Management LLC owned about 0.53% of Lands’ End worth $2,434,000 as of its most recent filing with the SEC. 50.69% of the stock is owned by institutional investors and hedge funds.

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Lands’ End Company Profile

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, and Retail segments. It offers casual clothing, accessories, footwear, and home products.

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