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Lands' End narrows Q3 loss, projects better Q4 results, beating analysts' expectations.
Lands' End reported a narrowed Q3 net loss to $0.59 million and adjusted earnings of $0.06 per share, up from a loss last year.
Despite a slight drop in Q3 revenue to $318.63 million, the company projects improved Q4 and full-year 2024 results, with earnings and revenue forecasts higher than analysts' expectations.
Gross margins improved significantly, with U.S. eCommerce net revenue increasing year-over-year.
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Lands' End reduce las pérdidas Q3, proyecta mejores resultados Q4, superando las expectativas de los analistas.