Lands' End reports Q4 earnings slightly below expectations, revenue down 14.2%, but gross margin improves.

Lands' End, a digital retailer, reported Q4 2024 earnings of $0.57 per share, slightly below analyst expectations of $0.58. The company's revenue was $441.7 million, down 14.2% year-over-year, due to product line licensing changes. Despite the revenue decline, Lands' End saw improved profitability with a 760 basis point increase in gross margin to 45.6%. For 2025, the company projects earnings between $0.48 and $0.86 per share and expects Q1 2025 earnings to be between -$0.22 and $0.13. Shares fell following the earnings report.