Lands' End reports Q1 2025 loss as revenue drops 8.5%, but projects full-year improvement.

Lands' End reported a net loss of $8.3 million in the first quarter of 2025, or 27 cents per share, with revenue at $261.2 million. Despite an 8.5% drop in net revenue from the previous year, gross margin increased by 210 basis points to 50.8%. The decrease in revenue is attributed to transitioning kids and footwear inventory to licensees. The company projects full-year earnings between 48 cents and 86 cents per share, with revenue from $1.33 billion to $1.45 billion.