Lands’ End, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.15B | $1.29B | $1.31B | $1.64B | $1.43B | $1.45B | $1.45B |
| Cost of Revenue | $685.0M | $709.6M | $847.0M | $961.7M | $945.2M | $821.6M | $828.3M | $835.5M |
| Gross Profit | $650.2M | $653.3M | $625.5M | $593.8M | $691.5M | $605.9M | $621.9M | $616.1M |
| Gross Margin | 55.9% | 56.6% | 48.4% | 45.4% | 42.2% | 42.4% | 42.9% | 42.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $561.2M | $561.8M | $550.2M | $527.4M | $571.8M | $518.9M | $544.0M | $545.6M |
| Operating Income | $44.3M | $51.0M | $-77.5M | $24.7M | $79.8M | $41.1M | $45.4M | $42.6M |
| Operating Margin | 3.8% | 4.4% | -6.0% | 1.9% | 4.9% | 2.9% | 3.1% | 2.9% |
| Interest Expense | $36.7M | $40.4M | $48.3M | $39.8M | $34.4M | $27.8M | $26.0M | $28.9M |
| Pretax Income | $7.8M | $10.5M | $-131.8M | $-14.7M | $46.0M | $12.6M | $21.4M | $9.6M |
| Income Tax Expense | $2.2M | $4.3M | $-1.1M | $-2.1M | $12.6M | $1.8M | $2.1M | $-2.0M |
| Net Income | $5.5M | $6.2M | $-130.7M | $-12.5M | $33.4M | $10.8M | $19.3M | $11.6M |
| Net Margin | 0.5% | 0.5% | -10.1% | -1.0% | 2.0% | 0.8% | 1.3% | 0.8% |
| EPS (Basic) | $0.18 | $0.20 | $-4.09 | $-0.38 | $1.01 | $0.33 | $0.60 | $0.36 |
| EPS (Diluted) | $0.18 | $0.20 | $-4.09 | $-0.38 | $0.99 | $0.33 | $0.60 | $0.36 |
| Shares Outstanding (Basic) | 30.7M | 31.2M | 32.0M | 33.1M | 32.9M | 32.6M | 32.3M | 32.2M |
| Shares Outstanding (Diluted) | 31.0M | 31.7M | 32.0M | 33.1M | 33.7M | 32.7M | 32.3M | 32.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |