US brand Lands’ End reaffirms FY25 outlook despite Q1 revenue drop
Lands’ End has reaffirmed its FY25 outlook, targeting $1.33–1.45 billion in revenue and $95–107 million in adjusted EBITDA, supported by strategic inventory and licensing transitions. It reported an 8.5 per cent revenue decline to $261.2 million in Q1 FY25, with a widened net loss of $8.3 million. Despite this, gross margin improved to 50.8 per cent and GMV showed modest growth.
Lands’ End has reaffirmed its FY25 outlook, targeting $1.33–1.45 billion in revenue and $95–107 million in adjusted EBITDA, supported by strategic inventory and licensing transitions.
It reported an 8.5 per cent revenue decline to $261.2 million in Q1 FY25, with a widened net loss of $8.3 million.
Despite this, gross margin improved to 50.8 per cent and GMV showed modest growth.
