Lands’ End, Inc. (NASDAQ: LE) has announced its financial results for the fourth quarter and full year of fiscal 2025 ended January 30, 2026. The company saw a 4.7% increase in net revenue for the fourth quarter, reaching $462.4 million compared to $441.7 million in the prior year. The U.S. digital segment net revenue increased by 5.3% to $402.3 million, and the U.S. ecommerce net revenue increased by 4.8% to $312.0 million.
For the full fiscal year 2025, Lands’ End reported a low-single-digit increase in gross merchandise value (GMV) compared to fiscal 2024. Net revenue for the year was $1.34 billion, representing a decrease of 2.0% from the previous year.
The company's gross profit for the fourth quarter was $209.6 million, a 4.1% increase from the previous year. However, the gross margin decreased by approximately 30 basis points to 45.3% compared to the fourth quarter of fiscal 2024. Adjusted EBITDA for the fourth quarter was $47.4 million, up from $43.7 million in the same period the year before.
Lands’ End also highlighted its strategic transaction with WHP Global to create a joint venture aimed at maximizing the value of its intellectual property. The company is set to receive $300 million in cash for a 50% controlling ownership stake in the joint venture.
Looking ahead, due to the pending transaction with WHP Global, Lands' End will not be providing financial guidance at this time. However, following the completion of the transaction, the company expects to provide both full year and second quarter fiscal 2026 outlooks, along with hosting an enhanced earnings call in June that will include a comprehensive multi-year financial framework.
The company will host a conference call on Thursday, March 19, 2026, at 8:30 a.m. ET to review its fourth quarter and full fiscal year 2025 financial results and related matters. The call may be accessed through the investor relations section of the company’s website.
Lands' End, Inc. (NASDAQ: LE) is a leading digital retailer of solution-based apparel, swimwear, outerwear, accessories, footwear, home products, and uniforms, offering products both online and through various distribution channels.
Following these announcements, the company's shares moved -0.63%, and are now trading at a price of $15.78. For the full picture, make sure to review LANDS' END, INC.'s 8-K report.
