In the quarter ended 31 July 2026, the company's gross profit was $157.0m compared with $143.4m in the same period last year.
Gross margin increased by approximately 320 basis points to 52.0%, primarily due to International Emergency Economic Powers Act (IEEPA) tariff refunds, partly offset by costs related to a new joint venture royalty structure and temporary expenses from the warehouse management system rollout.
During the quarter, Lands' End posted $302m in net revenue, marking a 2.7% increase year-on-year. Its US e-commerce segment saw the strongest growth, with revenues up 9.0% to $182.4m.
This rebound followed earlier disruption related to the implementation of a new warehouse management system, with carryover shipments contributing to the quarterly rise.
Revenue of Lands' End Outfitters business rose by 4.4% to $69.3m, led by enterprise accounts, which offset ongoing challenges in the school uniform business caused by service processing delays.
#related #Warehouse #management #system
Gross margin increased by approximately 320 basis points to 52.0%, primarily due to International Emergency Economic Powers Act (IEEPA) tariff refunds, partly offset by costs related to a new joint venture royalty structure and temporary expenses from the warehouse management system rollout.
During the quarter, Lands' End posted $302m in net revenue, marking a 2.7% increase year-on-year. Its US e-commerce segment saw the strongest growth, with revenues up 9.0% to $182.4m.
This rebound followed earlier disruption related to the implementation of a new warehouse management system, with carryover shipments contributing to the quarterly rise.
Revenue of Lands' End Outfitters business rose by 4.4% to $69.3m, led by enterprise accounts, which offset ongoing challenges in the school uniform business caused by service processing delays.
#related #Warehouse #management #system
7 days ago