Lands End Inc Stock Research

Market Summary

USD8.50-0.20

Delayedas of 23 Mar 2023, 01:26 pm

-2.30%

LE Stock Price

LE RSI Chart

LE Valuation

Market Cap

280.5M

Price/Earnings (Trailing)

-132.19

Price/Sales (Trailing)

0.18

EV/EBITDA

3.68

Price/Free Cashflow

-3.69

LE Price/Sales (Trailing)

LE Profitability

EBT Margin

-0.41%

Return on Equity

-0.55%

Return on Assets

-0.17%

Free Cashflow Yield

-27.13%

LE Fundamentals

LE Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

-1.29%

Revenue Q/Q

5.64%

LE Earnings

Earnings (TTM)

-2.1M

Earnings Y/Y

-163.28%

Earnings Q/Q

-114.87%

Price Action

52 Week Range

6.3119.42

(Low)(High)

Last 7 days

-5.5%

Last 30 days

-19.8%

Last 90 days

-6.6%

Trailing 12 Months

-56.1%

LE Financial Health

Current Ratio

1.92

Debt/Equity

0.67

Debt/Cashflow

-0.29

LE Investor Care

Shares Dilution (1Y)

0.05%

Diluted EPS (TTM)

-0.07

Peers (Alternatives to Lands End)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMZN	1.0T	514.0B	-3.36%	-34.72%	-374.76	1.98	9.40%	-108.16%
EBAY	23.0B	9.8B	-16.60%	-24.00%	-18.16	2.35	-6.00%	-109.33%
CHWY	14.8B	9.8B	-18.25%	2.53%	-723.93	1.52	14.45%	-288.94%
ETSY	14.2B	2.6B	-22.27%	-16.19%	-20.5	5.55	11.73%	-479.56%
MID-CAP
W	3.4B	12.2B	-38.59%	-71.37%	-2.59	0.28	-10.87%	-916.03%
SMALL-CAP
RVLV	1.8B	1.1B	-6.10%	-43.07%	30.84	1.64	23.56%	-41.21%
MGNI	1.2B	577.1M	-29.77%	-23.08%	-9.53	2.15	23.20%	-200596.92%
OSTK	804.2M	1.9B	-18.63%	-60.96%	-22.82	0.42	-30.01%	-109.05%
SFIX	588.8M	1.8B	13.29%	-47.53%	-1.99	0.32	-16.43%	-882.41%
PETS	385.7M	260.5M	-10.71%	-29.92%	33.83	1.48	-6.68%	-47.81%
PRTS	302.5M	661.6M	-25.35%	-25.67%	-318.04	0.46	13.59%	90.80%
LE	280.5M	1.6B	-19.84%	-56.10%	-132.19	0.18	-2.37%	-104.59%
DLTH	195.8M	682.3M	7.04%	-47.83%	16.1	0.29	-0.22%	-64.32%
REAL	127.8M	603.5M	-19.25%	-80.12%	-0.65	0.21	29.04%	16.80%

Financials for Lands End

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-0.3%	1,581	1,586	1,619	1,637	1,620
Gross Profit	-2.9%	621	639	673	691	705
S&GA Expenses	-0.8%	549	554	562	572	566
EBITDA	-20.0%	68.00	86.00	111	-	-
EBITDA Margin	-19.8%	0.04*	0.05*	0.07*	-	-
Earnings Before Taxes	-149.3%	-6.48	13.00	39.00	46.00	64.00
EBT Margin	-149.5%	0.00*	0.01*	0.02*	-	-
Interest Expenses	7.4%	36.00	34.00	34.00	34.00	35.00
Net Income	-121.3%	-2.12	10.00	28.00	33.00	46.00
Net Income Margin	-121.4%	0.00*	0.01*	0.02*	-	-
Free Cahsflow	27.9%	-76.11	-105	-40.40	-	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.2%	1,213	1,199	1,082	1,037	1,140
Current Assets	2.5%	692	675	552	507	605
Cash Equivalents	22.7%	29.00	24.00	22.00	34.00	38.00
Inventory	-0.8%	565	569	437	384	480
Net PPE	-2.2%	122	125	127	130	134
Goodwill	0%	107	107	107	107	107
Liabilities	2.9%	827	804	683	630	741
Current Liabilities	0.8%	360	358	241	311	347
LT Debt, Current	0%	14.00	14.00	14.00	14.00	14.00
LT Debt, Non Current	-1.2%	226	229	232	234	237
Shareholder's Equity	-2.4%	386	395	398	407	399
Retained Earnings	-13.5%	35.00	40.00	42.00	45.00	37.00
Additional Paid-In Capital	-0.6%	369	371	372	374	372
Accumulated Depreciation	-	277	-	-	-	-
Shares Outstanding	-0.6%	33.00	33.00	33.00	33.00	33.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	36.7%	-49.07	-77.48	-13.14	71.00	111
Share Based Compensation	-24.6%	6.00	7.00	9.00	10.00	11.00
Cashflow From Investing	3.9%	-26.95	-28.05	-27.26	-25.24	-23.25
Cashflow From Financing	-25.4%	67.00	89.00	26.00	-45.09	-105
Buy Backs	11.0%	10.00	9.00	-	-	-

Risks for LE

What is the probability of a big loss on LE?

96.5%

Probability that Lands End stock will be more than 20% underwater in next one year

95%

Probability that Lands End stock will be more than 30% underwater in next one year.

81.5%

Probability that Lands End stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lands End was unfortunately bought at previous high price.

Drawdowns

Returns for LE

Cumulative Returns on LE

-16.4%

7-Year Cumulative Returns

-15.6%

5-Year Cumulative Returns

3.2%

3-Year Cumulative Returns

What are the long-term rolling returns for LE?

FIve years rolling returns for Lands End.

Annualized Returns

Which funds bought or sold LE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-06	Rockefeller Capital Management L.P.	reduced	-45.79	-	-	-%
2023-02-21	MACQUARIE GROUP LTD	sold off	-100	-1,000	-	-%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	91.00	91.00	-%
2023-02-16	HARBOUR INVESTMENTS, INC.	unchanged	-	-1,078	2,922	-%
2023-02-15	GAMCO INVESTORS, INC. ET AL	added	21.81	244,845	1,483,840	0.02%
2023-02-15	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-166,000	-	-%
2023-02-15	Chimera Capital Management LLC	new	-	222,334	222,334	0.06%
2023-02-15	CHILTON INVESTMENT CO INC.	reduced	-17.05	-1,008,140	4,456,860	0.14%
2023-02-15	ALLIANCEBERNSTEIN L.P.	reduced	-72.44	-224,563	83,437	-%
2023-02-14	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-4.59	-86,966	1,310,030	0.03%

Latest Funds Activity

Are funds buying LE calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own LE

No. of Funds

Lands End News

Schedule 13G FIlings of Lands End

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 03, 2023	tisch thomas j	6.4%	2,120,573	SC 13G/A
Mar 16, 2022	esl partners, l.p.	0.1%	3,893	SC 13D/A
Nov 03, 2021	esl partners, l.p.	0.1%	3,893	SC 13D/A
Mar 12, 2021	tisch thomas j	6.1%	1,995,102	SC 13G
Mar 03, 2021	esl partners, l.p.	55.0%	17,921,709	SC 13D/A
Feb 16, 2021	capital research global investors	6.4%	2,100,000	SC 13G/A
Dec 23, 2020	esl partners, l.p.	61.3%	19,990,005	SC 13D/A
Feb 14, 2020	capital research global investors	6.8%	2,225,000	SC 13G/A
Dec 19, 2019	esl partners, l.p.	63.3%	20,488,003	SC 13D/A

LE Fair Value

Lands End fair value in different scenarios

The table shows the Fair Value estimates for Lands End for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	8.06 -5.18%	9.38 10.35%	10.48 23.29%	15.08 77.41%	20.37 139.65%
Current Inflation	7.69 -9.53%	8.86 4.24%	9.81 15.41%	13.80 62.35%	18.47 117.29%
Very High Inflation	7.22 -15.06%	8.20 -3.53%	8.98 5.65%	12.27 44.35%	16.21 90.71%

Historical Lands End Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Lands End

View All Filings

Date Filed	Form Type	Document
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 21, 2023	4	Insider Trading
Mar 16, 2023	8-K	Current Report
Feb 01, 2023	4	Insider Trading
Jan 09, 2023	8-K	Current Report
Jan 06, 2023	8-K	Current Report
Jan 03, 2023	SC 13G/A	Major Ownership Report

Latest Insider Trading transactions for LE

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-01-27	Galvin Robert	acquired	15,929	9.01	1,768	-
2022-10-28	Galvin Robert	acquired	15,927	10.52	1,514	-
2022-07-29	Galvin Robert	acquired	15,937	12.75	1,250	-
2022-04-29	Galvin Robert	acquired	15,926	14.02	1,136	-
2022-04-06	LAMPERT EDWARD S	sold	-47,340	16.2514	-2,913	-
2022-03-25	GRAY PETER L	sold (taxes)	-47,732	17.37	-2,748	evp, cao and general counsel
2022-03-25	GOOCH JAMES F	sold (taxes)	-49,348	17.37	-2,841	president and cfo
2022-03-25	GOOCH JAMES F	acquired	-	-	10,729	president and cfo
2022-03-25	TSAI CHIEH	sold (taxes)	-34,670	17.37	-1,996	evp, chief product officer
2022-03-25	Griffith Jerome	sold (taxes)	-299,737	17.37	-17,256	chief executive officer

About Lands End

Jerome S. Griffith

www.landsend.com

5000

Lands' End, Inc. operates as a uni-channel retailer of casual clothing, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party, and Retail segments. The company sells its products online through e-commerce, company operated stores, as well as through third party distribution channels under the Lands' End, Let's Get Comfy, Lands' End Lighthouse, Square Rigger, Squall, Super-T, Drifter, Outrigger, Marinac, Beach Living, as well as Supima, No-Gape, Starfish, Iron Knees, Hyde Park, Year' Rounder, ClassMate, Willis & Geiger, and ThermaCheck brands. As of January 28, 2022, it operated 30 stores. Lands' End, Inc. was founded in 1963 and is headquartered in Dodgeville, Wisconsin.

LE Income Statement

2022-10-28

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 28, 2022	Oct. 29, 2021	Oct. 28, 2022	Oct. 29, 2021
Income Statement [Abstract]
Net revenue	$ 370,983	$ 375,843	$ 1,025,826	$ 1,081,249
Cost of sales (excluding depreciation and amortization)	222,573	209,028	604,204	588,908
Gross profit	148,410	166,815	421,622	492,341
Selling and administrative	132,807	137,408	377,074	399,579
Depreciation and amortization	9,761	9,788	29,228	29,483
Other operating expense, net	3,096	140	3,135	583
Operating income	2,746	19,479	12,185	62,696
Interest expense	10,825	8,334	27,807	26,231
Other expense (income), net	230	(171)	(97)	(461)
(Loss) income before income taxes	(8,309)	11,316	(15,525)	36,926
Income tax (benefit) expense	(3,627)	3,917	(6,293)	10,667
NET (LOSS) INCOME	$ (4,682)	$ 7,399	$ (9,232)	$ 26,259
NET (LOSS) INCOME PER COMMON SHARE
Basic:	$ (0.14)	$ 0.22	$ (0.28)	$ 0.80
Diluted:	$ (0.14)	$ 0.22	$ (0.28)	$ 0.78
Basic weighted average common shares outstanding	33,064	32,981	33,196	32,910
Diluted weighted average common shares outstanding	33,064	33,698	33,196	33,708

LE Balance Sheet

2022-10-28

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 28, 2022	Jan. 28, 2022	Oct. 29, 2021
Current assets
Cash and cash equivalents	$ 28,829	$ 34,301	$ 37,926
Restricted cash	1,833	1,834	1,983
Accounts receivable, net	49,409	49,668	44,078
Inventories, net	564,856	384,241	479,793
Prepaid expenses and other current assets	47,205	36,905	41,418
Total current assets	692,132	506,949	605,198
Property and equipment, net	121,907	129,791	133,572
Operating lease right-of-use asset	31,441	31,492	32,782
Goodwill	106,700	106,700	106,700
Intangible asset	257,000	257,000	257,000
Other assets	3,786	4,702	4,512
TOTAL ASSETS	1,212,966	1,036,634	1,139,764
Current liabilities
Current portion of long-term debt	13,750	13,750	13,750
Accounts payable	228,863	145,802	184,569
Lease liability – current	5,808	5,617	5,609
Other current liabilities	111,872	146,263	142,828
Total current liabilities	360,293	311,432	346,756
Long-term borrowings under ABL Facility	160,000		70,000
Long-term debt, net	226,227	234,474	237,245
Lease liability – long-term	32,033	32,731	34,092
Deferred tax liabilities	45,087	46,191	47,325
Other liabilities	3,758	5,110	5,834
TOTAL LIABILITIES	827,398	629,938	741,252
Commitments and contingencies
STOCKHOLDERS’ EQUITY
Common stock, par value $0.01 authorized: 480,000 shares; issued and outstanding: 33,001, 32,983 and 32,985, respectively	330	330	330
Additional paid-in capital	369,198	374,413	372,313
Retained earnings	34,566	44,595	37,485
Accumulated other comprehensive (loss)	(18,526)	(12,642)	(11,616)
TOTAL STOCKHOLDERS’ EQUITY	385,568	406,696	398,512
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 1,212,966	$ 1,036,634	$ 1,139,764