Lands' End Shares Fall After Cutting Higher End of Fiscal 2026 Revenue Outlook

02:57 PM EDT, 09/03/2026 (MT Newswires) -- Lands' End (LE) shares fell 1.4% in Thursday trading after it lowered the higher end of its fiscal 2026 revenue guidance. The company reported fiscal Q2 adjusted earnings of $0.09 per diluted share, swinging from a loss of $0.04 a year earlier. Four analysts polled by FactSet expected earnings of $0.09. Net revenue for the quarter ended July 31 was $302 million, up from $294.1 million a year earlier. Four analysts surveyed by FactSet expected $300.7 million. For fiscal Q3, the company said it expects adjusted EPS of $0.07 to $0.20 on revenue of $300 million to $330 million. Four analysts expect $0.20 and $326.1 million, respectively. For fiscal 2026, the company now expects adjusted EPS of $0.44 to $0.72 on revenue of $1.30 billion to $1.35 billion. It previously expected adjusted earnings of $0.32 to $0.65 on revenue of $1.30 billion to $1.40 billion. Four analysts expect $0.52 and $1.34 billion. Price: 11.11, Change: -0.16, Percent Change: -1.42