Lands’ End Announces First Quarter 2024 Results
DODGEVILLE, Wis, June 05, 2024 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ:LE) today announced financial results for the first quarter ended May 3, 2024.
Andrew McLean, Chief Executive Officer, stated, “Our performance in the first quarter continued the considerable momentum we generated in 2023 and resulted in an increase in our Gross Merchandise Value, an increase in gross profit dollars and significant gross margin expansion. Our value creation strategy, centered around Lands’ End being the innovative, asset-light solutions-based brand that’s ready for life’s every journey, is yielding the operational and financial results we’re targeting and positioning us well to further build the brand and grow our loyal customer base.”