Lands' End stock (US5321681084): earnings update and what’s behind the recent move

Lands’ End (LE) reported Q1 2026 revenue down 9% year over year, citing temporary operational disruptions. Adjusted EBITDA was negative $6 million, down $16 million, amid shipment timing and tariff pressures. CEO Andrew McLean said distribution center upgrades are complete and backlog cleared, while consumer traffic rose double digits and Europe revenue grew double digits. The WHP Global joint venture is expected to add a royalty stream, though the new royalty structure reduced gross margin.

Lands’ End reported Q1 net income of $330.69 million, or $10.56/share, versus a year-ago net loss of $8.26 million, or $0.27/share. Net revenue fell 8.5% to $238.92 million. Adjusted results were a $0.11/share loss. For Q2, it forecasts a $0.16 to $0.06/share net loss and adjusted earnings of $0.06 to $0.16/share on $290–$310 million revenue. For FY26, it projects net earnings of $10.02–$10.34/share and adjusted net earnings of $0.32–$0.65/share on $1.30–$1.40 billion revenue. Shares were down a

LANDS' END, INC. (LE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 le-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Lands’ End Announces First Quarter Fiscal 2026 Results DODGEVILLE, Wis., June 9, 2026 (GLOBE NEWSWIRE) – Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the first quarter ended May 1, 2026. Andrew McLean, Ch

Albertsons Companies said it is voluntarily recalling four ready-to-eat products containing jalapeños supplied by Taylor Farms, including items sold at Randalls in Texas. The recall followed a supplier recall tied to an ongoing federal investigation and an FDA probe of a Salmonella Javiana outbreak. FDA reported 345 illnesses in 27 states, 36 hospitalizations, no deaths.

U.S. health authorities are investigating a Salmonella outbreak linked to Mexican jalapeño peppers. The CDC and FDA say 345 people are ill across 27 states, with 36 hospitalizations and no deaths. The supplier, Coast Citrus Distributors, recalled peppers sent to restaurants including Chipotle and QDOBA. Chipotle removed jalapeños from some outlets and shares fell over 8% on Aug. 4.

Realty Income (NYSE: O) says it began investing in data centers in late 2023 via a build-to-suit JV with Digital Realty, buying an 80% stake in an up to 48 MW facility. It also formed a hyperscale JV with Cloud Capital, targeting up to $1.4B investment for a 45% stake. Realty Income raised 2024 AFFO guidance to $4.44-$4.45/share and investment outlook to $10B.