LANDS' END, INC. (LE): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

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

SK Hynix’s board approved Aug 7, 2026 capital of ₩54.3T ($38.0B) for two South Korea fabs. Yongin Y2 DRAM fab gets ₩35.2T ($24.6B) and Cheongju M17 NAND fab gets ₩19.1T ($13.4B). First meaningful output is no earlier than 2029. Article cites US has no HBM wafer capacity and packaging grants cover assembly, not wafers.

BP PLC fired Chairman Albert Manifold months after he took the role, citing serious concerns about governance standards, oversight, and conduct, according to BP’s board. BP shares fell about 9.3% after the news, with the stock at 529 pence in London. The move adds to leadership churn as BP seeks a turnaround under CEO Meg O’Neill.

SK Hynix is considering options for its Chongqing, China semiconductor packaging and testing facility, including possibly bringing in an investor to accelerate growth. People familiar said a potential stake sale could value the plant at about US$3 billion and SK Hynix may keep a minority stake. Separately, it plans a 54 trillion won (US$38 billion) South Korea expansion for DRAM and NAND.