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$LE

4 stories mentioning LEUpdated 10d ago

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Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.6%.In corporate news, Lands' End (LE) shares fell 2.8% after it lowered the higher end of its fiscal 2026 revenue guidance.John Wiley & Sons (WLY) shares gained 2% after it reported fiscal Q1 results above analyst estimates.Campbell's (CPB) guided for a soft fiscal 2027 outlook amid persistent inflation worries and cut its quarterly dividend. Shares dropped past 8%.Tyson Foods (TSN) reduced its fiscal 2026 revenue growth guidance to a range of 1.5% to 2% from the previous range of 2.5% to 3.5%, the company said Thursday. Shares fell past 7%.

$CPB$LE$TSN$WLY
Wire

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

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%

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Wire

Lands' End Appoints Charlie Cole as CEO, Andrew McLean to Step Down

Lands' End (LE) said Tuesday it has appointed Charlie Cole as chief executive officer and member of the board, starting July 13.Cole will succeed Andrew McLean, who is stepping down but will serve in an advisory role during the transition, the company said.Cole most recently worked as an interim chief digital officer at Thuma, the company added.Shares of the company were down more than 8% in Tuesday trading.Price: $10.44, Change: $-0.96, Percent Change: -8.42%

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Wire

Klarna Partners With Lands' End to Offer Flexible Payment Options

Klarna (KLAR) said Thursday it partnered with Lands' End (LE) to offer flexible payment options on the retailer's website.The partnership adds Lands' End to Klarna's network of US retail partners.Financial details were not disclosed.Shares of Klarna were up more than 3% in Wednesday trading.Price: $17.55, Change: $+0.57, Percent Change: +3.36%

$KLAR$LE

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