Lands End Inc reports results for the quarter ended July 31 - Earnings Summary

Lands End Inc reported a quarterly adjusted loss of 12 cents per share for the quarter ended July 31, an improvement from a loss of 17 cents in the same quarter last year. Revenue fell 7.3% to $294.08 million, below analysts' expectations of $322.38 million. The company incurred a total loss of $3.67 million. Despite the losses, Lands End shares rose 35.1% this quarter. Analysts maintain a "buy" rating, with a median 12-month price target of $17.50, 17.3% above the last closing price of $14.47.