---
title: "LANDS' END, INC. 1Q FY2026: Revenue $238.9M, EPS $10.56— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289232424.md"
description: "Lands' End reported Q1 FY2026 revenue of $238.9M, down 8.5% YoY due to supply chain disruptions. Net income surged to $330.7M and diluted EPS reached $10.56, driven by a one-time gain from the WHP joint venture completion. While U.S. digital sales fell, European eCommerce grew 14.5%. The company completed licensing its brand to the JV with a $50M annual royalty guarantee."
datetime: "2026-06-09T20:11:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289232424.md)
  - [en](https://longbridge.com/en/news/289232424.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289232424.md)
---

# LANDS' END, INC. 1Q FY2026: Revenue $238.9M, EPS $10.56— 10-Q Summary

LANDS' END, INC. reported first-quarter fiscal 2026 results with revenue of $238.9M, down from $261.2M a year earlier, and net income of $330.7M driven by a one-time gain related to the WHP transaction; diluted EPS was $10.56 compared with $(0.27) in the year-ago quarter.

**Financial Highlights**

-   Revenue was $238.9M for 1Q FY2026, compared with $261.2M in the prior-year quarter; YoY change (8.5%).
-   Net income was $330.7M for 1Q FY2026, versus a $8.3M loss in the prior-year quarter.
-   Diluted EPS was $10.56 for 1Q FY2026, versus $(0.27) in the prior-year quarter.

**Business Highlights**

-   Revenue decline of 8.5% was largely attributed to a temporary distribution and warehouse management system disruption that delayed shipments.
-   Channel trends: Europe eCommerce grew 14.5% year-over-year while U.S. Digital fell about 10%, affected by U.S. eCommerce and Outfitters shipment pacing.
-   Operational milestone: completed the WHP joint venture on April 1, 2026, licensing the Lands' End brand and IP to the JV with a royalty structure and $50M annual guaranteed minimum royalty.
-   Supply chain impacts from a new warehouse management rollout caused deleverage, higher shipping costs and an inventory build ahead of peak season.
-   Company focus remains on profitable third‑party sales and continued investment in digital marketing and customer acquisition.

Original SEC Filing: LANDS' END, INC. \[ LE \] - 10-Q - Jun. 09, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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