LE LANDS' END, INC.

Overview and Growth

In fiscal 2025, LANDS' END, INC. recorded $1.16B of revenue, net income of $5.51M, and an operating cash inflow of $49.62M. Revenue of $1.16B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 0.7% from $1.15B in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were $0.18, translating the period’s attributable earnings into the amount reported for each diluted share. Against diluted EPS of $0.20 in fiscal 2024, the current result was 10.0% lower. The revenue-to-assets relationship was 1.55x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $650.17M as gross profit before recognizing operating expenses and other items. Gross margin was 55.9%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was $44.27M, capturing profitability after direct costs and the operating expenses reflected in the statements. Operating margin measured 3.8%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $5.51M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 0.5% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $7.75M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 0.7%, relating income before taxes directly to revenue. Income tax expense totaled $2.24M, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 28.9% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

Total assets were $751.07M, supported by $506.77M of liabilities and $244.29M of shareholder equity. The near-term balance sheet paired $361.00M of current assets with $223.94M of current liabilities at the reporting date. Current assets covered current liabilities by 1.61x, leaving a positive buffer for near-term obligations. The company held $17.69M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 7.9%, excluding receivables and other current assets. Total debt was $227.21M, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 0.93x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 30.3%, comparing borrowing with the total asset balance. Liabilities represented 67.5% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 2.4%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 1.9% from $765.48M in fiscal 2024, leaving current total assets lower year over year.

Cash Flow and Earnings Quality

The company reported $49.62M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 9.01x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $29.22M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 58.9% of operating cash flow, leaving the remainder available as free cash flow. After capital spending, free cash flow was $20.40M, leaving cash available for debt reduction, shareholder returns, or further investment. Relative to revenue, free cash flow equaled 1.8%, showing how much sales converted into cash after investment. Free cash flow equaled 2.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Jan 30, 2026. Analysis generated Oct 21, 2026.