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Land’s End Q1 revenue decline, reports loss

For the first quarter, net revenue decreased 5.5 percent to 303.7 million dollars at Land’s End compared to the first quarter of fiscal 2021. Gross margin for the quarter decreased approximately 350 basis points to 42.5 percent compared to 46 percent in the first quarter of fiscal 2021. Net loss was 2.4 million dollars or 7 cents loss per...

2 Jun 2022