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LE - Lands` End, Inc.
-0.57(-6.88%)8:00:01 PM 9/30/2022
Lands' End is an American clothing and home decor retailer founded in 1963 and based in Dodgeville, Wisconsin, that specializes in casual clothing, luggage, and home furnishings. The majority of the company's business is conducted through mail order and Internet sales, but the company also has retail stores, primarily in the Upper Midwest, along with international shops in the UK, Germany, Japan, France and Austria. From 2002 to 2014, Lands' End was a subsidiary of Sears Holdings.[citation needed] Lands' End began as a mail-order yachting supply company in 1963 in Chicago. It was founded by Gary Comer, along with his partners, 1963 Pan American Games gold medalist sailors Richard Stearns and Robert Halperin, and two of Stearns' employees. As the business became successful, it expanded into general clothing and home furnishings, and moved to Dodgeville, Wisconsin in 1978. The company is named from its sailboat heritage, after Land's End, but the misplaced apostrophe in the company name was a typographical error that Comer could not afford to change, as promotional materials had already been printed.
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    This Analyst Sees Solid Long-Term Growth Prospects For Lands' End

    Telsey Advisory Group analyst Dana Telsey reiterated the Less Risk rating on the shares of Lands' End Inc (NASDAQ: LE) with a price target of $18.00. The company announced the appointment of Andrew McLean as the next CEO, following the planned retirement of CEO Jerome Griffith, effective at the end of FY22. To ensure a smooth transition, McLean will join the company as CEO-Designate and Board member on November 1, 2022. Griffith will continue to serve as a Director after his retirement. Related:

    Lands' End hires American Eagle exec to be CEO

    Lands' End Inc. on Monday named Andrew McLean as CEO-designate to succeed Jerome Griffith, who will retire as CEO on Jan. 27 and become executive vice chair of the company's board. McLean, who is president, international of American Eagle Outfitters Inc. , will join Lands' End on Nov. 1. Griffith will remain on the Lands' End board of directors and is expected to be nominated for re-election at the company's 2023 annual meeting. Shares of Lands' End are down 46.5% in 2022, compared to a 14.7% dr

    Lands’ End Announces CEO Succession Plan

    Andrew McLean to Succeed Jerome Griffith as CEO at End of 2022 Fiscal Year in January 2023 Griffith Will Continue Serving on Board of Directors and Become Executive Vice Chair After Retiring as CEO McLean to Join Lands’ End as CEO-Designate and Board Member on November 1 DODGEVILLE, Wis., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE), a classic American lifestyle brand, today announced that Andrew McLean, President, International of American Eagle Outfitters, will join Lands’

    Lands’ End Creates Collection With Country Music Icon Blake Shelton

    Exclusive new Blake Shelton x Lands' End styles harmonize comfort and style for the whole family and home Blake Shelton x Lands' End Blake Shelton x Lands' End DODGEVILLE, Wis., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Lands’ End, a classic American lifestyle brand, and Blake Shelton, a country music superstar and television personality, today announce a fall and holiday collection – Blake Shelton x Lands' End. The collaboration will offer apparel for every member of the family – pets included! – as w

    Market is not liking Lands' End's (NASDAQ:LE) earnings decline as stock retreats 26% this week

    Investing in stocks comes with the risk that the share price will fall. Anyone who held Lands' End, Inc. ( NASDAQ:LE...

    Why Lands' End Stock Plunged Today

    Shares of Lands' End (NASDAQ: LE) fell 15% on Thursday after the clothing and home decor retailer cut its sales and profit forecast. Lands' End's net revenue decreased by 8.6% year over year to $351.2 million in its fiscal second quarter, which ended on July 29. The decline was due mainly to a 16% drop in e-commerce sales, which were dented by supply chain disruptions.

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    Lands’ End slashes full-year outlook, stock tumbles

    Despite topping earnings estimates, Lands' End stock is moving to the downside after the company slashed its full-year outlook.