Filing Flows › Lands'' End (LE) › Q2 FY27
Lands'' End (LE) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 3, 2026
Lands'' End (LE) reported revenue of $269M for the second quarter fiscal 2027 (Q2 FY27), +5% from a year earlier and +31% from the quarter before. Operating margin was 3.0%, net earnings $3.5M (1.3% of revenue).
Lands'' End, Q2 FY27: revenue $269M (+5% year over year), operating margin 3.0%, net earnings $3.5M, operating cash flow −$12.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $269M | +31% | +5% |
| Gross profit | $157M | +41% | +9% |
| Operating profit | $8.2M | — | +106% |
| Net earnings | $3.5M | -99% | — |
| Operating cash flow | −$12.3M | — | -154% |
What changed
Revenue was $268.9M in Q2 FY27, up 5% year over year and up 31% from the previous quarter. U Se Commerce was the largest line at 68% of revenue. U Se Commerce added $15.1M year over year (up 9%), 111% of the total change. Licensing and Retail declined 30%.
Gross margin was 58.4%, up 2.2 points from Q2 FY26. Operating profit was $8.2M, a 3.0% margin (up 1.5 points year over year). Of the extra revenue versus Q2 FY26, 31% reached operating profit, above the 2% margin then. Operating expenses grew 7% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+35%). Net earnings were $3.5M. The effective tax rate was 58.0%.
Operating cash flow was −$12.3M. Non-cash charges added back $6.1M of depreciation and amortization. Working capital and other items used $21.9M. Capital expenditures of $13.8M exceeded it, leaving free cash flow of −$26.1M.
Questions
What was Lands'' End's revenue in the second quarter fiscal 2027?
Lands'' End (LE) reported revenue of $269M for the second quarter fiscal 2027 (Q2 FY27), +5% from a year earlier and +31% from the quarter before.
Was Lands'' End profitable in the second quarter fiscal 2027?
Operating profit was $8.2M (3.0% of revenue) and net earnings $3.5M.
Source: Lands'' End 10-Q on SEC EDGAR.