Land’s End raises FY25 EPS view to 62c-88c from 25c-64c, consensus 68c

Narrows FY25 revenue view to $1.33B-$1.4B from $1.33B-$1.45B, consensus $1.37B. Sees FY25 adjusted EBITDA $98M-$107M. Sees FY25 GMV up low to mid0single digits. Sees FY25 capital expenditures $25M. Bernie McCracken, CFO, stated, “We were pleased with several key bright spots in the second quarter, including a gross margin increase of approximately 90 basis points, which highlights the strength of our approach and the results of our ongoing operational and financial discipline. Building on the work we have done over the last several years to evolve our supply chain, we are actively implementing mitigation measures designed to effectively manage anticipated tariff headwinds for the remainder of fiscal 2025. As such, our guidance reflects the expected impact of tariffs at current levels.”