Lands’ End posts loss in 4Q 2022

After reporting a profit in the same period a year earlier, Lands’ End Inc. reported a fiscal fourth-quarter loss of $3.3 million, according to an Associated Press report.

On a per-share basis, the Dodgeville-based company said it had a loss of 10 cents.

The clothing maker posted revenue of $529.6 million in the period.

For the year, the company reported a loss of $12.5 million, or 38 cents per share, swinging to a loss in the period. Revenue was reported as $1.56 billion.

For the current quarter ending in April, Lands’ End said it expects revenue in the range of $295 million to $310 million.

The company expects a full-year loss of 18 cents to 3 cents per share, with revenue ranging from $1.56 billion to $1.62 billion.