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Lands' End (Lands' End) Gross Margin %

: 37.95% (As of Jan. 2024)
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Gross Margin % is calculated as gross profit divided by its revenue. Lands' End's Gross Profit for the three months ended in Jan. 2024 was $195 Mil. Lands' End's Revenue for the three months ended in Jan. 2024 was $515 Mil. Therefore, Lands' End's Gross Margin % for the quarter that ended in Jan. 2024 was 37.95%.


The historical rank and industry rank for Lands' End's Gross Margin % or its related term are showing as below:

LE' s Gross Margin % Range Over the Past 10 Years
Min: 38.17   Med: 42.47   Max: 47.32
Current: 42.48


During the past 13 years, the highest Gross Margin % of Lands' End was 47.32%. The lowest was 38.17%. And the median was 42.47%.

LE's Gross Margin % is ranked better than
60.66% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 36.8 vs LE: 42.48

Lands' End had a gross margin of 37.95% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lands' End was -1.00% per year.


Lands' End Gross Margin % Historical Data

The historical data trend for Lands' End's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lands' End Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.88 42.44 42.25 38.17 42.48

Lands' End Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.50 44.56 43.17 46.99 37.95

Competitive Comparison

For the Apparel Retail subindustry, Lands' End's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lands' End Gross Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Lands' End's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lands' End's Gross Margin % falls into.



Lands' End Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Lands' End's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=625.5 / 1472.508
=(Revenue - Cost of Goods Sold) / Revenue
=(1472.508 - 846.981) / 1472.508
=42.48 %

Lands' End's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=195.4 / 514.852
=(Revenue - Cost of Goods Sold) / Revenue
=(514.852 - 319.452) / 514.852
=37.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Lands' End  (NAS:LE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lands' End had a gross margin of 37.95% for the quarter that ended in Jan. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Lands' End Gross Margin % Related Terms

Thank you for viewing the detailed overview of Lands' End's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lands' End (Lands' End) Business Description

Traded in Other Exchanges
Address
1 Lands' End Lane, Dodgeville, WI, USA, 53595
Lands' End Inc is a United States-based multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company's operating segment includes U.S. eCommerce; International; Outfitters; Third Party and Retail. It generates maximum revenue from the U.S. eCommerce segment. The U.S. eCommerce segment offers products through the company's eCommerce website. Geographically, it derives a majority of its revenue from the United States.
Executives
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Angela S. Rieger officer: Chief Transformation Officer LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Andrew J. Mclean director, officer: CEO - Designate 77 HOT METAL STREET, PITTSBURGH PA 15203
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Jerome Griffith director, officer: President and CEO C/O TUMI, INC., 1001 DURHAM AVENUE, SOUTH PLAINFIELD NJ 07080
Sarah W. Rasmusen officer: EVP, CHIEF CUSTOMER OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Jignesh Patel director 1 LANDS' END LANE, DODGEVILLE WI 53595
Chieh Tsai officer: CHIEF PRODUCT OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Peter L Gray officer: EVP & CAO C/O TUMI HOLDINGS INC, 1001 DURHAM AVE, SOUTH PLAINFIELD NJ 07080
James F Gooch officer: EVP, COO & CFO C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Mccracken Bernard Louis Iii officer: VP, Chief Accounting Officer 500 PLAZA DRIVE, SECAUCUS NJ 07094
Maureen Mullen director LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Gill Brown Hong officer: EVP, CMO & Head of Intl. 1 LANDS' END LANE, DODGEVILLE WI 53595
Jonah Staw director 951 LONGRIDGE ROAD, OAKLAND CA 94610
Robert A Bowman director C/O MLB COM, 75 9TH AVE 5TH FLOOR, NEW YORK NY 10011

Lands' End (Lands' End) Headlines