Stock of the Day: Does Lands’ End, Inc. Have Any Gas After Today’s Significant Decline?

Stock of the Day: Does Lands' End, Inc. Have Any Gas After Today's Significant Decline?

The stock of Lands’ End, Inc. (NASDAQ:LE) is a huge mover today! The stock decreased 2.62% or $0.39 during the last trading session, hitting $14.5. About 188,428 shares traded hands. Lands’ End, Inc. (NASDAQ:LE) has declined 39.73% since February 29, 2016 and is downtrending. It has underperformed by 50.16% the S&P500.
The move comes after 8 months negative chart setup for the $471.39 million company. It was reported on Oct, 1 by Barchart.com. We have $12.62 PT which if reached, will make NASDAQ:LE worth $61.28 million less.

According to Zacks Investment Research, “Lands’ End, Inc. operates as a multi-channel retailer. It offers men’s, women’s, and kids’ apparel, outerwear and swimwear; specialty apparel; accessories; footwear; and home products. The Company operates in two segments: Direct and Retail. It offers products through catalogs, online at www.landsend.com and affiliated specialty and international Websites, and through retail locations. Lands’ End, Inc. is based in Dodgeville, Wisconsin.”

More notable recent Lands’ End, Inc. (NASDAQ:LE) news were published by: Wsj.com which released: “Lands’ End CEO Federica Marchionni Is Pushed Out” on September 26, 2016, also Bloomberg.com with their article: “Lands’ End Falls as CEO Steps Down After Less Than Two Years” published on September 26, 2016, Marketwatch.com published: “Lands’ End CEO steps down, effective immediately” on September 26, 2016. More interesting news about Lands’ End, Inc. (NASDAQ:LE) were released by: Wsj.com and their article: “New Lands’ End CEO Delivers High Fashion—and a Culture Clash” published on May 06, 2016 as well as Moodys.com‘s news article titled: “Moody’s Downgrades Lands’ End’s CFR to B2; Outlook Stable” with publication date: September 16, 2016.

LE Company Profile

Lands’ End, Inc. (Lands’ End), incorporated on August 19, 1986, is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Firm operates through two divisions: Direct and Retail. The Firm offers products through catalogs, online at www.landsend.com.

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