Fort Warren Capital Management Lp Exits Position in Lands' End (LE)

Lands' End (LE) : Fort Warren Capital Management Lp has sold out all of its stake in Lands' End during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 385,036 shares of Lands' End which is valued at $6,079,718.

Other Hedge Funds, Including , Tudor Investment Corp Et Al sold out all of its stake in LE during the most recent quarter. The investment firm sold 9,287 shares of LE which is valued $146,642.Vanguard Group Inc boosted its stake in LE in the latest quarter, The investment management firm added 21,826 additional shares and now holds a total of 1,115,264 shares of Lands' End which is valued at $17,610,019. Penserra Capital Management added LE to its portfolio by purchasing 3,642 company shares during the most recent quarter which is valued at $56,560. Lands' End makes up approx 0.01% of Penserra Capital Management’s portfolio.

Lands' End opened for trading at $16.84 and hit $19.67 on the upside on Thursday, eventually ending the session at $18.71, with a gain of 6.31% or 1.11 points. The heightened volatility saw the trading volume jump to 6,20,149 shares. Company has a market cap of $599 M.

On the company’s financial health, Lands' End reported $-0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Sep 1, 2016. Analyst had a consensus of $-0.02. The company had revenue of $292.00 million for the quarter, compared to analysts expectations of $292.25 million. The company’s revenue was down -6.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.

Lands’ End Inc. (Lands’ End) is a multi-channel retailer of casual clothing accessories and footwear as well as home products. The Company operates through two business segments: Direct and Retail. The Direct segment sells products through the Company’s e-commerce Websites such as; international Websites and direct mail catalogs. The Retail segment sells products and services through Lands’ End Shops at Sears across the United States the Company’s standalone Lands’ End Inlet stores and international shop-in-shops. The Company’s product categories include Apparel and Non-apparel. The Non-apparel category offers accessories footwear and home goods. The Company also offers embroidery monogramming gift wrapping shipping and other services.

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