Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, projections and $20 price target for Lands' End with the company announcing 2QFY25 (July) results after the close on Tuesday.</li><li>We believe the quarter was another key positive in the company's transformation to a leading lifestyle player, with Lands' End continuing to shift the product mix to higher margin licensed items, enjoying the full impact of warmer weather for the swimwear season and successfully navigating the current tariff driven waters.</li><li>We believe, especially in 2HFY25, when new licensing categories kick in and the back-to-school uniform segment ramps up, Lands' End will be poised to drive solid upside on both the top and bottom lines; as such, we reiterate our Buy rating and $20 price target for LE.</li></ul>

We are reiterating our Buy rating, projections and $20 price target for Lands' End with the company announcing 2QFY25 (July) results after the close on Tuesday.We believe the quarter was another key positive in the company's transformation to a leading lifestyle player, with Lands' End continuing to shift the product mix to higher margin licensed items, enjoying the full impact of warmer weather for the swimwear season and successfully navigating the current tariff driven waters.We believe, especially in 2HFY25, when new licensing categories kick in and the back-to-school uniform segment ramps up, Lands' End will be poised to drive solid upside on both the top and bottom lines; as such, we reiterate our Buy rating and $20 price target for LE.

LE: 2Q Preview: Creating the New Lands' End; Reiterate Buy, $20 PT

Lands' End Inc

LE: 2Q Preview: Creating the New Lands' End; Reiterate Buy, $20 PT