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, $20 price target and projections for Lands' End as we review the July catalog.</li><li>July is the final month of material swimwear focus, as Lands' End begins to shift to Fall fashion (and outerwear); as such, the catalog is the smallest of the swimwear season (60 pages) and focuses on swim solutions, in multiple technologies, fabrics and colors, for the Lands' End customer looking to buy looks and go on vacation (or out to her pool).</li><li>Further, for the Lands' End customer who is already set for swim, there are continued lifestyle expansions in linen, denim, coordinated sets, and lightweight and slender tops.</li></ul>

We are reiterating our Buy rating, $20 price target and projections for Lands' End as we review the July catalog.July is the final month of material swimwear focus, as Lands' End begins to shift to Fall fashion (and outerwear); as such, the catalog is the smallest of the swimwear season (60 pages) and focuses on swim solutions, in multiple technologies, fabrics and colors, for the Lands' End customer looking to buy looks and go on vacation (or out to her pool).Further, for the Lands' End customer who is already set for swim, there are continued lifestyle expansions in linen, denim, coordinated sets, and lightweight and slender tops.

LE: Snapping the Catalog; Winding Down Summer in Style; Reiterate Buy, $20 PT

Lands' End Inc

LE: Snapping the Catalog; Winding Down Summer in Style; Reiterate Buy, $20 PT