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Company achieved eps growth of 62.66 % to $0.79 in the fourth quarter 2019, Sales increased by 9.4 % to $
549 millions in comparison to $502 millions in the prior year quarter.
Compare to previous quarter eps more than doubled by 616.56 % from $0.11 per share and Sales surged by 61.6 % from $340 millions.
Net income of $25.516 millions in the fourth quarter 2019 increased by
57.4 % from net earnings of $16.211 millions reported in the fourth quarter 2019 a year ago. Lands End Inc also emphasized it's improving profit margins, where net margin rose to 4.64% in fourth quarter 2019, and operating margin edged up to 7.25%.
Looking into financial results for the fiscal year 2019, Lands End Inc reported Sales of $
1.45 billions and net income of $
19 millions.
Retail Apparel Company explained also, that Eps soared by 66.67 % to $0.60 per share from $0.36 in the previous fiscal year, while Sales decreased by
-0.1 % from $1.45 billions a year ago.
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