Added to YB: 2026-03-17
Pitch date: 2026-03-14
LE [bullish]
Lands' End, Inc.
-4.51%
current return
Author Info
No bio for this author
Company Info
Lands' End, Inc. operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniforms in the United States, Europe, and internationally.
Market Cap
$424.4M
Pitch Price
$14.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.69
P/E
36.59
EV/Sales
0.54
Sector
Specialty Retail
Category
special_situation
Lands’ End Into Next Week: A Re-Rate Catalyst Hiding Behind Tender Noise
LE: WHP paying $300M for 50% stake in brand IP JV; public holders keep OpCo + 50% IP interest. Post-close est. $70-80M EBITDA at low retail multiple + discounted IP value suggests material upside vs ~$14 price. Tender at $45 for 2.2M shares (7-8% proration likely) adds ~$2.4-2.5/share. Real catalyst: Mar 19 earnings call to clarify post-JV economics, debt paydown, royalty burden. Lampert control overhang & complexity creating opportunity.
Read full article (4 min)