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Added to YB: 2020-07-01

Pitch date: 2020-07-01

LE [bullish]

Lands' End, Inc.

+87.15%

current return

Author Info

Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.

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

$501.1M

Pitch Price

$8.25

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.68

P/E

86.11

EV/Sales

0.59

Sector

Specialty Retail

Category

turnaround

Show full summary:
Greenhaven Road New Position - Lands End ($LE)

LE: Lands' End turnaround. Online apparel retailer at $200M market cap. Missteps withdrawing from Sears, but now focused on heritage brand, expanding via Amazon/Kohl's partnerships. Experienced CEO aligned w/ $1M stock purchase. May e-commerce +double digits YoY. Affirmed $100M annual cash generation target pre-COVID. Upside potential.

Read full article (3 min)