Lands' End: A Return To Growth In Q4, Shares Fairly Valued

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Justin Purohit2.52K FollowersFollow5ShareSavePlay(7min)Comment(1)SummaryLands’ End just reported its Q4 results, and I view the print in a positive light.The apparel company returned to growth at the topline and grew gross profit 4.1% YOY.In January, Lands’ End announced the formation of a joint venture with WHP Global. I believe this venture will be the key catalyst for the company from current levels.I am neutral on the prospects and view shares as fairly valued. Maskot/DigitalVision via Getty Images Apparel company Lands’ End (LE) is undergoing positive change, and investors following the stock seem to like what they see. Though shares are in the red on a YTD basis, the stock is still up 20% overThis article was written byJustin Purohit2.52K FollowersFollowProviding timely and quick to the punch analysis of earnings and macro-related events across various sectors, with a focus on retail and real estate. I am a licensed CPA.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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