On March 19, 2026, Lands' End, Inc. (NASDAQ: LE) announced its financial results for the fourth quarter and full year of fiscal 2025, which ended on January 30, 2026. The company reported a net revenue of $462.4 million for the fourth quarter, marking a 4.7% increase compared to $441.7 million in the same quarter of the previous year. The Gross Merchandise Value (GMV) also saw a mid-single-digit increase year-over-year. The U.S. Digital Segment net revenue was $402.3 million, reflecting a 5.3% rise from $381.9 million in Q4 FY 2024. Notably, the company announced a joint venture with WHP Global, which will allow Lands' End to leverage its intellectual property and expand its brand licensing strategy. WHP Global will pay $300 million for a 50% stake in the joint venture, which is expected to enhance growth opportunities and eliminate term loan debt. The transaction is anticipated to close by the end of the first quarter of fiscal 2026. The company also plans to host a conference call to discuss these results and the implications of the joint venture.

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