LANDS END INC
For the period ended Aug 2, 2024. Filed Sep 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 2, 2024 · Filed Sep 5, 2024
LE$9.78+4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in thousands, except per share data) | August 2, 2024 | July 28, 2023 | February 2,2024 |
|---|---|---|---|
| ASSETS | |||
| Current assets | |||
| Cash and cash equivalents | $25,648 | $26,610 | $25,314 |
| Restricted cash | 2,239 | 1,833 | 1,976 |
| Accounts receivable, net | 27,420 | 25,095 | 35,295 |
| Inventories, net | 312,014 | 396,087 | 301,724 |
| Prepaid expenses and other current assets | 47,443 | 43,195 | 45,951 |
| Total current assets | 414,764 | 492,820 | 410,260 |
| Property and equipment, net | 106,758 | 125,325 | 118,033 |
| Operating lease right-of-use asset | 21,182 | 29,685 | 23,438 |
| Goodwill | — | 106,700 | — |
| Intangible asset | 257,000 | 257,000 | 257,000 |
| Other assets | 2,812 | 2,949 | 2,748 |
| TOTAL ASSETS | $802,516 | $1,014,479 | $811,479 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | |||
| Current liabilities | |||
| Current portion of long-term debt | $13,000 | $13,750 | $13,000 |
| Accounts payable | 143,886 | 156,342 | 131,922 |
| Lease liability – current | 5,351 | 5,643 | 6,024 |
| Accrued expenses and other current liabilities | 91,190 | 100,632 | 108,972 |
| Total current liabilities | 253,427 | 276,367 | 259,918 |
| Long-term borrowings under ABL Facility | 20,000 | 70,000 | — |
| Long-term debt, net | 230,227 | 218,022 | 236,170 |
| Lease liability – long-term | 20,843 | 29,973 | 22,952 |
| Deferred tax liabilities | 48,631 | 51,066 | 48,020 |
| Other liabilities | 2,874 | 3,283 | 2,826 |
| TOTAL LIABILITIES | 576,002 | 648,711 | 569,886 |
| Commitments and contingencies | |||
| STOCKHOLDERS’ EQUITY | |||
| Common stock, par value $0.01 authorized: 480,000 shares; issued and outstanding: 31,256, 32,087 and 31,433, respectively | 313 | 321 | 315 |
| Additional paid-in capital | 354,768 | 360,091 | 356,764 |
| (Accumulated deficit) Retained earnings | (112,284) | 21,597 | (99,417) |
| Accumulated other comprehensive loss | (16,283) | (16,241) | (16,069) |
| TOTAL STOCKHOLDERS’ EQUITY | 226,514 | 365,768 | 241,593 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $802,516 | $1,014,479 | $811,479 |
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