DODGEVILLE, WI (MetroSource-WSAU) – Lands’ End is reporting its first 12-month profit since 2014. The Dodgeville apparel company’s stock went up 26 percent yesterday following the positive earnings report. Lands’ End reported net income of $39.8-million, or $1.24-per-share.
The company attributes the positive number to increasing its online customer base in the United States.
CEO Jerome Griffith, who took over Lands’ End a year ago, said the company has made tremendous progress. “We have been able to stabilize the brand, really by returning to our roots.”
Lands’ End has become the official uniform provider for staff at Delta Airlines, and will open its first stand-alone store in the Chicago area in April or May, with others to open later this year.
Lands’ End has about 4,000 employees; 3,000 work in Dodgeville.
