August 8, 2001, 12:00 AM

Lands’ End web sales are up 32% while overall sales grow 4%

Sales at Landsend.com totaled $51 million, up from $39 million in the second quarter of last year. Internet sales in the second quarter accounted for 17.8% of Lands` End’s sales, up from 14% a year ago.

Internet sales in the second quarter increased 32% at Dodgeville, WI-based Lands` End Inc., while overall sales grew 4%, the company reported today.

Sales at Landsend.com totaled $51 million, up from $39 million in the second quarter of last year. Internet sales in the quarter accounted for 17.8% of Lands` End’s sales, up from 14% a year ago. Total revenue for the second quarter was $285.8 million, up from $275.6 million in the same quarter last year. Net income for the quarter was $3 million compared with a net loss of $1.9 million in the prior year.

For the first six months of the current year, total revenue was $596.9 million, up 6% from $561.5 million a year ago. First half Internet sales totaled $105 million, 17.6% of all sales, up 34.6% from $78 million, 13.9% of sales, a year ago.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Ernie Diaz / E-Commerce

Can Tencent win the mobile commerce battle with Alibaba?

The two Chinese Internet giants are increasingly encroaching on each other’s territories. A Beijing-based marketing ...

FPO

Matt Swan / E-Commerce

Do cash-back sites really drive incremental sales?

Yes, suggest data from Affiliate Window, an affiliate marketing network. And consumers spend more when ...

Advertisement