Telsey Advisory lowered the firm's price target on Land's End to $20 from $25. Land's End's Q4 results modestly missed expectations as the return to year over year revenue growth was softer than anticipated and SG&A deleveraged more than expected, with adjusted results excluding unmitigated tariff costs, the analyst tells investors in a research note. Longer term, brand-elevation efforts, a shift toward licensing and marketplace models, and the pending JV with WHP Global are expected to enhance capital efficiency, reduce debt, and support more durable growth, despite the lack of FY26 guidance ahead of the transaction close, the firm says.
