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Segment Reporting
9 Months Ended
Nov. 01, 2024
Segment Reporting [Abstract]  
Segment Reporting

NOTE 12. SEGMENT REPORTING

 

For the 39 weeks ended November 1, 2024, the Company’s operating segments consisted of: U.S. eCommerce, Europe eCommerce, Outfitters, Third Party and Retail.

 

The Company determined that each of the operating segments have similar economic and other qualitative characteristics, thus the results of the operating segments are aggregated into one external reportable segment.

 

Lands’ End identifies five separate distribution channels for revenue reporting purposes:

 

U.S. eCommerce offers products through the Company’s eCommerce website.

 

International offers products primarily to consumers located in Europe and through the Company’s eCommerce international websites and third-party affiliates.

 

Outfitters sells uniform and logo apparel to businesses and their employees, as well as to student households through school relationships, located primarily in the U.S.

 

Third Party sells the same products as U.S. eCommerce but direct to consumers through third-party marketplace websites and through domestic wholesale relationships. In addition, Third Party generates revenue from licensing agreements.

Retail sells products through the Company Operated stores.

 

Net revenue is presented by distribution channel in the following tables:

 

 

 

13 Weeks Ended

 

% of Net

 

 

13 Weeks Ended

 

% of Net

 

(in thousands)

 

November 1, 2024

 

Revenue

 

 

October 27, 2023

 

Revenue

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

U.S. eCommerce

 

$

186,071

 

 

58.4

%

 

$

190,153

 

 

58.6

%

International

 

 

25,012

 

 

7.9

%

 

 

26,242

 

 

8.0

%

Outfitters

 

 

73,372

 

 

23.0

%

 

 

74,317

 

 

22.9

%

Third Party

 

 

25,528

 

 

8.0

%

 

 

23,980

 

 

7.4

%

Retail

 

 

8,645

 

 

2.7

%

 

 

10,043

 

 

3.1

%

Total Net revenue

 

$

318,628

 

 

 

 

$

324,735

 

 

 

 

 

 

39 Weeks Ended

 

% of Net

 

 

39 Weeks Ended

 

% of Net

 

(in thousands)

 

November 1, 2024

 

Revenue

 

 

October 27, 2023

 

Revenue

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

U.S. eCommerce

 

$

544,939

 

 

59.2

%

 

$

563,776

 

 

58.9

%

International

 

 

72,930

 

 

7.8

%

 

 

74,452

 

 

7.7

%

Outfitters

 

 

179,208

 

 

19.5

%

 

 

216,270

 

 

22.6

%

Third Party

 

 

93,096

 

 

10.1

%

 

 

71,364

 

 

7.5

%

Retail

 

 

31,099

 

 

3.4

%

 

 

31,794

 

 

3.3

%

Total Net revenue

 

$

921,272

 

 

 

 

$

957,656