Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Lands' END, Inc.LE · shops
GradeSlothDfourth fifth of 258 graded peers; percentile 69.6, sampling error 2.9 points; lower is stronger
Rank180 of 258
ProfitabilityCpercentile 47.3
SolvencyCpercentile 48.0
Growth and financingD/Epercentile 79.2
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $751.1M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsshort runwaynot computable: dilution, distress
Inputs computable9 of 14
Graded fromfilings received through Mar 26, 2026197 days before the rescan; every figure keyed to the SEC receipt date
Last close$10.492026-10-08; market equity $310.1M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$10$15NovDecJanFebMarAprMayJunJulAugSepOctD$10.39
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Apr 21, 2015nonen/aQ4
Apr 21, 2018E93.5Q4
Mar 21, 2021D/E80.1Q4
Apr 21, 2021D67.4Q4
Apr 21, 2022B36.8Q4
Apr 21, 2023D66.1Q4
Feb 21, 2024C/D61.1Q4
Apr 21, 2024C50.6Q4
Mar 21, 2025B/C42.6Q4
Apr 21, 2025D70.2Q4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 26, 2026; the document on sec.gov.

As used in this Annual Report on Form 10-K, references to the “Company”, “Lands’ End”, “we”, “us”, “our” and similar terms refer to Lands’ End, Inc. and its subsidiaries. Our fiscal year ends on the Friday preceding the Saturday closest to January 31. Other terms commonly used in this Annual Report on Form 10-K are defined as follows: ABL Facility – Asset-based senior secured credit agreements, providing for a revolving facility, dated as of November 16, 2017, with Wells Fargo, N.A.

Warnings [top]

Short runway. cash runway is 5.2 months[3]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 47.3
Gross profitability86.6%[1,4]42.6%10.02422026-01-30
Return on invested capitalnot computable10.9%
prior invested-capital observation is 1092 days earlier
Accruals ratio(5.8%)[1,5-7](4.9%)45.12872026-01-30
Gross margin stability, five years3.9 pts[2,4,8-15]1.2 pts86.72192026-01-30
Solvency, sleeve percentile 48.0
Twelve-month failure probabilitynot computable0.04%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime1.71[1,16-21]1.9250.72082026-01-30
Net debt to EBITDAnot computable1.84x
latest aligned inputs end 2021-01-29; latest annual assets end 2026-01-30
Interest coverage1.21x[19,22]2.26x55.6642026-01-30
Current ratio1.61x[16-17]1.37x37.82952026-01-30
Growth and financing, sleeve percentile 79.2
Revenue growth, three-year compound(5.0%)[2,9,11,13]1.5%75.02692026-01-30
Free cash flow growth, three-year compoundnot computable5.6%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment rate(21.4%)[16-17,19,23-28]7.3%75.51522026-01-30
Asset growth, three years(11.5%)[1,7,29-30]3.4%87.12722026-01-30
Net share issuance, one yearnot computable(0.6%)
prior share count is 721 days earlier

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.181; sampling error 2.9 percentile points on 258 peers.

Among 258 Peers [top]

ABCDECOST, Costco Wholesale Corp.; A, percentile 4.7; market equity $420.1B; warnings: fortress balance sheetCOSTAMZN, Amazon COM Inc.; A/B, percentile 20.2; market equity $2.7T; warnings: fortress balance sheetAMZNHD, Home Depot, Inc.; B, percentile 32.3; market equity $294.8BHDTJX, TJX Companies Inc.; C, percentile 43.6; market equity $152.6BTJXWMT, Walmart Inc.; C, percentile 52.9; market equity $877.2BWMTMCD, Mcdonalds Corp.; D, percentile 63.4; market equity $167.6BMCDLE 69.6strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
175Star Group, L.P. (SGU)

Star Group, L.P. (SGU)

Dfourth fifth; percentile 67.7

NYSE · Retail-Retail Stores, NEC

market equity $426.2M; last close $12.91

No active warnings; 11 of 14 inputs

67.7D
176Arko Corp. (ARKO)

Arko Corp. (ARKO)

Dfourth fifth; percentile 68.1

Nasdaq · Retail-Convenience Stores

market equity $462.2M; last close $4.11

No active warnings; 12 of 14 inputs

68.1D
177Bloomin' Brands, Inc. (BLMN)

Bloomin' Brands, Inc. (BLMN)

Dfourth fifth; percentile 68.5

Nasdaq · Retail-Eating Places

market equity $726.1M; last close $8.47

No active warnings; 10 of 14 inputs

68.5D
178Educational Development Corp. (EDUC)

Educational Development Corp. (EDUC)

Dfourth fifth; percentile 68.9

Nasdaq · Wholesale-Miscellaneous Nondurable Goods

market equity $11.1M; last close $1.30

Warnings: fortress balance sheet; 7 of 14 inputs

68.9Dfortress balance sheet
179OneWater Marine Inc. (ONEW)

OneWater Marine Inc. (ONEW)

Dfourth fifth; percentile 69.3

Nasdaq · Retail-Auto & Home Supply Stores

last close $9.63

No active warnings; 7 of 14 inputs

69.3D
180Lands' END, Inc. (LE)

Lands' END, Inc. (LE)

Dfourth fifth; percentile 69.6

Nasdaq · Retail-Family Clothing Stores

market equity $307.0M; last close $10.49

Warnings: short runway; 9 of 14 inputs

69.6Dshort runway
181Willis Lease Finance Corp. (WLFC)

Willis Lease Finance Corp. (WLFC)

Dfourth fifth; percentile 70.0

Nasdaq · Wholesale-Machinery, Equipment & Supplies

market equity $846.0M; last close $39.99

No active warnings; 8 of 14 inputs

70.0D
182Builders FirstSource, Inc. (BLDR)

Builders FirstSource, Inc. (BLDR)

Dfourth fifth; percentile 70.4

NYSE · Retail-Lumber & Other Building Materials Dealers

market equity $5.8B; last close $53.80

No active warnings; 12 of 14 inputs

70.4D
183Wendy's Co. (WEN)

Wendy's Co. (WEN)

Dfourth fifth; percentile 70.8

Nasdaq · Retail-Eating & Drinking Places

market equity $1.2B; last close $6.23

No active warnings; 12 of 14 inputs

70.8D
184Ingram Micro Holding Corp. (INGM)

Ingram Micro Holding Corp. (INGM)

Dfourth fifth; percentile 71.2

NYSE · Wholesale-Computers & Peripheral Equipment & Software

market equity $6.4B; last close $27.59

No active warnings; 8 of 14 inputs

71.2D
185HF Foods Group Inc. (HFFG)

HF Foods Group Inc. (HFFG)

Dfourth fifth; percentile 71.6

Nasdaq · Wholesale-Groceries & Related Products

market equity $86.8M; last close $1.60

No active warnings; 9 of 14 inputs

71.6D
Peer policyLetterPercentilePeers
all graded filers, equal sleevesD72.72204
sector peers, equal sleeves (the grade)D69.6258
same exchange, equal sleevesD67.91219
sector peers, equal inputsD72.0258

Each letter is one fifth of the 258 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(16.1%)(0.1%)33hotter than 33 of 100 peers
Distance from 52-week high(45.7%)(24.1%)20closer to its high than 20 of 100 peers
EBIT to enterprise value8.0%5.3%77pricier than 23 of 100 peers
Free cash flow yield6.6%4.2%68pricier than 32 of 100 peers
Book value to price1.610.3691pricier than 9 of 100 peers
Sales to price4.351.7579pricier than 21 of 100 peers
Composite equity issuance, five years(10.0%)(16.7%)60more equity-funded than 60 of 100 peers
Relative strength against the sector, log excess return(0.15)0.0233ahead of 33 of 100 peers

Inputs: market equity $307.0M; EBIT $44.3M; free cash flow $20.4M; book equity $492.9M; sales $1.3B; debt $264.7M; cash $16.1M[31].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2026-01-30
Return on assets above zero0.7%✓ pass[5,7]
Operating cash flow above zero$49.6M✓ pass[6]
Return on assets improved(0.0 pts)✗ fail[5,7,29,32]
Operating cash flow exceeds net income$44.1M✓ pass[5-6]
Long-term leverage fell(0.3 pts)✓ pass[1,7,29,33-34]
Current ratio improved(1.6 pts)✗ fail[16-17,27-28]
No new shares issuedn/a[35-36]
Gross margin improved0.8 pts✓ pass[2,4,8-9]
Asset turnover improved6.5 pts✓ pass[2,7,9,29]
Cash, filings, liquidity
Cash and equivalents$16.1M[3]
Operating cash flow, four quarters-$37.3M[3,6,37-40]
Months of runway5.2
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing36
10-Q received Sep 3, 2026
Median daily dollar volume$2.0M
63 sessions
Days since newest grade input197

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$751.1M2026-01-302026-03-2610-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.3B2026-01-302026-03-2610-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$16.1M2026-07-312026-09-0310-Qfiling · viewer · series
4gross profitus-gaap:GrossProfit$650.2M2026-01-302026-03-2610-Kfiling · viewer · series
5net incomeus-gaap:NetIncomeLoss$5.5M2026-01-302026-03-2610-Kfiling · viewer · series
6operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$49.6M2026-01-302026-03-2610-Kfiling · viewer · series
7assetsus-gaap:Assets$765.5M2025-01-312026-03-2610-Kfiling · viewer · series
8gross profitus-gaap:GrossProfit$653.3M2025-01-312026-03-2610-Kfiling · viewer · series
9revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.4B2025-01-312026-03-2610-Kfiling · viewer · series
10gross profitus-gaap:GrossProfit$625.5M2024-02-022026-03-2610-Kfiling · viewer · series
11revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.5B2024-02-022026-03-2610-Kfiling · viewer · series
12gross profitus-gaap:GrossProfit$593.8M2023-01-272025-03-2710-Kfiling · viewer · series
13revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.6B2023-01-272025-03-2710-Kfiling · viewer · series
14gross profitus-gaap:GrossProfit$691.5M2022-01-282024-04-0310-Kfiling · viewer · series
15revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.6B2022-01-282024-04-0310-Kfiling · viewer · series
16current assetsus-gaap:AssetsCurrent$361.0M2026-01-302026-03-2610-Kfiling · viewer · series
17current liabilitiesus-gaap:LiabilitiesCurrent$223.9M2026-01-302026-03-2610-Kfiling · viewer · series
18retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$88.8M2026-01-302026-03-2610-Kfiling · viewer · series
19operating incomeus-gaap:OperatingIncomeLoss$44.3M2026-01-302026-03-2610-Kfiling · viewer · series
20book equityus-gaap:StockholdersEquity$244.3M2026-01-302026-03-2610-Kfiling · viewer · series
21liabilitiesus-gaap:Liabilities$506.8M2026-01-302026-03-2610-Kfiling · viewer · series
22interest expenseus-gaap:InterestExpense$36.7M2026-01-302026-03-2610-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$29.2M2026-01-302026-03-2610-Kfiling · viewer · series
24depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$30.2M2026-01-302026-03-2610-Kfiling · viewer · series
25pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$7.8M2026-01-302026-03-2610-Kfiling · viewer · series
26income taxus-gaap:IncomeTaxExpenseBenefit$2.2M2026-01-302026-03-2610-Kfiling · viewer · series
27current assetsus-gaap:AssetsCurrent$370.5M2025-01-312026-03-2610-Kfiling · viewer · series
28current liabilitiesus-gaap:LiabilitiesCurrent$227.6M2025-01-312026-03-2610-Kfiling · viewer · series
29assetsus-gaap:Assets$811.5M2024-02-022025-03-2710-Kfiling · viewer · series
30assetsus-gaap:Assets$1.1B2023-01-272024-04-0310-Kfiling · viewer · series
31shares outstandingdei:EntityCommonStockSharesOutstanding29,544,1542026-09-012026-09-0310-Qfiling · viewer · series
32net incomeus-gaap:NetIncomeLoss$6.2M2025-01-312026-03-2610-Kfiling · viewer · series
33long term debtus-gaap:LongTermDebtNoncurrent$214.2M2026-01-302026-03-2610-Kfiling · viewer · series
34long term debtus-gaap:LongTermDebtNoncurrent$224.9M2025-01-312026-03-2610-Kfiling · viewer · series
35shares outstandingdei:EntityCommonStockSharesOutstanding30,751,3372026-03-232026-03-2610-Kfiling · viewer · series
36shares outstandingdei:EntityCommonStockSharesOutstanding31,491,9742024-04-012024-04-0310-Kfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$86.5M2026-07-312026-09-0310-Qfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$74.2M2026-05-012026-06-0910-Qfiling · viewer · series
39operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$15.2M2025-10-312025-12-0910-Qfiling · viewer · series
40operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$469,0002025-08-012026-09-0310-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 69.6 is 9.6 points from the nearest band edge; sampling error is 2.9 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.