US company Lands’ End’s gross profit up 0.8% in 1st quarter FY24

In the first quarter of fiscal 2024, American company Lands’ End reported a gross profit increase of 0.8 per cent, reaching $139.0 million, with a gross margin expansion to 48.7 per cent.
Net revenue decreased 7.8 per cent to $285.5 million, excluding revenue from the Delta Air Lines business.
Third-party net revenue increased to $37.5 million.

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