Segment Reporting

9 Months Ended

Oct. 27, 2023

Segment Reporting [Abstract]

Segment Reporting

NOTE 13. SEGMENT REPORTING

For the 39 weeks ended October 27, 2023, the Company’s operating segments consisted of: U.S. eCommerce, Europe eCommerce, Outfitters, Third Party and Retail. During the 39 weeks ended October 28, 2022, the Company’s operating segments included Japan eCommerce. See Note 9, Lands’ End Japan Closure.

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 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 customers.

•Retail sells products through 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)	October 27, 2023		Revenue			October 28, 2022		Revenue
Net revenue:
U.S. eCommerce	$	190,153		58.6	%	$	211,217		56.9	%
International (1)		26,242		8.1	%		37,969		10.2	%
Outfitters		74,317		22.9	%		80,768		21.8	%
Third Party		23,980		7.4	%		30,883		8.3	%
Retail		10,043		3.1	%		10,146		2.7	%
Total Net revenue	$	324,735				$	370,983

	39 Weeks Ended		% of Net			39 Weeks Ended		% of Net
(in thousands)	October 27, 2023		Revenue			October 28, 2022		Revenue
Net revenue:
U.S. eCommerce	$	563,776		58.9	%	$	589,398		57.5	%
International (1)		74,452		7.8	%		118,520		11.6	%
Outfitters		216,270		22.6	%		205,399		20.0	%
Third Party		71,364		7.5	%		79,815		7.8	%
Retail		31,794		3.3	%		32,694		3.2	%
Total Net revenue	$	957,656				$	1,025,826

(1)The 13 weeks and 39 weeks ended October 28, 2022 includes Net revenue of $9.5 million and $25.5 million, respectively, from the Japan eCommerce distribution channel. See Note 9, Lands’ End Japan Closure.