India, June 9 -- Uni-channel retailer Lands' End, Inc. (LE) reported Tuesday net income for the first quarter of $330.69 million or $10.56 per share, compared to a net loss of $8.26 million or $0.27 per share in the prior-year quarter.
Excluding items, adjusted net loss for the quarter were $0.11 per share, compared to adjusted net loss of $0.18 per share in the year-ago quarter.
Net revenue for the quarter decreased 8.5 percent to $238.92 million from $261.21 million in the same quarter last year.
Looking ahead to the second quarter, the company expects a net loss in a range of $0.16 to $0.06 per share and adjusted earnings in a range of $0.06 to $0.16 per share on net revenue between $290.0 million and $310.0 million.
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