What move does the options market price into Lands' END's report?

Implied ±17.6%, either direction.

How often does Lands' END move more than the options market prices?

1 of the last 8 reports moved at least as far as the implied move.

LENasdaqRetail-Family Clothing Stores

Lands' END, Inc. (LE) earnings date, market-implied expected move, and options open interest by expiry

9.50

−0.04 · −0.42%

post 10.13 +6.65%

After hours15:59 ET

Open9.76Volume140,312Mkt cap$281.9MP/E0.80

Day9.76 – 10.2773%52-wk9.25 – 20.048%

Lands' END, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.6%implied · straddle

7.8611.22

spot 9.54exp Dec 18ATM strike 10ATM straddle 1.97IV 72%

Nov 3 closethin chain

Expected move

Inputs

Next report

Dec 8

before open · in 34 days

est.Q3 FY26

Calendar

Next report

Last report

−3.99%

vs ±13.7% implied · ×0.29

shaded = implied · ▲▼ = realized

Sep 3 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+7.54%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

125 managers

Top fund weight

0.00%

LE weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Lands' END (LE) is expected to report on Dec 8 before open (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±13.6%
avg realized: ±8.1%

Dec 5 '24Dec 5 '24confirmed±14.1%▼−12.99%×0.92

Mar 20 '25Mar 20 '25confirmed±9.6%▼−11.19%×1.17

Jun 5 '25Jun 5 '25confirmed±15.7%▲+13.02%×0.83

Sep 9 '25Sep 9 '25confirmed±15.0%▲+4.86%×0.32

Q3 FY25Dec 9 '25confirmed±13.7%▼−9.02%×0.66

Mar 19 '26Mar 19 '26confirmed±12.1%▲+1.33%×0.11

Q1 FY26Jun 9 '26confirmed±15.1%▲+8.47%×0.56

Q2 FY26Sep 3 '26confirmed±13.7%▼−3.99%×0.29

quarterimplied−20%0+20%realized×

Q2 FY26±13.7%▼−3.99%×0.29

Q1 FY26±15.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 1 expiry · Oct 28 close

0.27OI · 1 expiry · Oct 28 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

54−13%Dec 1844d199+18%

ExpiryPutsCallsP/C

Dec 1844d54−13%199+18%0.27

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±17.6%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

1.14%as filednet margin · revenue +26.42% QoQ · +2.71% YoY

Revenue

$302M+26.42% QoQ

Gross profit

$157M+40.81% QoQ

51.99% margin

Operating income

$4M+108.94% QoQ

1.31% margin

Pre-tax income

$8M−98.10% QoQ

Net income

$3M−98.96% QoQ

1.14% margin

Cost of revenue

$145M+13.83% QoQ

Operating expenses

$153M−1.64% QoQ

SG&A $135M

Other operating $12M

Depreciation $6M

Tax

$5M−95.33% QoQ

Other income

$4M−99.10% QoQ

Revenue$302M+26.42%

Gross profit

$157M+40.81%

51.99% margin

Operating income

$4M+108.94%

1.31% margin

Pre-tax income

$8M−98.10%

Net income

$3M−98.96%

1.14% margin

Cost of revenue

$145M+13.83%

Operating expenses

$153M−1.64%

SG&A $135M

Other operating $12M

Depreciation $6M

Other income$4M−99.10%

Tax$5M−95.33%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jul 31 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 15:45 ET

Intraday

Event sensitivity

FOMC ×0.85· ±2.4% vs ±2.8% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.4%10 of 24×0.85

CPROFcorporate profits±2.2%4 of 12×0.80

GDPgross domestic product±2.2%5 of 19×0.79

CPIconsumer prices±2.2%5 of 10×0.77

PCEpersonal income & outlays±2.1%7 of 19×0.73

PPIproducer prices±2.0%5 of 10×0.72

NFPjobs report±1.9%3 of 10×0.69

Bar = avg |move| to ±3% · tick = ±2.8% avg day · ×base = |move| ÷ ±2.8% · min 6 releases

Earnings history

EPS 0.11 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Sep 3 '26 · confirmed	0.11	—
Q1 FY26	Jun 9 '26 · confirmed	10.56	—
Q3 FY25	Dec 9 '25 · confirmed	0.17	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod