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Top Shop-Eat-Surf-outdoor.com News
Intellectual Property (IP)Quick Read
Lands’ End (LE) received $300M from WHP Global for 50% of a joint venture. Most proceeds repay its $234M term loan.
Lands’ End will pay minimum $50M annual royalties to the joint venture. This expense could pressure margins if growth disappoints.
The stock jumped 33% from around $14 before the deal. The surge reduces margin of safety for new investors.
It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stoc…See the Story
Did Lands' End Just Become a Must-Buy Retail Stock?
100% Center coverage: 3 sources
