RTTNews | Dec 2, 2021 12:22PM EST

12:21 Thursday, December 2, 2021 (RTTNews.com) - Shares of specialty retailer Lands' End, Inc. (LE) are down 11 percent on Thursday's trading after its third-quarter revenues came in below market expectations. The company posted net income of $7.39 million or $0.22 per share in the third quarter, compared to $7.18 million or $0.22 per share in the year-ago quarter, while analysts were looking for earnings of $0.21 per share for the period.

Net revenue was up 4.4 percent to $375.8 million from $359.9 million in the same period last year, while analysts were looking for revenues of $397.0 million.

Currently at $19.56, the stock has traded between $17.64 and $44.40 during the past 52 weeks.

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