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Chris DeMuth Jr.
As Sears cuts Lands' End loose, investors should hold fast:
, $LEDMV, $
, $LSHAX, $
Yeah, I don't know if Land's end is exactly undervalued. A rough look at the business shows it's trading at a much higher multiple thanother
It isn't undervalued, when the sales/income numbers came out it surprised everyone. That brand was dying, and that's why nobody bought it.
I think there's more downside from here, I really only expect the stock to trade at around 20 or less.
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