NEW YORK (TheStreet) -- Shares of Land's End Inc. (LE) are higher by 8.88% to $43.77 in early afternoon trading on Thursday, as the stock continues to rise following yesterday's report that the company's 2014 second quarter net income increased to $11.8 million, or 37 cents per diluted share, compared to $11.3 million, or 35 cents per diluted share for the year ago quarter.
Analysts had expected the company to report EPS of 24 cents for the most recent quarter.
The casual clothing, footwear, and accessories retailer said sales grew by 5.4% to $3472.2 million for the 2014 second quarter, beating analysts' expectations of $340.2 million.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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