Duluth Holdings Q3 EPS $(0.32) Misses $(0.26) Estimate, Sales $138.21M Miss $141.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
Duluth Holdings (NASDAQ:DLTH) reported a larger than expected quarterly loss of $(0.32) per share compared to the $(0.26) estimate, a 68.42% decrease from the previous year. Sales also fell short at $138.21M versus the expected $141.47M, marking a 6.06% year-over-year decline.
November 30, 2023 | 10:53 am
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Duluth Holdings reported a significant earnings and sales miss for Q3, with EPS and revenue both falling short of analyst estimates and showing year-over-year declines.
The reported earnings miss and year-over-year decline in both EPS and sales are likely to negatively impact investor sentiment and could lead to a short-term decrease in Duluth Holdings' stock price.
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