Duluth Holdings: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Duluth Holdings (NASDAQ:DLTH) reported Q3 earnings with an EPS of $-0.32, missing estimates by 23.08% and a revenue decline from the same period last year. The company's past earnings performance shows a pattern of mixed results, with the share price dropping 1.42% the day after missing EPS last quarter.
November 30, 2023 | 11:00 am
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Duluth Holdings reported a larger than expected loss in Q3 with an EPS of $-0.32, missing estimates by 23.08%, and a year-over-year revenue decline. Historical data shows a share price drop following previous earnings misses.
Given the earnings miss and historical share price reaction to negative earnings surprises, it is likely that DLTH's stock price will experience short-term downward pressure. The significance of the earnings miss and the pattern of past performance suggest a negative impact on investor sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100