Duluth Holdings Reiterates Fiscal 2024 Outlook: Sees Net Sales Of Approximately $640M With Adjusted EPS Of Approximately ($0.22) Per Diluted Share
Portfolio Pulse from Nabaparna Bhattacharya
Duluth Holdings has reiterated its fiscal 2024 outlook, projecting net sales of approximately $640 million and an adjusted EPS of around ($0.22) per diluted share.
August 29, 2024 | 9:56 am
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Duluth Holdings has reiterated its fiscal 2024 outlook, expecting net sales of $640 million and an adjusted EPS of ($0.22) per share. This indicates a challenging financial year ahead.
The reaffirmation of a negative EPS suggests that Duluth Holdings is expecting a challenging financial year, which could lead to a negative short-term impact on its stock price. The market may react unfavorably to the anticipated loss.
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