Streetbeat News

DLTH

Duluth Holdings Inc.

https://www.duluthtrading.com

Industry

Apparel - Retail

Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank, Wild Boar Mocs, and Buck Naked. The company markets its products through its Website, catalogs, and retail stores. As of January 30, 2022, it operated 62 retail stores and three outlet stores. The company was formerly known as GEMPLER'S, Inc. Duluth Holdings Inc. was founded in 1989 and is headquartered in Mount Horeb, Wisconsin.

Open

3.68

Mkt cap

123M

Volume

36K

High

3.68

P/E Ratio

-7.78

52-wk high

5.82

Low

3.50

Div yield

N/A

52-wk low

3.09

Duluth Holdings (NASDAQ:DLTH) reported a Q4 FY23 sales increase of 1.6% Y/Y to $245.6 million, surpassing the consensus of $242.5 million. The growth was driven by higher conversion rates and mobile penetration, with women's apparel net sales up 12.4% Y/Y. However, gross margin fell to 48.2% from 51.2%, and EPS of $0.21 missed the consensus of $0.27. The company has no outstanding bank debt and expects FY24 net sales of $640 million-$660 million and EPS of $(0.22)-$(0.07). DLTH shares rose 0.34% to $4.415.

Portfolio Pulse from Lekha Gupta

March 07, 2024 | 6:12 pm

Duluth Holdings projects FY24 net sales to be between $640M-$660M, slightly below the estimated $659.9M. The company anticipates an EPS loss ranging from $(0.22) to $(0.07), compared to the estimated loss of $(0.13).

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:51 am

Duluth Holdings (NASDAQ:DLTH) reported Q4 earnings of $0.21 per share, missing the consensus estimate of $0.27, and sales of $245.61M, beating the estimate of $242.50M. Earnings per share decreased by 8.7% from the same period last year, while sales increased by 1.59%.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:47 am

Numerous companies are scheduled to report their quarterly earnings on March 7, 2024, with a mix of projected earnings and losses across various sectors. Notable mentions include CI&T, Stevanato Gr, ABM Industries, Bilibili, BJ's Wholesale Club, Burlington Stores, and many others, indicating a significant day for investors to monitor potential market movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:49 am

Duluth Holdings (NASDAQ:DLTH) is scheduled to release its quarterly earnings report on March 7, 2024, with an expected EPS of $0.27. Despite past earnings misses and a 36% decline in share price over the last year, investors are hopeful for positive guidance. Historical performance shows mixed reactions to earnings reports, with the stock price sometimes increasing despite misses.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 7:01 pm

In Wednesday's pre-market session, several consumer discretionary stocks showed significant movement. EVgo, J-Long Group, JD.com, RealReal, Duluth Holdings, and ToughBuilt Industries were among the gainers, with EVgo leading with a 15.1% increase following their Q4 earnings release. On the downside, Thor Industries, Foot Locker, Nordstrom, Winnebago Industries, EpicQuest Education Group, and Brilliant Earth Group faced declines, with Thor Industries dropping 17.5% after their Q2 earnings announcement.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 1:08 pm

Duluth Holdings Inc., known as Duluth Trading Company, announced Heena Agrawal as the new Senior Vice President and Chief Financial Officer, effective February 12, 2024. Duluth Trading is a lifestyle brand offering a range of apparel and accessories.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 10:47 am

Duluth Holdings Inc. (NASDAQ:DLTH) reported a decrease in Q3 FY23 sales by 6.1% to $138.21 million, missing estimates. The EPS loss of $(0.32) also missed expectations. Retail store sales dropped by 8.8% due to slower traffic, although average transaction value was higher. Gross margin and profit decreased, attributed to a lower mix of full-price sales. The company revised its FY23 outlook downwards for net sales and EPS, expecting $640 million-$655 million in sales and an EPS of $(0.25)-$(0.15). DLTH shares fell by 3.79% to $4.95.

Portfolio Pulse from Nabaparna Bhattacharya

November 30, 2023 | 5:43 pm

Earnings reports are scheduled for November 30, 2023, for a variety of companies across different sectors. Notable reports include Frontline with expected earnings of $0.45 per share, Big Lots with a projected loss of $4.66 per share, Academy Sports with expected earnings of $1.61 per share, and Kroger with likely earnings of $0.90 per share. Additionally, Ulta Beauty is projected to report earnings of $4.96 per share, and Marvell Tech is expected to report earnings of $0.40 per share. These earnings reports provide investors with insights into each company's financial health and performance.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:08 am

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.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:00 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.