Profile
Sector:
Consumer CyclicalIndustry:
Apparel RetailCountry:
United StatesIPO:
20 November 2015Website:
http://www.duluthtrading.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:00:10 GMTDividend
Analysts recommendations
Institutional Ownership
DLTH Latest News
Duluth Trading's Q2 results were well received by the market with a nearly 20% jump in the share price. Fundamentally, there are still some macro and potential market share headwinds, but there are a number of positives like growing DTC sales and structurally improved margins, which should grow further. Today's valuation largely values Duluth as a declining business, so just the slightest bit of proof to the market that Duluth is competitive and can grow, there's hugely material upside.
Duluth's 2Q24 results were in line, with a 1.8% YoY sales growth, but ongoing issues with inventory and assortment management persist. Despite positive sales growth, the stock remains a hold due to unchanged fundamentals and potential challenges in 3Q24, including high inventory clearance and seasonal cash requirements. SG&A showed some improvement excluding non-recurring expenses, but overall operational leverage remains a concern.
Duluth Holdings Inc. (NASDAQ:DLTH ) Q2 2024 Earnings Conference Call August 29, 2024 9:30 AM ET Company Participants Nitza McKee - Investor Relations Sam Sato - President & Chief Executive Officer Heena Agrawal - Senior Vice President & Chief Financial Officer Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Dylan Carden - William Blair Operator Good morning, and welcome to the Duluth Holdings Inc. Second Quarter 2024 Conference Call. [Operator Instructions].
Duluth Holdings (DLTH) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.06 per share a year ago.
Year-over-year net sales growth of 1.8% to $141.6 million Benefiting from our product and sourcing initiatives, gross margin expands 90 basis points to 52.3% Strong financial position with no debt and approximately $210 million of liquidity Reaffirmed Fiscal 2024 outlook excluding restructuring expense and sales tax expense accrual MOUNT HOREB, Wis., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal second quarter ended July 28, 2024.
MOUNT HOREB, Wis., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men's and women's casual wear, workwear and accessories, today announced that it will report second quarter 2024 financial results before market on Thursday, August 29, 2024.
VANCOUVER, BC / ACCESSWIRE / June 24, 2024 / Green Bridge Metals Corporation (CNSX:GRBM)(OTCQB:GBMCF)(FRA:J48)(WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce, further to its news releases dated February 6, 2024 and May 13, 2024, that it has acquired an option (the "Option") to earn an 80% interest in the 8,460-hectare (84.6 square kilometre (km)) South Contact Zone Project, targeting copper (Cu), nickel (Ni)-platinum group element (PGE) mineralization pursuant to a definitive agreement with Encampment Minerals Inc. David Suda, President and Chief Executive Officer of Green Bridge, commented "Thanks to the strong support of existing and new shareholders, Green Bridge has been able to fund exploration work to commence imminently in Minnesota. The June 19th, 2024 closing of a private placement satisfies the final condition of closing on the option agreement.
Duluth Holdings (DLTH) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.12 per share a year ago.
Net sales of $116.7 million Inventory composition is healthy with 93% in current products Strong financial condition with $196 million of liquidity Updated Fiscal 2024 outlook for Net Sales, EPS and Adjusted EBITDA MOUNT HOREB, Wis., May 30, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal first quarter ended April 28, 2024.
Duluth Trading Company, a lifestyle brand known for its men's and women's casual wear, workwear, and accessories, will release its first quarter 2024 financial results on May 30, 2024. The announcement was made on May 16, 2024.
- 1(current)
What type of business is Duluth Holdings?
Duluth Holdings Inc. is an American company that owns a chain of retail stores offering everyday clothing. Founded in 1989 and based in Belleville, Wisconsin, Duluth Holdings does not own manufacturing facilities, all goods are produced by supplier factories, mostly located in Asia. Duluth Holdings is a brand offering functional everyday clothing, workwear, and accessories for both men and women. The company's range includes shirts, pants, underwear, outerwear, footwear, accessories, and everyday goods. The products are characterized by their own design and unique names, such as Longtail T-shirts, Buck Naked underwear, and Fire Hose work pants.
What sector is Duluth Holdings in?
Duluth Holdings is in the Consumer Cyclical sector
What industry is Duluth Holdings in?
Duluth Holdings is in the Apparel Retail industry
What country is Duluth Holdings from?
Duluth Holdings is headquartered in United States
When did Duluth Holdings go public?
Duluth Holdings initial public offering (IPO) was on 20 November 2015
What is Duluth Holdings website?
https://www.duluthtrading.com
Is Duluth Holdings in the S&P 500?
No, Duluth Holdings is not included in the S&P 500 index
Is Duluth Holdings in the NASDAQ 100?
No, Duluth Holdings is not included in the NASDAQ 100 index
Is Duluth Holdings in the Dow Jones?
No, Duluth Holdings is not included in the Dow Jones index
When was Duluth Holdings the previous earnings report?
No data
When does Duluth Holdings earnings report?
The next expected earnings date for Duluth Holdings is 29 November 2024