Duluth Holdings Inc. (DLTH) Reports Q3 Loss of $0.10, Revenues Beat; Reaffirms FY18 EPS/Revenue Mid-Point Outlook Below Consensus

Duluth Holdings Inc. (NASDAQ: DLTH) reported Q3 EPS of ($0.10), versus $0.00 reported last year. Revenue for the quarter came in at $106.7 million versus the consensus estimate of $104.68 million.

“We are pleased with our third quarter results, which were in-line with our expectations and also marked our 35th consecutive quarter of increased net sales year-over-year. We continue to see strong contribution from our new stores and growth from our Women’s business,” said Stephanie Pugliese, Chief Executive Officer of Duluth Trading.

GUIDANCE:

Duluth Holdings Inc. sees FY2018 EPS of $0.79-$0.84, versus the consensus of $0.84. Duluth Holdings Inc. sees FY2018 revenue of $555-575 million, versus the consensus of $575.68 million.

For earnings history and earnings-related data on Duluth Holdings Inc. (DLTH) click here.

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