Duluth Holdings Inc. (DLTH) Tops Q4 EPS by 9c, Offers Fy16 Guidance
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Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2015 Financial Results
April 7, 2016 4:01 PM EDTBELLEVILLE, Wisc., April 07, 2016 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (Duluth Trading or the Company) (NASDAQ: DLTH), a lifestyle brand of mens and womens casual wear, workwear and accessories, today announced its financial results for the fiscal fourth quarter and year ended January 31, 2016.Â
Highlights for the Fourth Quarter Ended January 31, 2016
Net sales increased 27.5% to $140.4 million compared to $110.1 million in the prior-year fourth quarterGross margin increased 40 basis points (bps) to 56.1% compared to 55.7% in the prior-year fourth quarterAdjusted EBITDA1 increased 35.3% to $20.1 million... More