Duluth Holdings Inc. (DLTH) Tops Q2 EPS by 4c, Maintains FY Guidance
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Duluth Holdings Inc. Announces Second Quarter Financial Results
September 8, 2016 4:01 PM EDTBELLEVILLE, Wis., Sept. 08, 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 second quarter ended July 31, 2016.Â
Highlights for the Second Quarter Ended July 31, 2016
Net sales increased 27.4% to $65.8 million compared to $51.7 million in the prior-year second quarterGross margin increased 20 basis points (bps) to 59.1% compared to 58.9% in the prior-year second quarterNet income was $3.6 million, or $0.11 per diluted share, compared to... More