BMO Capital Remains Bullish on Duluth Holdings Inc. (DLTH) Following 3Q Report

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Go back to BMO Capital Remains Bullish on Duluth Holdings Inc. (DLTH) Following 3Q Report

Duluth Holdings Inc. Announces Third Quarter Financial Results

December 8, 2016 4:05 PM EST

BELLEVILLE, Wis., Dec. 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 third quarter ended October 30, 2016, and its revised guidance for the fiscal year 2016. 

Highlights for the Third Quarter Ended October 30, 2016

Net sales increased 21.2% to $67.0 million compared to $55.3 million in the prior-year third quarterGross margin increased 60 basis points (bps) to 57.8% compared to 57.2% in the prior-year third... More