Duluth Holdings Inc. (DLTH) Tops Q4 EPS by 3c
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Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2016 Financial Results
March 21, 2017 4:05 PM EDTBELLEVILLE, Wis., March 21, 2017 (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 fiscal year ended January 29, 2017 and its financial guidance for fiscal year 2017.
Highlights for the Fourth Quarter Ended January 29, 2017
Net sales increased 24.4% to $174.7 million compared to $140.4 million in the prior-year fourth quarterGross margin decreased 70 basis points (bps) to 55.4% compared to 56.1% in the prior-year fourth... More