Duluth Holdings Inc. (DLTH) Misses Q3 EPS by 3c, Reaffirms Guidance

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Duluth Holdings Inc. Announces Third Quarter Fiscal 2017 Financial Results

December 7, 2017 9:00 AM EST

BELLEVILLE, Wis., Dec. 07, 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 third quarter ended October 29, 2017.

Highlights for the Third Quarter Ended October 29, 2017

Net sales increased 25.0% to $83.7 million compared to $67.0 million in the prior-year third quarterGross margin decreased 120 basis points (bps) to 56.6% compared to 57.8% in the prior-year third quarterNet loss of $0.8 million, or $0.03 per... More