Duluth Holdings Inc. Announces First Quarter Fiscal 2018 Financial Results

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Go back to Duluth Holdings Inc. Announces First Quarter Fiscal 2018 Financial Results

Duluth Holdings Inc. (DLTH) Tops Q1 EPS by 3c, Slight Miss on Revenues; Offers FY EPS/Revenue Guidance

June 5, 2018 9:04 AM EDT

Duluth Holdings Inc. (NASDAQ: DLTH) reported Q1 EPS of ($0.02), $0.03 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $100.2 million versus the consensus estimate of $100.62 million.

Highlights for the First Quarter Ended April 29, 2018

Net sales increased 19.7% to $100.2 million compared to $83.7 million in the prior-year first quarterGross margin decreased 230 basis points to 55.8% compared to 58.1% in the prior-year first quarterOperating loss of $0.3 million compared to operating income of $0.7 million in the prior-year first quarterNet loss of $0.7 million, or $0.02 per... More