Duluth Holdings Inc. (DLTH) Tops Q2 EPS by 6c, Revenues Beat; Affirms FY19 EPS/Revenue Outlook
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Duluth Holdings Inc. Announces Second Quarter Fiscal 2018 Financial Results
September 5, 2018 9:00 AM EDTBELLEVILLE, Wis., Sept. 05, 2018 (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 29, 2018.
Highlights for the Second Quarter Ended July 29, 2018
Net sales increased 28.3% to $110.7 million compared to $86.2 million in the prior-year second quarterGross margin decreased 50 basis points to 56.2% compared to 56.7% in the prior-year second quarterOperating income increased 33.9% to $9.9 million compared to operating income of $7.4... More