Duluth Holdings Inc. (DLTH) Reports Q3 Loss of $0.10, Revenues Beat; Reaffirms FY18 EPS/Revenue Mid-Point Outlook Below Consensus

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Duluth Holdings Inc. Announces Third Quarter Fiscal 2018 Financial Results

December 6, 2018 9:00 AM EST

MOUNT HOREB, Wis., Dec. 06, 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 third quarter ended October 28, 2018.

Highlights for the Third Quarter Ended October 28, 2018

Net sales increased 27.4% to $106.7 million compared to $83.7 million in the prior-year third quarterGross margin increased 50 basis points to 57.1% compared to 56.6% in the prior-year third quarterOperating loss of $2.6 million compared to operating loss... More