Duluth Holdings Inc. Announces Third Quarter Fiscal 2019 Financial Results
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Duluth Holdings Inc. (DLTH) Tops Q3 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
December 5, 2019 8:32 AM ESTDuluth Holdings Inc. (NASDAQ: DLTH) reported Q3 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $119.8 million versus the consensus estimate of $114.97 million.
Highlights for the Third Quarter Ended November 3, 2019
Net sales increased 12.2% to $119.8 million compared to $106.7 million in the prior-year third quarterGross margin decreased 250 basis points to 54.6% compared to 57.1% in the prior-year third quarterOperating income of... More