Duluth Holdings Inc. (DLTH) Tops Q3 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
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Duluth Holdings Inc. Announces Third Quarter Fiscal 2019 Financial Results
December 5, 2019 8:30 AM ESTMOUNT HOREB, Wis., Dec. 05, 2019 (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 November 3, 2019.
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 $1.3 million compared to operating loss of... More