Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2019 Financial Results

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Go back to Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2019 Financial Results

Duluth Holdings Inc. (DLTH) Misses Q4 EPS by 3c, Revenues Miss

March 19, 2020 8:36 AM EDT

Duluth Holdings Inc. (NASDAQ: DLTH) reported Q4 EPS of $0.75, $0.03 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $259.65 million versus the consensus estimate of $262.68 million.

Highlights for the Fourth Quarter Ended February 2, 2020 (13 weeks compared to 14 weeks last year)

Net sales increased 3.6% to $259.6 million compared to $250.5 million in the prior-year fourth quarter, which included $7.7 million of net sales from the 14th weekGross margin increased to 52.8% compared to 52.4% in the prior-year fourth quarterOperating income increased 10.1% to $33.1... More