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

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

March 19, 2020 8:30 AM EDT

MOUNT HOREB, Wis., March 19, 2020 (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 fourth quarter and fiscal year ended February 2, 2020.

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%... More