BTIG Reiterates Neutral Rating on Duluth Holdings (DLTH)

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Go back to BTIG Reiterates Neutral Rating on Duluth Holdings (DLTH)

Duluth Holdings Inc. Announces Second Quarter 2024 Financial Results

August 29, 2024 5:45 AM EDT

Year-over-year net sales growth of 1.8% to $141.6 million

Benefiting from our product and sourcing initiatives, gross margin expands 90 basis points to 52.3%

Strong financial position with no debt and approximately $210 million of liquidity

Reaffirmed Fiscal 2024 outlook excluding restructuring expense and sales tax expense accrual

MOUNT HOREB, Wis., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (Duluth Trading or the Company) (NASDAQ: DLTH), a lifestyle brand of... More