Duluth Holdings Inc (DLTH) is Initiated by Stifel to Buy, Price Target at $28

Duluth Holdings Inc (DLTH) was Initiated by Stifel to “Buy” and the brokerage firm has set the Price Target at $28. Stifel advised their investors in a research report released on May 27, 2016.

On the company’s financial health, Duluth Holdings Inc reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 7, 2016. Analyst had a consensus of $0.31. The company had revenue of $140.40 million for the quarter, compared to analysts expectations of $133.52 million. The company’s revenue was up 27.5% compared to the same quarter last year.

In a different news, on Jan 4, 2016, David Cole Finch (director) purchased 6,750 shares at $14.69 per share price.

Duluth Holdings Inc. (Duluth Trading) is a lifestyle brand of men’s and women’s casual wear workwear and accessories sold through the Company’s own channels. The Company offers a line of functional products such as Longtail T shirts Buck Naked underwear and Fire Hose work pants. The Company operates through two segments: direct and retail. The Company’s direct segment includes net sales from the Company’s Website and catalogs. The Company’s retail segment includes net sales from its retail and outlet stores. The Company offers products through its omni channel distribution network consisting of its Website catalogs and retail stores. Its retail stores are concentrated in the Midwest.

Duluth Holdings Inc

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