Duluth Holdings Inc (DLTH) reported quarterly earnings results on Tuesday, Jun-7-2016. The company said it had a profit of $0.10 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.08. The company posted revenue of $68.60 million in the period, compared to analysts expectations of $68.14 million. The company’s revenue was up 20.8% compared to the same quarter last year.
Many Wall Street Analysts have commented on Duluth Holdings Inc. Stifel Initiated Duluth Holdings Inc on May 27, 2016 to “Buy”, Price Target of the shares are set at $28.
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.