Duluth (NASDAQ:DLTH) Announces Earnings Results

Duluth (NASDAQ:DLTH) released its quarterly earnings results on Thursday. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.32), Zacks reports. The business had revenue of $241.27 million for the quarter, compared to the consensus estimate of $252.86 million. Duluth had a negative net margin of 5.26% and a negative return on equity of 7.28%. Duluth updated its FY 2025 guidance to EPS.

Duluth Stock Performance

Duluth stock opened at $2.28 on Friday. The company has a quick ratio of 0.16, a current ratio of 1.30 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $72.53 million, a P/E ratio of -2.30 and a beta of 1.30. The stock’s 50 day moving average is $2.87 and its 200 day moving average is $3.39. Duluth has a twelve month low of $2.20 and a twelve month high of $5.08.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Robert W. Baird lowered their price target on Duluth from $3.50 to $2.75 and set a “neutral” rating for the company in a research report on Friday. StockNews.com assumed coverage on Duluth in a research report on Sunday, March 9th. They issued a “hold” rating for the company.

About Duluth

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.