Duluth (DLTH) to Release Quarterly Earnings on Thursday

Duluth (NASDAQ:DLTH) is scheduled to announce its earnings results before the market opens on Thursday, May 30th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Duluth has set its FY 2024 guidance at -0.220–0.070 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Duluth (NASDAQ:DLTH) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). Duluth had a negative net margin of 1.45% and a negative return on equity of 4.24%. The company had revenue of $245.61 million during the quarter, compared to the consensus estimate of $241.80 million. During the same quarter last year, the firm posted $0.23 EPS. On average, analysts expect Duluth to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Duluth Stock Down 0.4 %

DLTH stock opened at $4.50 on Thursday. The stock’s 50 day simple moving average is $4.54 and its 200 day simple moving average is $4.85. Duluth has a fifty-two week low of $4.07 and a fifty-two week high of $7.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.54 and a current ratio of 1.77. The company has a market cap of $139.73 million, a P/E ratio of -15.52 and a beta of 1.33.

Insider Transactions at Duluth

In other news, SVP Neala Shepherd sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $4.70, for a total value of $47,000.00. Following the completion of the sale, the senior vice president now directly owns 122,587 shares of the company’s stock, valued at $576,158.90. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 35.32% of the company’s stock.

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.