Duluth Holdings Inc reports results for the quarter ended in October - Earnings Summary

Duluth Holdings

30/11/2023 14:32

* Duluth Holdings Inc  DLTH.OQ  reported a quarterly
adjusted loss
of 32 cents​​ per share for the quarter ended in October, lower
than the same quarter last year, when the company reported EPS
of -19 cents.  The mean expectation of three analysts for the
quarter was for a loss of 26 cents per share. Wall Street
expected results to range from -31 cents to -22 cents per share.
    * Revenue fell 6.1% to $138.21 million from a year ago;
analysts
expected $141.47 million. 
    * Duluth Holdings Inc's reported EPS for the quarter was a
loss
of 32 cents​.
    * The company reported a quarterly loss of $10.47 million.
    * Duluth Holdings Inc shares had fallen by 14.5% this
quarter and
lost 16.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories peer group is also "hold"

Wall Street's median 12-month price target for Duluth Holdings
Inc is $5.00 
This summary was machine generated from LSEG data November 30 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      -0.26          -0.32          Missed
 Jul. 31 2023      0.00           -0.06          Missed
 Apr. 30 2023      -0.13          -0.12          Beat
 Jan. 31 2023      0.22           0.23           Beat