Duluth Holdings: Shares fall on Q4 miss
18/03/2021 13:44
** Duluth Holdings Inc DLTH.O down 11.6% to $14.83 after
the casual wear retailer misses earnings estimates
** Shares on track for biggest one-day pct drop since Dec 3
** DLTH reports $0.67 per shr vs $0.72 estimate, per
Refinitiv IBES data urn:newsml:reuters.com:*:nGNX8rj3FX
** Operating income decreased 7.8% to $30.5 million, or
11.9% of net sales, compared to $33.1 million, or 12.8% of net
sales in the prior-year fourth quarter - DLTH
** DLTH reports $256 mln rev vs $274.1 mln estimate
** With move on Thurs, stock up ~40% YTD
(Reporting by Herbert Lash)
((herb.lash@thomsonreuters.com;; 1-646-223-6019; Reuters
Messaging: herb.lash.reuters.com@reuters.net))