Duluth rises as tariff refund boosts second-quarter earnings
BUZZ-Duluth rises as tariff refund boosts second-quarter earnings ** Shares of lifestyle brand Duluth Holdings DLTH.O jump ~14% to $4.14 premarket
** Co posts Q2 profit above year-ago levels, boosted by tariff refunds and higher gross margins from lower discounting
** It reports quarterly adj. EPS of 50 cents, including a 44-cent benefit from tariff refunds, versus 4 cents a year earlier
** However, Q2 net sales fall about 8% to $121.4 million
** Company maintains fiscal 2026 net sales forecast
** Up to last close, stock up ~74% YTD
(Reporting by Shania S Thomas in Bengaluru)
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