Duluth (NASDAQ:DLTH) Releases FY 2024 Earnings Guidance

Duluth (NASDAQ:DLTHGet Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.220–0.220 for the period, compared to the consensus estimate of -0.200. The company issued revenue guidance of $640.0 million-$640.0 million, compared to the consensus revenue estimate of $644.9 million.

Duluth Stock Up 0.7 %

NASDAQ:DLTH traded up $0.03 during trading hours on Thursday, hitting $4.05. The company’s stock had a trading volume of 17,744 shares, compared to its average volume of 60,391. The stock has a fifty day moving average of $4.50 and a 200-day moving average of $4.83. The stock has a market capitalization of $125.75 million, a P/E ratio of -13.86 and a beta of 1.33. Duluth has a 52-week low of $3.95 and a 52-week high of $7.88. The company has a current ratio of 1.77, a quick ratio of 0.54 and a debt-to-equity ratio of 0.27.

Duluth (NASDAQ:DLTHGet Free Report) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.06). The firm had revenue of $245.61 million for the quarter, compared to analysts’ expectations of $241.80 million. Duluth had a negative return on equity of 4.24% and a negative net margin of 1.45%. During the same period in the previous year, the business posted $0.23 EPS. On average, equities analysts forecast that Duluth will post -0.07 earnings per share for the current year.

Insider Transactions at Duluth

In other news, SVP Neala Shepherd sold 10,000 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $4.70, for a total transaction of $47,000.00. Following the completion of the sale, the senior vice president now owns 122,587 shares in the company, valued at $576,158.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 35.32% of the company’s stock.

Duluth Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Duluth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duluth and related companies with MarketBeat.com's FREE daily email newsletter.