DLTH - What's Going On With Duluth Holdings Shares After Q1 Earnings? | Benzinga
Duluth Holdings Inc. (NASDAQ:DLTH) shares are trading lower on Thursday after the company reported first-quarter results.
The company reported quarterly earnings per share of 24 cents loss, missing the analyst consensus of 16 cents loss. Duluth Holdings reported net sales of $116.7 million compared to $123.8 million in the year-ago period. Sales missed the street view of $118.44 million.
Duluth Holdings’ quarter-end inventory composition fell 5.9% compared to the prior year’s first quarter.
“Our top-line ...