DLTH - Workwear And Accessories Company Duluth Beats on Q4 Top Line Women's Apparel Shines | Benzinga
Duluth Holdings (NASDAQ:DLTH) reported a fourth-quarter FY23 sales increase of 1.6% Y/Y to $245.6 million, beating the consensus of $242.5 million.
Revenue benefitted from higher conversion rates and greater mobile penetration. Retail store net sales decreased by 12.2% Y/Y to $73.4 million, and Mobile net sales grew 20.0% Y/Y in the quarter. Women’s apparel net sales rose 12.4% Y/Y on double-digit growth across Duluth and AKHG brands.
Gross margin ...