DLTH - Duluth Holdings reports mixed Q4 earnings; initiates FY23 outlook
2023-03-09 06:50:52 ET
- Duluth Holdings press release ( NASDAQ: DLTH ): Q4 GAAP EPS of $0.23 beats by $0.03 .
- Revenue of $241.8M (-10.7% Y/Y) misses by $1.45M .
- Adjusted EBITDA of $20.6M; reflects 8.6% of net sales.
- Fiscal 2023 Outlook : The company provided the following fiscal 2023 outlook: Net sales in the range of $645 million to $660 million vs $647.03M consensus; Adjusted EBITDA in the range of $47 million to $49 million; EPS in the range of $0.02 to $0.08 per diluted share vs $0.01 consensus; Capital expenditures, inclusive of software hosting implementation costs, of approximately $55 million.
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Duluth Holdings reports mixed Q4 earnings; initiates FY23 outlook