DLTH - Duluth Needs To Improve Its Game Before Being A Buy
2024-03-07 10:30:13 ET
Summary
- Duluth Holdings is an American apparel retailer with a predominantly male customer base, facing decreasing revenues and declining margins.
- The company's execution in aspects such as branding, e-commerce, advertising, merchandising, and capital allocation is not great.
- Despite its potential for recovery, the stock is not currently seen as an opportunity due to its execution failures and low valuation.
Duluth Holdings (DLTH) is an American apparel retailer, with a lumberjack, outdoor, male-oriented style.
The company did very well before the pandemic, growing sales mostly from a DTC origin. However, since before the pandemic margins have decreased significantly, and now the company is facing decreasing revenues....
Duluth Needs To Improve Its Game Before Being A Buy