Duluth Holdings Stock Price, News & Analysis

Duluth Holdings Inc. (NASDAQ: DLTH) announced it will report its second quarter 2021 financial results on September 2, 2021, before market open. A conference call for analysts and investors will take place on the same day at 9:30 AM Eastern Time to discuss the results. Participants can join the live call at 844-875-6915 (domestic) or 412-317-6711 (international). The earnings release will be accessible on the company's investor relations website prior to the call.

Duluth Trading Company (NASDAQ: DLTH) announced participation in two upcoming virtual conferences: the Baird 2021 Global Consumer, Technology & Services Conference on June 9, 2021, and the Stifel 2021 Cross Sector Insight Conference on June 10, 2021. These events will feature fireside chats and one-on-one meetings, providing opportunities for engagement with investors. Duluth Trading is known for its high-quality casual and workwear, aimed at the modern, self-reliant American, and emphasizes a strong customer service ethos.

Duluth Trading Company (NASDAQ: DLTH) reported strong first-quarter results for the period ended May 2, 2021. Net sales rose by 21.4% to $133.4 million, up from $109.9 million in the previous year. Gross margin increased to 49.9% versus 47.6% last year. Operating income improved significantly, reaching $1.9 million compared to an operating loss of $(19.0) million a year earlier. The company achieved a net income of $0.5 million or $0.02 per diluted share compared to a net loss of $(15.1) million or $(0.47) per diluted share. Adjusted EBITDA also showed a turnaround at $10.1 million.

Duluth Holdings Inc. (DLTH) announces its first quarter 2021 financial results to be released before the market opens on June 3, 2021. A conference call is scheduled for the same day at 9:30 AM ET, providing an opportunity for analysts and investors to discuss the results.

Participants can join the call via a dedicated phone line or register in advance to expedite entry. Details for the live and archived webcast are also available on their investor relations website.

Duluth Holdings Inc. (NASDAQ: DLTH) has appointed Samuel M. Sato as President and CEO, effective May 3, 2021, succeeding founder Steve Schlecht, who transitions to non-executive Chairman. Sato, a retail veteran with over three decades of experience, previously led Finish Line, which reported $1.8 billion in sales in fiscal 2018. He is expected to enhance Duluth's growth with a focus on digital innovation and customer engagement. This leadership change signals a strategic shift for the company as it aims to capitalize on market opportunities.

Duluth Trading Company (NASDAQ: DLTH) reported its financial results for the fourth quarter and fiscal year ended January 31, 2021. Fourth-quarter net sales fell 1.4% to $256 million, while net income dropped 10.7% to $21.8 million, or $0.67 per diluted share. The fiscal year showed a 3.8% increase in net sales to $638.8 million. However, gross margin decreased to 51.9%. The company anticipates fiscal 2021 net sales between $680 million and $700 million and adjusted EBITDA between $66 million and $70 million, indicating a cautiously optimistic outlook.

Duluth Holdings Inc. (NASDAQ: DLTH) will announce its fourth quarter and fiscal year 2020 financial results on March 18, 2021, before market opening. A conference call is scheduled for the same day at 9:30 am ET for analysts and investors to discuss these results. The call can be accessed via phone or web, and a replay will be available until April 1, 2021. Duluth Trading, based in Mount Horeb, Wisconsin, specializes in casual and workwear for self-reliant consumers, ensuring quality and customer satisfaction through its unique service approach.

Duluth Trading Company (NASDAQ: DLTH) reported a 13.2% increase in net sales to $135.5 million for Q3 ended November 1, 2020, driven by a 40.3% rise in direct-to-consumer sales. While retail store sales dropped 15.5%, operating income rose to $2.8 million, up from $1.3 million year-over-year. Net income improved to $0.9 million, or $0.03 per diluted share, compared to $0.2 million, or $0.01. Adjusted EBITDA surged 57.4% to $11.4 million. The company reduced capital spending forecasts due to COVID-19 uncertainties.

Duluth Trading Company (NASDAQ: DLTH) will announce its third quarter fiscal 2020 financial results on December 3, 2020, before market opening. An investor conference call will take place the same day at 9:30 AM ET to discuss results and answer questions. Interested parties can access the live call at 844-875-6915 (domestic) or 412-317-6711 (international), with a replay available until December 17, 2020. The earnings release will be available on their investor relations website.