Duluth Holdings Inc. (NASDAQ:DLTH) seller of casual wear and accessories, is reporting second quarter earnings results on Thursday 3rd September 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.02 per share from $ 118.55 million in revenue.
For the full year, analysts predict revenues of $ 610.57 million, while looking forward to income of $ 0.32 per share.
Previous Quarter Performance
Duluth Holdings Inc. reported loss for the first quarter of $ 0.42 per share, from the revenue of $ 109.92 million. Street analysts expected Duluth Holdings Inc. to report loss of $ 0.41 per share on revenue of $ 94.00 million for the first quarter. The bottom line results missed street analysts by $ 0.01 or 2.44 percent, at the same time, top line results outshined analysts by $ 15.92 million or 16.94 percent.
Stock Performance
Shares of Duluth Holdings Inc. traded up $ 0.06 or 0.59 percent on Wednesday, reaching $ 10.28 with volume of 253.10 thousand shares. The stock opened positive for the day at $ 10.40, after closing the previous day trading at $ 10.22.
According to the previous trading day, closing price of $ 10.22, representing a 262.41 % increase from the 52 week low of $ 2.82 and a 8.18 % decrease over the 52 week high of $ 11.13.
The company has a market capital of $ 337.26 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
Duluth Holdings Inc. will be hosting a conference call at 9:30 AM eastern time on 3rd September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.duluthtrading.com
Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods.
