Duluth (NASDAQ:DLTH) Announces Earnings Results, Misses Estimates By $0.32 EPS

Duluth (NASDAQ:DLTH) released its earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.32), Zacks reports. The firm had revenue of $241.27 million during the quarter, compared to analyst estimates of $252.86 million. Duluth had a negative net margin of 5.26% and a negative return on equity of 7.28%. Duluth updated its FY 2025 guidance to EPS.

Duluth Stock Down 11.1 %

Shares of DLTH traded down $0.28 during midday trading on Friday, hitting $2.25. The company had a trading volume of 93,344 shares, compared to its average volume of 34,861. Duluth has a 1 year low of $2.20 and a 1 year high of $5.08. The firm has a market capitalization of $71.58 million, a P/E ratio of -2.27 and a beta of 1.30. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.16 and a current ratio of 1.30. The company’s 50-day simple moving average is $2.89 and its 200-day simple moving average is $3.39.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Robert W. Baird dropped their price objective on shares of Duluth from $3.50 to $2.75 and set a “neutral” rating for the company in a report on Friday. StockNews.com began coverage on shares of Duluth in a research note on Sunday, March 9th. They issued a “hold” rating for the company.

About Duluth

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. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.