AP NEWS

Duluth Holdings: Fiscal 3Q Earnings Snapshot

December 6, 2018

BELLEVILLE, Wis. (AP) _ Duluth Holdings Inc. (DLTH) on Thursday reported a loss of $3.2 million in its fiscal third quarter.

On a per-share basis, the Belleville, Wisconsin-based company said it had a loss of 10 cents.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 10 cents per share.

The clothing and tools supplier posted revenue of $106.7 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $104.7 million.

Duluth Holdings expects full-year earnings to be 79 cents to 84 cents per share, with revenue in the range of $555 million to $575 million.

Duluth Holdings shares have increased 74 percent since the beginning of the year. The stock has climbed 66 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTH at https://www.zacks.com/ap/DLTH

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