Duluth (NASDAQ:DLTH) Announces Earnings Results

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. 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 9.7 %

DLTH opened at $2.56 on Thursday. The firm has a market cap of $81.31 million, a P/E ratio of -2.63 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 business has a 50 day moving average price of $2.89 and a 200 day moving average price of $3.40. Duluth has a twelve month low of $2.45 and a twelve month high of $5.08.

Wall Street Analyst Weigh In

DLTH has been the topic of several research reports. Robert W. Baird dropped their price objective on shares of Duluth from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Friday, December 6th. StockNews.com initiated coverage on Duluth in a report on Sunday. They set 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.