Duluth Holdings (DLTH) Tops Q2 Earnings and Revenue Estimates
Duluth Holdings reported quarterly earnings of $0.06 per share, beating consensus estimates of a loss of $0.05, representing a 220% earnings surprise. The company posted revenues of $121.39 million, surpassing estimates by 1.92%, though down from $131.72 million year-ago. Shares have gained 74% year-to-date versus the S&P 500's 12% gain. However, the stock holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.