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. Duluth Holdings Inc. markets its products through its Website, catalogs, and retail stores. As of May 17, 2018, it operated 36 retail stores. The company was formerly known as GEMPLER'S, Inc. Duluth Holdings Inc. was founded in 1989 and is headquartered in Belleville, Wisconsin.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Stifel Nicolaus dropped their target price on shares of Duluth from $17.00 to $14.00 in a report on Wednesday, July 20th. StockNews.com cut Duluth from a "strong-buy" rating to a "hold" rating in a report on Saturday, June 11th. Finally, Robert W. Baird lowered shares of Duluth from an "outperform" rating to a "neutral" rating and cut their price objective for the company from $18.00 to $11.00 in a report on Thursday.
Duluth Trading Down 3.8 %
Shares of Duluth stock opened at $9.29 on Friday. The business has a 50-day moving average price of $10.34 and a 200-day moving average price of $12.09. Duluth has a twelve month low of $9.06 and a twelve month high of $17.25. The company has a quick ratio of 0.57, a current ratio of 1.98 and a debt-to-equity ratio of 0.30. The firm has a market cap of $278.70 million, a price-to-earnings ratio of 10.93 and a beta of 0.86.
Duluth (NASDAQ:DLTH - Get Rating) last issued its quarterly earnings results on Thursday, June 2nd. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.19) by $0.24. The company had revenue of $122.90 million for the quarter, compared to the consensus estimate of $116.10 million. Duluth had a net margin of 4.05% and a return on equity of 14.45%. During the same period in the prior year, the firm posted $0.02 EPS. Equities research analysts anticipate that Duluth will post 0.99 EPS for the current fiscal year.