DULUTH HOLDINGS INC. (DLTH) announced Loss for third quarter of -$10.101 million
The company's earnings totaled -$10.101 million, or -$0.29 per share. This compares with -$28.231 million, or -$0.84 per share, last year.
Excluding items, DULUTH HOLDINGS INC. reported adjusted earnings of -$8.089 million or -$0.23 per share for the period.
The company's revenue for the period fell 9.6% to $114.871 million from $127.056 million last year.
DULUTH HOLDINGS INC. earnings at a glance (GAAP) :
-Earnings: -$10.101 Mln. vs. -$28.231 Mln. last year.-EPS: -$0.29 vs. -$0.84 last year.-Revenue: $114.871 Mln vs. $127.056 Mln last year.
Looking ahead, for the full year, the company has revised down its sales outlook. Duluth Holdings now anticipates sales of $555 million to $565 million, less than the previous guidance of $570 million to $595 million.
Duluth Holdings has reaffirmed its annual adjusted EBITDA outlook of $23 million to $25 million. The company still projects annual capital expenditure of $17 million.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.