Duluth Holdings (DLTH) Reports In-Line Q1 EPS
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Duluth Holdings Inc. Announces First Quarter Financial Results
June 7, 2016 4:01 PM EDTBELLEVILLE, Wis., June 07, 2016 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (Duluth Trading or the Company) (NASDAQ: DLTH), a lifestyle brand of mens and womens casual wear, workwear and accessories, today announced its financial results for the fiscal first quarter ended May 1, 2016.Â
Highlights for the First Quarter Ended May 1, 2016
Net sales increased 20.8% to $68.6 million compared to $56.8 million in the prior-year first quarterGross margin increased 30 basis points (bps) to 57.8% compared to 57.5% in the prior-year first quarterNet income was $3.2 million, or $0.10 per diluted... More