Duluth Holdings: Fiscal 2Q Earnings Snapshot

AP

Print Article

MOUNT HOREB, Wis. (AP) _ Duluth Holdings Inc. (DLTH) on Thursday reported fiscal second-quarter net income of $1.9 million.

The Mount Horeb, Wisconsin-based company said it had profit of 6 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The clothing and tools supplier posted revenue of $122 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $127.6 million.

Duluth Holdings expects full-year earnings to be 60 cents to 66 cents per share, with revenue in the range of $610 million to $620 million.

Duluth Holdings shares have fallen 56% since the beginning of the year. The stock has dropped 66% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTH at https://www.zacks.com/ap/DLTH

Print Article

Read More Wisconsin News

Hit-and-run driver injures man driving Amish buggy

AP

September 16, 2019 at 5:14 am | TOWN OF DARLINGTON, Wis. (AP) Lafayette County sheriff's deputies are looking for a hit-and-run driver who crashed into an Amish buggy, injured a man and killed his horse. Authorities say 20-ye...

Comments

Read More

Padres look to break 4-game losing streak against Brewers

AP

September 16, 2019 at 5:00 am | San Diego Padres (68-81, fourth in the NL West) vs. Milwaukee Brewers (80-69, third in the NL Central) Milwaukee; Monday, 7 p.m. EDT PITCHING PROBABLES: Padres: Garrett Richards (0-0, 0.00 ER...

Comments

Read More

Wisconsin DNR looks to expand manure restrictions

AP

September 16, 2019 at 5:00 am | MADISON, Wis. (AP) Gov. Tony Evers' administration is taking the first steps toward restricting manure and fertilizer in areas prone to pollution, a move that could preserve water quality but cost ...

Comments

Read More

Winning numbers drawn in 'SuperCash' game

AP

September 15, 2019 at 8:38 pm | MADISON, Wis. (AP) _ The winning numbers in Sunday evening's drawing of the Wisconsin Lottery's "SuperCash" game were: 09-10-11-15-17-38, Doubler: N (nine, ten, eleven, fifteen, seventeen, th...

Comments

Read More

Contact Us

(608) 365-8811
149 State Street
Beloit, WI 53511

©2019 Beloit Daily News Terms of Use Privacy Policy
X