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Stock impact report

Duluth Holdings Inc. Announces Third Quarter 2024 Financial Results

Duluth Holdings Inc. - Class B (DLTH) 
Last duluth holdings inc. - class b earnings: 3/19 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.duluthtrading.com
Company Research Source: GlobeNewswire
Benefiting from our product and sourcing initiatives, gross margin expands 210 basis points to 52.3% Strong financial position with approximately $165 million of liquidity MOUNT HOREB, Wis., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal third quarter ended October 27, 2024. Summary of the Third Quarter ended October 27, 2024 Net sales of $127.1 millionNet loss of $28.5 million and adjusted net loss1 of $13.8 million, compared to net loss of $10.5 million in the prior year third quarter. Adjusted net loss of $13.8 million excludes $6.2 million of restructuring expense and $10.1 million valuation allowance on our deferred tax assetEPS per diluted share of ($0.85); Adjusted EPS1 of ($0.41)Adjusted EBITDA2 decreased $5.2 million from the prior yea Show less Read more
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