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Stock impact report

Duluth Holdings Inc (DLTH) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]

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: Yahoo! Finance
Duluth Holdings Inc ( NASDAQ:DLTH ) reported a 210 basis point expansion in gross margin, driven by improved product costs from direct-to-factory sourcing. The company saw a double-digit increase in digital traffic, particularly through mobile devices, which accounted for 71% of visits and 57% of sales. Duluth Holdings Inc ( NASDAQ:DLTH ) successfully completed phase two of its fulfillment network optimization, resulting in significant cost savings and improved efficiency. The company is on track to open two new stores in priority markets in the second half of 2025, enhancing its retail presence. Duluth Holdings Inc ( NASDAQ:DLTH ) has a strong liquidity position with $165 million at the end of the quarter, and expects to end the year with no debt and liquidity of over $200 million. Net sales declined by 8.1% in the third quarter, impacted by a highly promotional environment and unseasonably warm weather. Inventory levels increased at the end of the quarter, driven by ear Show less Read more
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