Duluth Holdings: Fiscal 3Q Earnings Snapshot

Associated Press |

BELLEVILLE, Wis. (AP) _ Duluth Holdings Inc. (DLTH) on Thursday reported a loss of $3.2 million in its fiscal third quarter.

On a per-share basis, the Belleville, Wisconsin-based company said it had a loss of 10 cents.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 10 cents per share.

The clothing and tools supplier posted revenue of $106.7 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $104.7 million.

Duluth Holdings expects full-year earnings to be 79 cents to 84 cents per share, with revenue in the range of $555 million to $575 million.

Duluth Holdings shares have increased 74 percent since the beginning of the year. The stock has climbed 66 percent 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

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