earnings
confidence high
sentiment neutral
materiality 0.55
Duluth Holdings Q2 net sales up 1.8% to $141.6M; adj. EPS ($0.02); reaffirms FY outlook
DULUTH HOLDINGS INC.
2025-Q2 EPS
reported -$0.35
vs consensus -$0.41
▲ beat
(+14.2%)
- Net sales $141.6M (+1.8% YoY); net loss $3.7M vs. $2.0M last year, adjusted net loss $0.6M.
- Gross margin improved 90 bps to 52.3% from 51.4% on sourcing initiatives.
- DTC net sales +5.6% to $91.7M; retail stores -4.4% to $49.9M.
- Restructuring expenses of $1.6M in Q2 from fulfillment center exit; total expected $7.4M.
- Reaffirmed FY2024 outlook: net sales ~$640M, adj. EPS (~$0.22), adj. EBITDA ~$39M.