Duluth Holdings (DLTH) Reports Q3 Loss, Lags Revenue Estimates

Core Viewpoint - Duluth Holdings reported a quarterly loss of $0.41 per share, which was worse than the Zacks Consensus Estimate of a loss of$0.28, marking an earnings surprise of -46.43% [1] - The company’s revenues for the quarter were $127.06 million, missing the Zacks Consensus Estimate by 6.85$138.21 million a year ago [2] Financial Performance - Over the last four quarters, Duluth Holdings has surpassed consensus EPS estimates only once [2] - The company has experienced a significant decline in share price, losing about 30.9% since the beginning of the year, while the S&P 500 has gained 27.6% [3] Future Outlook - The future performance of Duluth Holdings' stock will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - Current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of$245.6 million, and for the current fiscal year, it is -$0.16 on revenues of$640.3 million [7] Industry Context - The Textile - Apparel industry, to which Duluth Holdings belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]