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Duluth Holdings beats top-line and bottom-line estimates; reaffirms FY24 outlook


Fiscal 2024 Outlook

The Company reaffirmed its fiscal 2024 outlook, excluding restructuring expense and sales tax expense accrual:

  • Net sales of approximately $640 million vs. $633.40M consensus.
  • Adjusted EPS of approximately ($0.22) per diluted share vs. -$0.29 consensus.
  • Adjusted EBITDA of approximately $39 million.
  • Capital expenditures, inclusive of software hosting implementation costs, of approximately $25 million.



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