Duluth Holdings Inc reported second-quarter earnings that exceeded analyst expectations, with adjusted profit per share of $0.50 compared with a $0.01 forecast, marking a $0.49 beat.
Revenue for the quarter totaled $121.4 million, surpassing the $119.9 million consensus estimate. The outdoor apparel and home goods retailer attributed the outperformance to sustained demand in its core categories.
For the full fiscal year ending January 2027, Duluth raised its revenue guidance to a range of $540 million to $560 million, up from prior expectations. The midpoint of the new guidance aligns with the current analyst consensus of $550 million.
The company’s shares closed at $3.62, reflecting a 9.04% gain over the past three months and a marginal 0.84% increase year-over-year. Analyst revisions over the last 90 days have been negative, with two downward adjustments to earnings estimates.
InvestingPro rated Duluth Holdings’ financial health as "fair performance." The company was also cited as a past winner in InvestingPro’s ProPicks AI model, alongside Super Micro Computer and AppLovin, which delivered gains of 185% and 157%, respectively.
