Duluth Holdings Inc reported second-quarter earnings that surpassed analyst expectations, with adjusted earnings per share of $0.50, beating the $0.01 estimate by $0.49. Revenue for the quarter totaled $121.4 million, exceeding the $119.9 million consensus.
The company also raised its fiscal 2027 revenue guidance, projecting a range of $540 million to $560 million, compared with the $550 million analyst consensus. The midpoint of the updated range implies a 1.8% increase from the prior year’s reported revenue.
Shares of Duluth Holdings closed at $3.62 on Wednesday, up 9.04% over the past three months and 0.84% year-over-year. Analysts have revised earnings estimates downward twice in the last 90 days, with no upward revisions during the same period.
InvestingPro rated the company’s financial health as "fair performance," reflecting a mixed outlook despite the earnings beat.
