The company reported quarterly sales of $114.244 million, which beat the analyst consensus estimate of $114.07 million. This is a 14.01% increase over sales of $100.207 million the same period last year.
“We achieved our 37th consecutive quarter of increased net sales year-over-year. Our 14% top-line growth was driven by new stores, ongoing expansion of the women’s business, and new product introductions, with direct sales in established omnichannel store markets continuing to outpace that of non-store markets,” said Stephanie Pugliese, CEO of Duluth Trading.
Duluth Holdings shares traded higher by 5% at $15.84 at time of publication Thursday morning.
The stock's 52-week high is $35.67 and its 52-week low is $14.58.
See more from Benzinga
- Vintage Capital Says Red Robin Board's Should Conduct Review Of Strategic Alternatives
- IBM, Walmart, Merck Included In FDA Program To Test Blockchain Usage In US Drug Supply Chain
- KKR To Sell KCF Technologies To SKC For B
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.