Duluth Holdings reports 3Q loss

AP

Print Article

BELLEVILLE, Wis. (AP) _ Duluth Holdings Inc. (DLTH) on Thursday reported a fiscal third-quarter loss of $816,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Belleville, Wisconsin-based company said it had a loss of 3 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The clothing and tools supplier posted revenue of $83.7 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $84.3 million.

Duluth Holdings expects full-year earnings to be 66 cents to 71 cents per share, with revenue in the range of $455 million to $465 million.

Duluth Holdings shares have fallen 24 percent since the beginning of the year. The stock has decreased 43 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTH at https://www.zacks.com/ap/DLTH

Print Article

Read More Wisconsin News

Winning numbers drawn in 'Daily Pick 4' game

AP

December 15, 2017 at 6:38 pm | MADISON, Wis. (AP) _ The winning numbers in Friday evening's drawing of the Wisconsin Lottery's "Daily Pick 4" game were: 6-4-9-1 (six, four, nine, one) Maximum prize: $500 ...

Comments

Read More

Winning numbers drawn in 'Daily Pick 3' game

AP

December 15, 2017 at 6:38 pm | MADISON, Wis. (AP) _ The winning numbers in Friday evening's drawing of the Wisconsin Lottery's "Daily Pick 3" game were: 6-3-9 (six, three, nine) Maximum prize: $500 ...

Comments

Read More

WI Lottery

AP

December 15, 2017 at 6:38 pm | MADISON, Wis. (AP) _ These Wisconsin lotteries were drawn Friday: Daily Pick 3 6-3-9 (six, three, nine) Daily Pick 4 6-4-9-1 (six, four, nine, one) Mega Millions ...

Comments

Read More

Beloit man accused of hiding the body of Milwaukee woman

AP

December 15, 2017 at 3:47 pm | BELOIT, Wis. (AP) Authorities have arrested a Beloit man accused of hiding the body of a Milwaukee woman at a South Beloit truck stop. The investigation began after a truck driver located the b...

Comments

Read More

Contact Us

(608) 365-8811
149 State Street
Beloit, WI 53511

©2017 Beloit Daily News Terms of Use Privacy Policy
X