Duluth Holdings 4Q Sales Decline, Swings to Loss

Dow Jones

03-13

By Denny Jacob

Duluth Holdings posted a decline in fourth-quarter sales and swung to a loss, results the company said were affected by delays at its fulfillment center.

The maker of workwear and outdoor apparel swung to a loss of $5.6 million, or 17 cents a share, for the fourth quarter ended Feb 2., compared to net income of $6.8 million, or 21 cents a share, in the year-ago period.

Sales edged down to $241.3 million from $245.6 million in the prior-year period. Analysts polled by FactSet expected $252.7 million.

Chief Executive Sam Sato said delays in processing at its fulfillment center affected its ability to meet the company's fourth-quarter expectations.

"To fulfill the backlog of orders and preserve higher quality sales for the remainder of the quarter we adjusted our promotional depth and frequency lower," added Sato.

For fiscal 2025, Duluth forecast sales to be in the range of $570 million to $595 million. Analysts polled by FactSet expected $642.5 million.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 13, 2025 06:17 ET (10:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Analysts polled by FactSet expected $642.5 million. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 06:17 ET (10:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Duluth Holdings 4Q Sales Decline, Swings to Loss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDuluth Holdings 4Q Sales Decline, Swings to Loss\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-03-13 18:17</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  Duluth Holdings posted a decline in fourth-quarter sales and swung to a loss, results the company said were affected by delays at its fulfillment center. \n</p>\n<p>\n  The maker of workwear and outdoor apparel swung to a loss of $5.6 million, or 17 cents a share, for the fourth quarter ended Feb 2., compared to net income of $6.8 million, or 21 cents a share, in the year-ago period. \n</p>\n<p>\n  Sales edged down to $241.3 million from $245.6 million in the prior-year period. Analysts polled by FactSet expected $252.7 million. \n</p>\n<p>\n  Chief Executive Sam Sato said delays in processing at its fulfillment center affected its ability to meet the company's fourth-quarter expectations. \n</p>\n<p>\n  \"To fulfill the backlog of orders and preserve higher quality sales for the remainder of the quarter we adjusted our promotional depth and frequency lower,\" added Sato. \n</p>\n<p>\n  For fiscal 2025, Duluth forecast sales to be in the range of $570 million to $595 million. Analysts polled by FactSet expected $642.5 million. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 06:17 ET (10:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DLTH","symbol_name":"Duluth Holdings Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2519801881","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519801881","pubTimestamp":1741861020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Duluth Holdings posted a decline in fourth-quarter sales and swung to a loss, results the company said were affected by delays at its fulfillment center.The maker of workwear and outdoor apparel swung to a loss of $5.6 million, or 17 cents a share, for the fourth quarter ended Feb 2., compared to net income of $6.8 million, or 21 cents a share, in the year-ago period.Sales edged down to $241.3 million from $245.6 million in the prior-year period. Analysts polled by FactSet expected $252.7 million.Chief Executive Sam Sato said delays in processing at its fulfillment center affected its ability to meet the company's fourth-quarter expectations.\"To fulfill the backlog of orders and preserve higher quality sales for the remainder of the quarter we adjusted our promotional depth and frequency lower,\" added Sato.For fiscal 2025, Duluth forecast sales to be in the range of $570 million to $595 million. Analysts polled by FactSet expected $642.5 million.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"DLTH":"Duluth Holdings Inc"},"translate_title":"德卢斯控股第四季度销售额下降，陷入亏损","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DLTH":1},"content_text":"By Denny Jacob \n\n\n \n\n\n  Duluth Holdings posted a decline in fourth-quarter sales and swung to a loss, results the company said were affected by delays at its fulfillment center. \n\n\n  The maker of workwear and outdoor apparel swung to a loss of $5.6 million, or 17 cents a share, for the fourth quarter ended Feb 2., compared to net income of $6.8 million, or 21 cents a share, in the year-ago period. \n\n\n  Sales edged down to $241.3 million from $245.6 million in the prior-year period. Analysts polled by FactSet expected $252.7 million. \n\n\n  Chief Executive Sam Sato said delays in processing at its fulfillment center affected its ability to meet the company's fourth-quarter expectations. \n\n\n  \"To fulfill the backlog of orders and preserve higher quality sales for the remainder of the quarter we adjusted our promotional depth and frequency lower,\" added Sato. \n\n\n  For fiscal 2025, Duluth forecast sales to be in the range of $570 million to $595 million. Analysts polled by FactSet expected $642.5 million. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 06:17 ET (10:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}