Duluth Holdings reported a 1.8 per cent rise in Q2 FY24 net sales to $141.6 million, driven by a 5.6 per cent increase in D2C sales, despite a 4.4 per cent drop in retail store sales.
Gross profit improved to $74 million, but the company posted a net loss of $3.7 million.
Adjusted EBITDA rose to $10.6 million, while operating expenses rose 4.6 per cent.
Gross profit improved to $74 million, but the company posted a net loss of $3.7 million.
Adjusted EBITDA rose to $10.6 million, while operating expenses rose 4.6 per cent.
