Duluth Holdings Inc has reported net income of $1.3 million in Q2 FY25, or $0.04 per share, with adjusted EPS of $0.03.
Net sales fell 7 per cent to $131.7 million as DTC sales declined 13.7 per cent, partly offset by a 5.3 per cent rise in retail store sales.
The gross margin improved to 54.7 per cent, SG&A fell 7.1 per cent, and guidance for FY25 was maintained.
Net sales fell 7 per cent to $131.7 million as DTC sales declined 13.7 per cent, partly offset by a 5.3 per cent rise in retail store sales.
The gross margin improved to 54.7 per cent, SG&A fell 7.1 per cent, and guidance for FY25 was maintained.
