Duluth Holdings reports Q4 EPS 64c, consensus 75c
Reports Q4 revenue $250.5M, consensus $258.16M."We began 2018 with several objectives including revenue growth and implementation of key infrastructure improvements that will support continued expansion of the Duluth Trading brand. While we achieved solid growth in 2018 and marked our 36th consecutive quarter of increased net sales year-over-year, we faced some challenges in the fourth quarter that pressured our full year results," said Stephanie Pugliese, Chief Executive Officer of Duluth Trading. I am pleased to report that our team executed well and we finished 2018 with a number of accomplishments, including: An increase of nearly $100M in total revenue; A 50% expansion of our store base, with 15 new locations; Continued double digit growth in our active customer base; Market share growth in both new and established store markets.