Retail

Duluth Holdings (NASDAQ:DLTH) reports Q2 fiscal loss, projects full-year downturn

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Duluth Holdings (NASDAQ:DLTH), a Mount Horeb, Wisconsin-based retailer, disclosed a fiscal second-quarter loss of $3.7 million, or 11 cents per share on Thursday.

When adjusted for one-time gains and costs, the losses were narrower at 2 cents per share.

The company, known for supplying clothing and tools, reported a revenue of $141.6 million for the period.

Following the quarter's performance, the company has updated its projections for the full year.

Duluth Holdings now projects a full-year loss of 22 cents per share and anticipates revenues to reach $640 million.

As of the time of writing this report, Duluth Holding's share price stood at $3.23, down over 3% in premarket trading.

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