Recap: Duluth Holdings Q2 Earnings

Duluth Holdings DLTH reported its Q2 earnings results on Thursday, September 1, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Duluth Holdings missed estimated earnings by 53.33%, reporting an EPS of $0.07 versus an estimate of $0.15.

Revenue was down $7.62 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 7.3% drop in the share price the next day.

Here's a look at Duluth Holdings's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.18	0.47	-0.19	0.03
EPS Actual	-0.04	0.53	0.09	0.27
Revenue Estimate	116.10M	268.45M	142.52M	142.83M
Revenue Actual	122.90M	270.76M	145.28M	149.13M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Duluth Holdings management provided guidance for FY 2022, expecting earnings between $0.61 and $0.71 per share.

To track all earnings releases for Duluth Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.