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.

Earnings

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.

Past Earnings Performance

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).

Guidance

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.

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