Duluth Holdings Inc. - Class B Common Stock (DLTH)
2.8954
-0.0746 (-2.51%)
Duluth Holdings is a retail company that specializes in outdoor and work-related apparel, primarily designed for rugged environments
The company offers a wide range of high-quality clothing and accessories that cater to both men and women, emphasizing functionality, durability, and comfort. Duluth's product lineup includes items such as work shirts, pants, outerwear, and accessories, all designed with innovative features to enhance performance in various conditions. Additionally, the company operates both online and through physical retail locations, aiming to provide customers with access to their unique offerings while promoting a lifestyle that embraces adventure and hard work.
Duluth Holdings reported a 1.6% Y/Y sales increase in Q4, with higher conversion rates and mobile penetration. EPS missed consensus but expects growth in FY24.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones falling more than 100 points on Thursday. The Dow traded down 0.36% to 34,763.44 while the NASDAQ rose 0.26% to 14,056.44. The S&P 500, also fell, dropping, 0.03% to 4,513.47.
Gainers Acer Therapeutics Inc. (NASDAQACER) shares jumped 145% to $1.4850 after Zevra Therapeutics announced it will acquire the company. The transaction will have a total potential value for Acer stockholders of up to $91 million.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 50 points on Thursday. The Dow traded up 0.04% to 34,903.09 while the NASDAQ rose 0.38% to 14,072.42. The S&P 500, also rose, gaining, 0.15% to 4,521.71.
