Duluth Holdings' shares are under pressure due to a decline ...
Duluth Holdings' shares are under pressure due to a decline in Q4 profit and soft 2024 sales and profit guidance. The company's challenging performance in 2023 was due to selective consumer spending, but the growth in the women's business segment is a positive. However, the anticipated loss for 2024 and lower sales forecast could further impact the stock negatively.
Duluth Holdings Reports Wider-than-expected 2023 Loss, Gives Soft 2024 Guidance
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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