What's Going On With Duluth Holdings Shares After Q1 Earnings?
What's Going On With Duluth Holdings Shares After Q1 Earnings?
"Our top-line quarter performance, at a decline of 5.7%, was hampered by challenging traffic and a sub-par in-stock position following stronger-than-expected unit selling late in the fourth quarter," said President and CEO Sam Sato.Duluth Holdings Inc. (NASDAQ:DLTH) shares are trading lower on Thursday after the company reported first-quarter results.
周四，Duluth Holdings Inc. (NASDAQ:DLTH) 股价下跌，因公司公布了一季度业绩。
The company reported quarterly earnings per share of 24 cents loss, missing the analyst consensus of 16 cents loss. Duluth Holdings reported net sales of $116.7 million compared to $123.8 million in the year-ago period. Sales missed the street view of $118.44 million.
该公司报告的每股收益为24美分的亏损，低于分析师的16美分的亏损共识。与去年同期的1.238亿美元相比，Duluth 持有的净销售额为1.167亿美元。销售额低于街道预期的1.1844亿美元。
Duluth Holdings' quarter-end inventory composition fell 5.9% compared to the prior year's first quarter.
Duluth Holdings 的季末库存构成同比下降了5.9%。
"Our top-line quarter performance, at a decline of 5.7%, was hampered by challenging traffic and a sub-par in-stock position following stronger-than-expected unit selling late in the fourth quarter," said President and CEO Sam Sato.
“我们的顶线季度表现下降了5.7%，这受到了挑战性交通和次优的现货，这是由于强于预期的第四季度单元销售延迟引起的，”总裁兼首席执行官Sam Sato表示。
Direct-to-consumer net sales decreased by 5.1% to $75.4 million primarily driven by a decline in site visits compared to the prior year.
直接消费净销售额下降5.1%至7540万美元，主要由于与去年同期相比网站访问量减少。
Retail store net sales decreased by 6.8% to $41.2 million due to slower store traffic.
零售店净销售额下降6.8%至4120万美元，原因是店内交通减缓。
"We took swift action to improve our in-stock position in core items, which improved throughout the quarter and into the second quarter to date," Sato added.
“我们迅速采取行动，改善了核心商品的现货状况，在整个季度和第二季度至今都有所改善，”Sato 补充道。
First quarter gross profit decreased to $61.6 million from $65.7 million in the year-ago period. Gross margin contracted to 52.8% from 53.0% in the year-ago period.
第一季度毛利润从去年同期的6570万美元降至6160万美元。毛利率从去年同期的53.0%下降至52.8%。
Outlook: Duluth Holdings projects FY24 revenues of $640 million versus the $644.89 million estimate — prior view: $640 million-$660 million.
展望：Duluth Holdings 计划将 FY24 年的收入达到 6.4 亿美元，预计与 6.4489 亿美元的估计相比会有所下降，之前的预期为 6.4 亿美元-6.6 亿美元。
The company sees EPS of approximately $(0.22) versus $(0.20) estimate — prior view: $(0.22)-$(0.07).
该公司预计每股收益约为$(0.22)，而分析师预计的是$(0.20)，之前的预期为$(0.22)-$(0.07)。
DLTH Price Action: Duluth Holdings shares are trading lower by 4.10% to $3.86 at publication Thursday.
截至周四公布时，Duluth Holdings 的股价下跌了4.10%，至3.86美元。
Photo: Ken Wolter via Shutterstock
图片来源：Shutterstock 的 Ken Wolter。