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.
德盧斯控股公司（納斯達克股票代碼：DLTH）公佈第一季度業績後，該公司股價週四走低。
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.
該公司公佈的季度每股收益虧損24美分，未達到分析師共識的虧損16美分。德盧斯控股公司公佈的淨銷售額爲1.167億美元，而去年同期爲1.238億美元。銷售額未達到1.1844億美元的街景。
Duluth Holdings' quarter-end inventory composition fell 5.9% compared to the prior year's first quarter.
德盧斯控股的季度末庫存構成與去年第一季度相比下降了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.
總裁兼首席執行官山姆·佐藤表示：“在第四季度末單位銷售強於預期之後，我們的營收表現下降了5.7％，這受到交通挑戰和庫存狀況低於標準水平的阻礙。”
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.
直接面向消費者的淨銷售額下降了5.1％，至7,540萬美元，這主要是由於網站訪問量與上年相比下降所致。
Retail store net sales decreased by 6.8% to $41.2 million due to slower store traffic.
由於商店流量放緩，零售商店的淨銷售額下降了6.8％，至4,120萬美元。
"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.
佐藤補充說：“我們迅速採取行動改善了核心項目的庫存狀況，迄今爲止，這一狀況在整個季度以及第二季度都有所改善。”
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.
第一季度的毛利從去年同期的6,570萬美元降至6,160萬美元。毛利率從去年同期的53.0％收縮至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：德盧斯控股公司預計24財年收入爲6.4億美元，而估計爲6.4489億美元——先前觀點：6.4億至6.6億美元。
The company sees EPS of approximately $(0.22) versus $(0.20) estimate — prior view: $(0.22)-$(0.07).
該公司預計每股收益約爲0.22美元（0.22美元），而預期的收益爲0.20美元，先前的觀點：（0.22美元）-美元（0.07美元）。
DLTH Price Action: Duluth Holdings shares are trading lower by 4.10% to $3.86 at publication Thursday.
DLTH價格走勢：德盧斯控股股價在週四公佈時下跌4.10％，至3.86美元。
Photo: Ken Wolter via Shutterstock
照片：肯·沃爾特通過 Shutterstock
譯文內容由第三人軟體翻譯。
