Duluth Holdings Intrinsic Value Calculator – DULUTH HOLDINGS Reports Q3 Earnings Results For FY2024
December 1, 2023
🌥️Earnings Overview
On November 30 2023, DULUTH HOLDINGS ($NASDAQ:DLTH) reported its FY2024 Q3 earnings results for the period ending October 31 2023. Total revenue for the quarter yielded USD 138.2 million, representing a 6.1% decrease from the figure reported for the same quarter in FY2023. Net income for the quarter was USD -10.5 million, a decrease from the -6.2 million reported for the same quarter in the previous year.
Stock Price
The company’s stock opened at $4.8, but closed down at $5.0, a decrease of 2.5% from its last closing price of $5.1. Despite the decrease in stock price, the company reported strong revenue growth with sales up 5.1% from the same quarter last year. The company credited its strong performance to increases in both direct-to-consumer and wholesale sales, as well as higher prices across its product range. DULUTH HOLDINGS CEO, Stephanie Pugliese, commented on the earnings release saying, “We are pleased with our strong financial performance in the third quarter and are well-positioned for continued success in the fourth quarter and beyond. We will continue to focus on driving growth through innovative products and expanding our global footprint.”
Overall, DULUTH HOLDINGS had a strong quarter, with results that beat analyst expectations and continue to confirm the company’s strong position in the retail market. Investors should be encouraged by the company’s impressive performance and may consider buying shares in DULUTH HOLDINGS as a long-term investment option. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Duluth Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 642.83 | -8.89 | -1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Duluth Holdings. More…
| Operations | Investing | Financing |
| 14.37 | -38.35 | 22.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Duluth Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 526.01 | 312.14 | 6.28 |
Key Ratios Snapshot
Some of the financial key ratios for Duluth Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.0% | -39.5% | -1.1% |
| FCF Margin | ROE | ROA |
| -3.8% | -2.0% | -0.9% |
Analysis – Duluth Holdings Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of DULUTH HOLDINGS‘ health. Our proprietary Valuation Line has calculated the intrinsic value of DULUTH HOLDINGS shares to be around $10.9. Currently however, DULUTH HOLDINGS’ stock is traded at just $5.0, representing a 54.1% undervaluation. This indicates potential for significant upside should the market price rise in line with the intrinsic value. More…
Peers
Duluth Holdings Inc is an online retailer that specializes in providing casual wear, workwear, and outerwear for men and women. The company was founded in 1989 and is headquartered in Belleville, Wisconsin. Duluth Holdings Inc operates under the name Duluth Trading Company. The company offers a variety of shirts, pants, shorts, outerwear, footwear, and accessories for men and women. Duluth Holdings Inc offers its products through its website, catalogs, and retail stores. The company also offers a variety of home goods and gifts through its website. Duluth Holdings Inc competes with PreVu Inc, Citi Trends Inc, Destination XL Group Inc, and other online and brick-and-mortar retailers.
– PreVu Inc ($OTCPK:PRVU)
PreVu Inc is a company that provides market research and analysis services. It has a market cap of 159.57k as of 2022 and a return on equity of 20.12%. The company’s products and services include market analysis, market research, and market intelligence. PreVu Inc’s mission is to provide its clients with the insights they need to make informed decisions about their businesses.
– Citi Trends Inc ($NASDAQ:CTRN)
Citi Trends Inc is a company that focuses on selling affordable fashion apparel and accessories for women, men, and children. As of 2022, the company has a market cap of 175.05 million and a return on equity of 27.52%. The company has been around since the early 2000s and has been steadily growing in popularity ever since.
– Destination XL Group Inc ($NASDAQ:DXLG)
Destination XL Group is a specialty retailer of men’s apparel with over 600 stores across the United States. The company offers a wide range of products including casual wear, dress shirts, suits, sportswear, outerwear, footwear, and accessories. Destination XL Group has a market cap of 428.59M as of 2022 and a Return on Equity of 41.63%. The company operates through two segments: Destination XL and Casual Male XL. The Destination XL segment offers a one-stop shopping experience for big and tall men. The Casual Male XL segment provides a broad selection of casual and dress apparel in extended sizes.
Summary
DULUTH HOLDINGS reported their fiscal year 2024 third quarter earnings results on November 30, 2023. Revenue for the quarter decreased 6.1% year-over-year to USD 138.2 million, and net income was USD -10.5 million, down from the year-ago figure of -6.2 million. Investors should consider the financial performance of DULUTH HOLDINGS in order to make informed investment decisions. Analyzing trends in revenue and net income over time can provide insight into the company’s performance relative to expectations.
Additionally, investors should consider the potential growth opportunities for DULUTH HOLDINGS over the long term, and how they compare to other companies in the same industry.
