Duluth Holdings Stock Fair Value – Duluth Holdings Beats Expectations with $123.76M Revenue and -$0.12 GAAP EPS

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Duluth Holdings ($NASDAQ:DLTH) Inc., better known as Duluth Trading Company, is a lifestyle brand that sells clothing and other products primarily through its retail stores and website. The company attributed their success to strong sales from their online and retail stores during the holiday season, as well as their strategic initiatives to strengthen their e-commerce business and increase their web traffic. These impressive results highlight the success of Duluth Holdings’ ongoing efforts to capitalize on the growing demand for lifestyle products and capitalize on growth opportunities in the online market. Investors are likely to be encouraged by these results and the company’s continued commitment to innovation and expanding their customer base.

Earnings

In its earning report of FY2023 Q4 ending January 31 2023, DULUTH HOLDINGS reported total revenue of $123.76M USD and -$0.12 GAAP EPS, beating market expectations. This is a 10.7% decrease compared to the previous year, with net income decreasing 57.1% in the same period. Overall, the total revenue of DULUTH HOLDINGS has decreased from $255.96M USD three years ago to $241.77M USD in the recent quarter.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Duluth Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Duluth Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Duluth Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Duluth Holdings are shown below. More…

Market Price

This was mainly due to the company’s strong quarterly financial results that exceeded expectations. This strong performance has increased investor confidence in the company’s future outlook. Live Quote…

Analysis – Duluth Holdings Stock Fair Value

GoodWhale recently conducted an in-depth analysis of DULUTH HOLDINGS, a leading workwear and accessories company. Based on our proprietary Valuation Line, the fair value of DULUTH HOLDINGS share is estimated to be around $12.4. Yet, at the time of writing, the stock is traded at $5.6, which is undervalued by 54.9%. This presents an attractive long-term investment opportunity for investors looking to capitalize on the potential upside of DULUTH HOLDINGS. Our analysis is based on a thorough evaluation of the company’s financials and its competitive environment. We analyzed historical data and made projections about its future prospects, incorporating macroeconomic and sector specific trends into our calculations. We believe our analysis provides an accurate fair value estimation for DULUTH HOLDINGS. Given the current market price of DULUTH HOLDINGS, we anticipate that investors may be able to take advantage of the potential upside this stock offers. As such, we encourage investors to further research DULUTH HOLDINGS to determine whether it is an appropriate investment for their needs. 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

Investing in Duluth Holdings is a risky proposition, as its GAAP EPS reported losses of -$0.12, but was still able to beat analysts’ estimates by $0.02. Revenue also beat estimates by $5.05M, coming in at $123.76M. Despite the losses and the stock having taken a hit in the previous month, the stock price moved up on the news of the earnings.

This could be a sign that investors are anticipating a turnaround, but with no change to the overall outlook of the company, it is still too early to make any definitive conclusions. For those interested in investing in Duluth Holdings, it would be prudent to wait for more information and better clarity on the company’s future prospects before making any decisions.