What's In Store For Duluth Holdings (DLTH) In Q2 Earnings?
Zacks Investment Research | Aug 31, 2017 09:26PM ET
Duluth Holdings Inc. (NASDAQ:DLTH) is slated to report second-quarter fiscal 2017 results on Sep 5, after the market closes. We note that the company surpassed the Zacks Consensus Estimate in two out of the trailing four quarters, with an average beat of 1.4%.
With this in mind, let’s look into some factors that are likely to have an impact on second-quarter results of this apparel retailer.
Which Way are Estimates Treading?
A look into estimate revisions give us an idea of what analysts are thinking about the company right before earnings release. The Zacks Consensus Estimate for the second quarter as well as for fiscal 2017 has remained stable over the past 30 days. Estimated earnings of 10 cents for the second quarter depict a year-over-year decline of 7.6%. However, estimated earnings of 69 cents for fiscal 2017 depict a year-over-year increase of 4.6%. The same is also within the managements guided range of 66-71 cents for fiscal 2017.
Further, analysts polled by Zacks expect revenues of $82.8 million for the second quarter which depicts a growth of 25.9% from the prior-year period. The same for fiscal 2017 are expected to be $462.9 million, up 23% from the previous year. The same is also within management’s guided sales range of $455-$465 million for fiscal 2017.
Duluth Holdings Inc. Price, Consensus and EPS Surprise
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