财务数据和关键指标变化 - 公司第一季度净销售额为1.167亿美元,同比下降5.7%,受到较低的客流量和缺货水平的影响 [6][25] - 毛利率为52.8%,同比下降20个基点,主要是由于销售较高成本的存货所致,但预计全年毛利率将提升约200个基点 [27][33] - 销售、一般及管理费用(SG&A)增加0.6%至7.06亿美元,占销售额60.5%,同比增加380个基点 [28][29][30][31] - 第一季度亏损7.9百万美元,每股亏损0.24美元,上年同期亏损3.9百万美元,每股亏损0.12美元 [31] - 第一季度调整后EBITDA为180万美元 [31] - 资产负债表保持稳健,期末现金及现金等价物为680万美元,流动性为1.958亿美元 [31] 各条业务线数据和关键指标变化 - 女装业务销售下降3.3%,受到编织裤和泳装销售疲软的影响,但园艺系列、第一层服装和干爽系列表现良好 [25] - 男装业务销售下降7.1%,主要受到干爽系列裤子、长尾衫和AKHG系列销售下滑的影响,但双重弹力消防水裤、双重弹力牛仔裤和无痕内裤表现良好 [25] - 第一层服装业务销售增长4%,其中女装增长8% [13][14] - AKHG健身系列在第四季度推出后,在第一季度占AKHG总销售的26%,有望为公司带来约100个基点的销售增长 [16] 各个市场数据和关键指标变化 - 零售店铺销售下降7%,受到客流量下降的影响,但顾客转化率保持良好 [26] - 直销渠道销售下降10%,受到客流量和缺货水平下降的影响 [26] - 移动端销售占数字销售的55%,同比增加300个基点,移动端访问量占总访问量的2/3以上 [26] 公司战略和发展方向及行业竞争 - 公司正在采取多项措施提高业绩,包括加强数字营销、提升门店活动、优化运营效率和调整零售策略等 [7][8][23] - 公司正在评估配送中心网络布局的第二阶段,以提高生产效率和产能 [10] - 公司已经多元化了承运商,降低了出货成本,并从产品开发和采购方面获得了成本优势 [11][30] - 公司正在加大对数字化和移动端的投入,以提升客户体验 [12] - 公司正在寻求通过与Costco等渠道合作,拓展新的增长机会 [13] 管理层对经营环境和未来前景的评论 - 尽管第一季度业绩未达预期,但公司取得了一些关键胜利,并采取了适当的短期行动来改善业务轨迹 [6][9] - 公司正在识别和采取措施来提高运营效率,同时基础性投资也在发挥作用,为长期可持续盈利增长奠定基础 [9][21][22] - 公司预计上半年销售将下降中至高个位数,但全年销售和利润率将有所改善 [33] 其他重要信息 - 公司将资本支出控制在25百万美元以内,主要用于战略性的技术路线图投资 [35] - 公司的流动性保持稳健,期末现金及现金等价物为680万美元,流动性为1.958亿美元 [31] 问答环节重要的提问和回答 无

净销售额 - 第一季度净销售额为1.167亿美元，较去年同期的1.238亿美元下降[2] - 直销净销售额下降5.1%，零售店净销售额下降6.8%[5] - 2024年第一季度，Duluth Holdings Inc.的净销售额为116,684千美元，较去年同期123,759千美元有所下降[22] 财务状况 - 存货构成健康，93%为现有产品[1] - 财务状况强劲，流动性为1.96亿美元[1] - 现金及现金等价物为680万美元，净营运资本为7590万美元，流动性为1.958亿美元[8] 费用和利润 - 毛利下降至61.6百万美元，占净销售额的52.8%[5] - 销售、一般和管理费用增加0.6%，占净销售额的60.5%[7] - 2024年第一季度，Duluth Holdings Inc.的经营亏损为8,971千美元，较去年同期的4,549千美元有所增加[22] 展望和策略 - 更新2024财年展望：净销售额约为6.4亿美元，调整后的EBITDA约为3,900万美元，每股收益约为-0.22美元[9] - 公司正在加速战略路线的运营改进，扩大新产品和创新产品的产品线[5] - 预计2025财年，Duluth Holdings Inc.的EBITDA预计为34,750千美元，调整后的EBITDA预计为39,000千美元[24] 其他 - 财务管理团队认为非GAAP财务指标对于提供当前结果和之前运营期间结果之间的有意义比较可能是有用的[14] - 截至2024年4月28日，Duluth Holdings Inc.的总资产为471,383千美元，较上一季度490,453千美元略有下降[21] - 2024年第一季度，Duluth Holdings Inc.的现金流量从经营活动中净支出33,666千美元，较去年同期的13,973千美元增加[23] - 2024年第一季度，Duluth Holdings Inc.的调整后的EBITDA为1,838千美元，较去年同期的5,272千美元有所下降[24]

Duluth Holdings (DLTH) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -71.43%. A quarter ago, it was expected that this clothing and tools supplier would post earnings of $0.27 per share when it actually produced earnings of $0.21, delivering a surprise of -22.22%.Over the last four quarters ...

文章核心观点 - 公司第一季度净销售额为1.167亿美元 [1][2] - 公司库存结构健康,93%为当前产品 [1] - 公司财务状况良好,拥有1.958亿美元的流动性 [1] - 公司更新了2024财年的净销售额、每股收益和经调整EBITDA的展望 [1] 第一季度经营情况总结 - 净销售额同比下降5.7%至1.167亿美元 [2] - 直接面向消费者的净销售额下降5.1%至7540万美元 [4] - 零售店净销售额下降6.8%至4120万美元 [4] - 毛利润下降至6160万美元,毛利率为52.8% [5] - 销售、一般及管理费用增加0.6%至7060万美元 [6] 财务状况 - 公司期末现金及现金等价物为680万美元,净营运资本为7590万美元 [7] - 公司在2亿美元的循环信贷额度下有1100万美元的未偿还余额,总流动性为1.958亿美元 [7] 2024财年展望 - 预计净销售额约为6.4亿美元 [8] - 预计经调整EBITDA约为3900万美元 [8] - 预计每股亏损约为0.22美元 [8] - 预计资本支出(含软件托管实施成本)约为2500万美元 [8]

Net sales of $116.7 million Inventory composition is healthy with 93% in current products Strong financial condition with $196 million of liquidity Updated Fiscal 2024 outlook for Net Sales, EPS and Adjusted EBITDA MOUNT HOREB, Wis., May 30, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the f ...

MOUNT HOREB, Wis., May 16, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today announced that it will report first quarter 2024 financial results before market on Thursday, May 30, 2024. A conference call and audio webcast with analysts and investors will be held on Thursday, May 30, 2024 at 9:30 am Eastern Time, to discuss the results and answer questions. Live conf ...

MOUNT HOREB, Wis., May 16, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) ("Duluth Trading") (NASDAQ:DLTH), a lifestyle brand of men's and women's casual wear, workwear and accessories, today announced that it will report first quarter 2024 financial results before market on Thursday, May 30, 2024. A conference call and audio webcast with analysts and investors will be held on Thursday, May 30, 2024 at 9:30 am Eastern Time, to discuss the results and answer questions. Live confe ...

Joe Hendrickson Introduction Duluth Holdings (NASDAQ:DLTH) has clearly seen more and more pessimism from the market since reaching a share price of ~$19 in 2021. Since then, there’s been simply a linear trajectory downwards to their current share price under $5 today. And from a superficial angle, that’s understandable considering the subsequent sales declines and minimal cash flow since. However, I think there's more to the story than what meets the eye of a casual observer. Underlying Duluth is what I ...

Zacks Rank系统 - Zacks专注于Zacks Rank系统，强调盈利预期和预期修订，以找到优质股票[1] 价值投资 - 价值投资是发现强劲股票的首选方式之一，利用基本分析和传统估值指标[2] Duluth Holdings (DLTH) - DLTH目前持有Zacks Rank 2（买入）和价值评级A[4] - DLTH的P/S比率为0.23，低于行业平均值0.62[5] - DLTH的P/CF比率为7.05，低于行业平均值24.31[6] - DLTH的估值数据显示该股票目前可能被低估，结合其盈利前景，DLTH是一只令人印象深刻的价值股[7]

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks w ...