![]() President and CEO Sam Sato commented, “While fiscal 2023 was a challenging year as consumers remained selective in their discretionary spend, our fourth quarter was highlighted by growth in both the Duluth and AKHG brands driven by our women’s business which registered year-over-year growth of 12%. Healthy inventory composition with 90% in current products and a 30% decrease in clearance itemsġSee Reconciliation of net income to EBITDA and EBITDA to Adjusted EBITDA in the accompanying financial tables.Adjusted EBITDA 1 of $33.4 million reflects 5.2% of net sales.Net Loss of ($9.4) million diluted EPS of ($0.28).Net sales of $646.7 million compared to $653.3 million in the prior year.Highlights for the Fiscal Year Ended January 28, 2024 Adjusted EBITDA 1 increased to $21.1 million compared to $20.6 million in the prior-year.Net Income of $7.0 million diluted EPS of $0.21.Strength of the women’s business continued with 12% sales growth. ![]() Net sales increase to $245.6 million compared to $241.8 million in the prior-year fourth quarter.Highlights for the Fourth Quarter Ended January 28, 2024 (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 fiscal fourth quarter and fiscal year ended January 28, 2024. MOUNT HOREB, Wis., Ma(GLOBE NEWSWIRE) - Duluth Holdings Inc. Strong financial position with $232.2 million of liquidity ![]() Women’s business grew double digits in the fourth quarter across both Duluth and AKHG brands Fire Hose HD By Duluth Trading Fire Hose HD By Duluth Tradingįourth quarter Net Sales increased 1.6% year-over-year to $245.6 million diluted EPS of $0.21
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