Duluth Shares Fall After Cutting Full-Year Sales Outlook

Dow Jones12-16

By Connor Hart

Shares of Duluth were down after the company cut its full-year sales outlook and said total customer count fell during the third quarter, compared with a year earlier.

The stock fell 12%, to $2.75, in early trading Tuesday, extending its 5.8% decline so far this year.

The apparel company before the bell said it now expects sales of $555 million to $565 million for the year, down from a prior outlook of $570 million to $595 million. Analysts surveyed by FactSet had been expecting sales of $561.7 million.

Chief Executive Stephanie Pugliese said total customer counts were down in the recent quarter compared with last year, which she primarily attributed to a strategic pull back on promotions.

Despite this decline, she said key metrics remain strong: "Sales per customer and margin dollars per customer are up year over year, as are our average order values and units per transaction, reflecting our shift towards higher value customer engagement."

Duluth also raised the low end of its adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization outlook--to $23 million from $20 million, while maintaining the high end at $25 million.

For its quarter ended Nov. 2, Duluth narrowed its loss to $10.1 million, or 29 cents a share, from a loss of $28.2 million, or 84 cents a share, a year earlier. Stripping out one-time items, the company notched an adjusted loss of 23 cents a share.

Sales fell 9.6% to $114.9.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

December 16, 2025 10:19 ET (15:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2591933472?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-16 23:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2591933472","market":"sg","top_or_hot":-1,"title":"Duluth Shares Fall After Cutting Full-Year Sales Outlook","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Connor Hart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of Duluth were down after the company cut its full-year sales outlook and said total customer count fell during the third quarter, compared with a year earlier. \n</p>\n<p>\n  The stock fell 12%, to $2.75, in early trading Tuesday, extending its 5.8% decline so far this year. \n</p>\n<p>\n  The apparel company before the bell said it now expects sales of $555 million to $565 million for the year, down from a prior outlook of $570 million to $595 million. Analysts surveyed by FactSet had been expecting sales of $561.7 million. \n</p>\n<p>\n  Chief Executive Stephanie Pugliese said total customer counts were down in the recent quarter compared with last year, which she primarily attributed to a strategic pull back on promotions. \n</p>\n<p>\n  Despite this decline, she said key metrics remain strong: \"Sales per customer and margin dollars per customer are up year over year, as are our average order values and units per transaction, reflecting our shift towards higher value customer engagement.\" \n</p>\n<p>\n  Duluth also raised the low end of its adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization outlook--to $23 million from $20 million, while maintaining the high end at $25 million. \n</p>\n<p>\n  For its quarter ended Nov. 2, Duluth narrowed its loss to $10.1 million, or 29 cents a share, from a loss of $28.2 million, or 84 cents a share, a year earlier. Stripping out one-time items, the company notched an adjusted loss of 23 cents a share. \n</p>\n<p>\n  Sales fell 9.6% to $114.9. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 16, 2025 10:19 ET (15:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Duluth Shares Fall After Cutting Full-Year Sales Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDuluth Shares Fall After Cutting Full-Year Sales Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-16 23:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Connor Hart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of Duluth were down after the company cut its full-year sales outlook and said total customer count fell during the third quarter, compared with a year earlier. \n</p>\n<p>\n  The stock fell 12%, to $2.75, in early trading Tuesday, extending its 5.8% decline so far this year. \n</p>\n<p>\n  The apparel company before the bell said it now expects sales of $555 million to $565 million for the year, down from a prior outlook of $570 million to $595 million. Analysts surveyed by FactSet had been expecting sales of $561.7 million. \n</p>\n<p>\n  Chief Executive Stephanie Pugliese said total customer counts were down in the recent quarter compared with last year, which she primarily attributed to a strategic pull back on promotions. \n</p>\n<p>\n  Despite this decline, she said key metrics remain strong: \"Sales per customer and margin dollars per customer are up year over year, as are our average order values and units per transaction, reflecting our shift towards higher value customer engagement.\" \n</p>\n<p>\n  Duluth also raised the low end of its adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization outlook--to $23 million from $20 million, while maintaining the high end at $25 million. \n</p>\n<p>\n  For its quarter ended Nov. 2, Duluth narrowed its loss to $10.1 million, or 29 cents a share, from a loss of $28.2 million, or 84 cents a share, a year earlier. Stripping out one-time items, the company notched an adjusted loss of 23 cents a share. \n</p>\n<p>\n  Sales fell 9.6% to $114.9. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 16, 2025 10:19 ET (15:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DLTH","symbol_name":"Duluth Holdings Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2591933472","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2591933472","pubTimestamp":1765898340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Duluth were down after the company cut its full-year sales outlook and said total customer count fell during the third quarter, compared with a year earlier.The stock fell 12%, to $2.75, in early trading Tuesday, extending its 5.8% decline so far this year.Despite this decline, she said key metrics remain strong: \"Sales per customer and margin dollars per customer are up year over year, as are our average order values and units per transaction, reflecting our shift towards higher value customer engagement.\". Duluth also raised the low end of its adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization outlook--to $23 million from $20 million, while maintaining the high end at $25 million.For its quarter ended Nov. 2, Duluth narrowed its loss to $10.1 million, or 29 cents a share, from a loss of $28.2 million, or 84 cents a share, a year earlier. Stripping out one-time items, the company notched an adjusted loss of 23 cents a share.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"DLTH":"Duluth Holdings Inc"},"translate_title":"德卢斯下调全年销售预期后股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DLTH":1.5},"content_text":"By Connor Hart \n\n\n \n\n\n  Shares of Duluth were down after the company cut its full-year sales outlook and said total customer count fell during the third quarter, compared with a year earlier. \n\n\n  The stock fell 12%, to $2.75, in early trading Tuesday, extending its 5.8% decline so far this year. \n\n\n  The apparel company before the bell said it now expects sales of $555 million to $565 million for the year, down from a prior outlook of $570 million to $595 million. Analysts surveyed by FactSet had been expecting sales of $561.7 million. \n\n\n  Chief Executive Stephanie Pugliese said total customer counts were down in the recent quarter compared with last year, which she primarily attributed to a strategic pull back on promotions. \n\n\n  Despite this decline, she said key metrics remain strong: \"Sales per customer and margin dollars per customer are up year over year, as are our average order values and units per transaction, reflecting our shift towards higher value customer engagement.\" \n\n\n  Duluth also raised the low end of its adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization outlook--to $23 million from $20 million, while maintaining the high end at $25 million. \n\n\n  For its quarter ended Nov. 2, Duluth narrowed its loss to $10.1 million, or 29 cents a share, from a loss of $28.2 million, or 84 cents a share, a year earlier. Stripping out one-time items, the company notched an adjusted loss of 23 cents a share. \n\n\n  Sales fell 9.6% to $114.9. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 16, 2025 10:19 ET (15:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2591933472","isCrawlerRequest":true}