Duluth Holdings Inc. (DLTH) is a lifestyle brand of men's and women's casual wear, workwear and accessories sold through the Company's own channels. The Company offers a line of functional products, such as Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company operates through two segments: direct and retail. The Company's direct segment includes net sales from the Company's Website and catalogs. The Company's retail segment includes net sales from its retail and outlet stores. The Company offers products through its omni channel distribution network, consisting of its Website, catalogs and retail stores. Its retail stores are concentrated in the Midwest.
Reported after close today (6/7/16) Earnings: EPS $0.07 Revenue $68.6M Estimates: EPS $0.07 Revenue $69.68M Down 4.68% after hours
Been playing this for awhile, studied the numbers. Watched it drop w other retailers for no good reason. Will be closing my contracts this morning though, lock in the profits.
Sold the shares I had PM and calls at open, own the underwear and a few shirts but I'm a trader not a investor. On watch.
Being the contrarion I am, got some distant calls. This is way oversold, pure panic mode on the street.
In at 3.22. They pulled off a postive net income on quarterly that the volume few months ago buying. The fair value is $7 so could triple price.
When I traded in 2008 penny stocks OTCBB and OTC. I now know trade NASDAQ or other big board exchanges that are near cheap and look up quarterly net incomes and revenue. My most important indicator is Accumulation Distribution when playing dollar or penny stocks. Just look at $DLTH BEST LOOKING CHART I EVER SEEN LOW TARGET $7 WILL HOLD LONG TERM. ALL BUYING VOLUME ON FIRST EVER POSTIVE NET INCOME QUARTERLY. COMPANY IS ALL OVER USA HQ NEAR ME MOUNT HOREB WI. THIS A MILLION TIMES BUY ALL OVER CANT FIND WEAKNESS. STILL IN $CHR AT .17 TARGET 1.50.
