Duluth Holdings Stock (NASDAQ:DLTH), Trade Ideas

Duluth Holdings

Duluth Holdings Inc is an apparel brand in the United States. The company offers shirts, pants, and casual wear for men and women under brands like Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank, Wild Boar Mocs, and others. The Company's revenue consists of the sale of apparel, footwear, and hard goods. The company operates in a single operating segment.

DLTH Co

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Duluth Holdings reported a 1.6% Y/Y sales increase in Q4, with higher conversion rates and mobile penetration. EPS missed consensus but expects growth in FY24.

Workwear And Accessories Company Duluth Beats on Q4 Top Line, Women&#39;s Apparel Shines

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Duluth Holdings Inc. (NASDAQ: DLTH) reported a third-quarter FY23 sales decline of 6.1% year-on-year to $138.21 million, 

Workwear And Accessories Company Duluth Lowers FY23 Outlook As Slower Store Traffic Hits Q3 Results

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U.S. stocks traded mixed toward the end of trading, with the Dow Jones falling more than 100 points on Thursday.

The Dow traded down 0.36% to 34,763.44 while the NASDAQ rose 0.26% to 14,056.44. The S&amp;P 500, also fell, dropping, 0.03% to 4,513.47.

Dow Tumbles Over 100 Points; Acer Therapeutics Shares Spike Higher

Duluth Holdings Inc. - Class B Common Stock

Duluth Holdings Inc

Duluth Holdings&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) reported a fourth-quarter FY23 sales increase of 1.6% Y/Y to $245.6 million, beating&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/g37529302/duluth-holdings-inc-announces-fourth-quarter-and-fiscal-2023-financial-results" rel="noreferrer noopener">the consensus of $242.5 million</a>.
Revenue benefitted from higher conversion rates and greater mobile penetration. Retail store net sales decreased by 12.2% Y/Y to $73.4 million, and Mobile net sales grew 20.0% Y/Y in the quarter. Women&#8217;s apparel net sales rose 12.4% Y/Y on double-digit growth across Duluth and AKHG brands.
Gross margin decreased to 48.2% from 51.2%, and the gross profit fell 4.4% to $118.4 million, primarily due to a lower mix of full-price sales. EPS of $0.21 <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">missed the analyst consensus of $0.27</a>.
The company ended the quarter with a cash balance of $32.2 million and no outstanding Duluth Trading bank debt.
President and CEO Sam Sato said, &#8220;We went live with our new highly automated fulfillment center and are achieving our ramp-up plan to process up to 60% of all online orders and store replenishment volume through this facility. We also meaningfully advanced our sourcing and product innovation functions and expect benefits from this initiative to materialize in 2024 and continue to build over time.&#8221;
Outlook:&nbsp;Duluth Holdings expects FY24 net sales of $640 million-$660 million versus the $643.57 million estimate and EPS of $(0.22)-$(0.07)&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus $(0.21) estimate</a>.
Price Action: DLTH shares are trading higher by 0.34% at $4.415 on the last check Thursday.
Photo via Company

Workwear And Accessories Company Duluth Beats on Q4 Top Line, Women's Apparel Shines

Duluth Holdings Expects FY24 Net Sales Of $640M-$660M, Est $659.9M; EPS Loss Of $(0.22)-$(0.07), Est $(0.13)

Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.27 by 22.22 percent. This is a 8.7 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $245.61 million which beat the analyst consensus estimate of $242.50 million by 1.28 percent. This is a 1.59 percent increase over sales of $241.77 million the same period last year.

Duluth Holdings Q4 EPS $0.21 Misses $0.27 Estimate, Sales $245.61M Beat $242.50M Estimate

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Earnings Scheduled For March 7, 2024

Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) is set to give its latest quarterly earnings report on Thursday, 2024-03-07. Here's what investors need to know before the announcement.
Analysts estimate that Duluth Holdings will report an earnings per share (EPS) of $0.27. 
Duluth Holdings bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.06, which was followed by a 4.59% increase in the share price the next day.
Here's a look at Duluth Holdings's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.26</td>
<td>0</td>
<td>-0.13</td>
<td>0.22</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.32</td>
<td>-0.06</td>
<td>-0.12</td>
<td>0.23</td>
</tr>
<tr>
<td>Price Change %</td>
<td>5.0%</td>
<td>-1.0%</td>
<td>10.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709751669_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Duluth Holdings were trading at $4.42 as of March 05. Over the last 52-week period, shares are down 36.0%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/DLTH/earnings">To track all earnings releases for Duluth Holdings visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Duluth Holdings's Earnings

<h3>Gainers</h3>
<ul>
<li>EVgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) shares moved upwards by 15.1% to $3.2 during Wednesday's pre-market session. The market value of their outstanding shares is at $331.3 million. As per the press release, Q4 earnings came out today. </li>
<li>J-Long Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JL#NASDAQ">JL</a>) stock increased by 14.28% to $3.04. The company's market cap stands at $95.4 million. </li>
<li>JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) shares moved upwards by 11.66% to $23.94. The company's market cap stands at $37.6 billion. The company's, Q4 earnings came out today. </li>
<li>RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) shares moved upwards by 10.99% to $4.14. The company's market cap stands at $433.4 million. The company's, Q4 earnings came out 4 days ago. </li>
<li>Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) stock moved upwards by 10.4% to $4.88. The market value of their outstanding shares is at $168.4 million. </li>
<li>ToughBuilt Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLT#NASDAQ">TBLT</a>) stock rose 8.68% to $4.13. The company's market cap stands at $3.1 million. </li>
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<h3>Losers</h3>
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<li>Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) shares fell 17.5% to $104.5 during Wednesday's pre-market session. The market value of their outstanding shares is at $5.5 billion. As per the press release, Q2 earnings came out today. </li>
<li>Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) stock declined by 11.11% to $30.5. The market value of their outstanding shares is at $2.8 billion. The company's, Q4 earnings came out today. </li>
<li>Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) shares fell 9.38% to $18.94. The company's market cap stands at $3.0 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) shares decreased by 9.14% to $62.0. The company's market cap stands at $1.8 billion. </li>
<li>EpicQuest Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEIQ#NASDAQ">EEIQ</a>) shares decreased by 8.33% to $1.1. The market value of their outstanding shares is at $13.9 million. </li>
<li>Brilliant Earth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRLT#NASDAQ">BRLT</a>) shares declined by 5.56% to $2.72. The company's market cap stands at $33.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

Duluth Holdings Inc. (dba, Duluth Trading Company) (&quot;Duluth Trading&quot; or the &quot;Company&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>), a lifestyle brand of men&#39;s and women&#39;s workwear, casual wear, outdoor apparel and accessories, today announced the appointment of Heena Agrawal as Senior Vice President and Chief Financial Officer, effective February 12, 2024. 
&nbsp;

Management

Duluth Holdings Names Heena Agrawal as CFO, Effective February 12, 2024

Duluth Holdings Inc.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlth#NASDAQ">DLTH</a>) reported a third-quarter FY23 sales decline of 6.1% year-on-year to $138.21 million,&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/11/g36018276/duluth-holdings-inc-announces-third-quarter-2023-financial-results" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">missing the consensus of $141.47 million.</a>
EPS loss of $(0.32)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/earnings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">missed the analyst consensus of $(0.26) loss</a>.
Retail store net sales decreased by 8.8% to $51.2 million due to slower store traffic, partially offset by a higher average transaction value during the quarter.
Gross margin decreased to 50.2% from 52.3%, and the gross profit decreased to $69.4 million from $76.9 million a year ago.
The decrease in gross profit margin rate was primarily due to a lower mix of full-price sales amidst the continued promotional retail environment.
The company ended the quarter with a cash balance of $8.2 million.
Outlook:&nbsp;Duluth Holdings expects FY23 net sales of $640 million-$655 million versus the $644.19 million estimate (<a class="editor-rtfLink" href="https://ir.duluthtrading.com/news-releases/news-release-details/duluth-holdings-inc-announces-second-quarter-2023-financial" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">prior view</a>: $645 million-$660 million).
The company sees EPS of $(0.25)-$(0.15) versus $(0.11) estimate (<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/guidance" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">prior view: $(0.15)-$(0.08)).</a>
Price Action:&nbsp;DLTH shares are trading lower by 3.79% at $4.95 on the last check Thursday.

<h3>Companies Reporting Before The Bell</h3>
&bull; 111 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YI#NASDAQ">YI</a>) is projected to report earnings for its third quarter.
&bull; Frontline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>) is expected to report quarterly earnings at $0.45 per share on revenue of $249.41 million.
&bull; Burning Rock Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNR#NASDAQ">BNR</a>) is estimated to report earnings for its third quarter.
&bull; Kirkland&#39;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIRK#NASDAQ">KIRK</a>) is projected to report quarterly loss at $0.53 per share on revenue of $121.00 million.
&bull; Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) is expected to report quarterly loss at $0.26 per share on revenue of $141.47 million.
&bull; Big Lots (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIG#NYSE">BIG</a>) is projected to report quarterly loss at $4.66 per share on revenue of $1.03 billion.
&bull; Academy Sports (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) is expected to report quarterly earnings at $1.61 per share on revenue of $1.45 billion.
&bull; REX American Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REX#NYSE">REX</a>) is projected to report quarterly earnings at $0.68 per share on revenue of $205.99 million.
&bull; Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPR#NYSE">EXPR</a>) is expected to report quarterly loss at $7.18 per share on revenue of $471.24 million.
&bull; Build-A-Bear Workshop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBW#NYSE">BBW</a>) is projected to report quarterly earnings at $0.51 per share on revenue of $108.11 million.
&bull; REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) is expected to report earnings for its third quarter.
&bull; Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>) is likely to report earnings for its fourth quarter.
&bull; Movado Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOV#NYSE">MOV</a>) is projected to report earnings for its third quarter.
&bull; Senstar Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNT#NASDAQ">SNT</a>) is estimated to report earnings for its third quarter.
&bull; Cracker Barrel Old (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>) is expected to report earnings for its first quarter.
&bull; Kroger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $33.91 billion.
&bull; Titan Machinery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) is estimated to report earnings for its third quarter.
&bull; Rush Street Interactive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSI#NYSE">RSI</a>) is expected to report earnings for its fourth quarter.
&bull; Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) is projected to report earnings for its fourth quarter.
&bull; BRP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>) is estimated to report earnings for its third quarter.
&bull; Canadian Imperial Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CM#NYSE">CM</a>) is projected to report earnings for its fourth quarter.
&bull; BOS Better Online Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOSC#NASDAQ">BOSC</a>) is estimated to report earnings for its third quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Tilly&#39;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TLYS#NYSE">TLYS</a>) is likely to report quarterly loss at $0.07 per share on revenue of $167.98 million.
&bull; Samsara (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) is estimated to report quarterly earnings at $0.01 per share on revenue of $224.73 million.
&bull; Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) is projected to report quarterly earnings at $0.40 per share on revenue of $1.40 billion.
&bull; Zumiez (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZUMZ#NASDAQ">ZUMZ</a>) is expected to report quarterly loss at $0.17 per share on revenue of $213.58 million.
&bull; Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) is projected to report quarterly earnings at $4.96 per share on revenue of $2.47 billion.
&bull; Domo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOMO#NASDAQ">DOMO</a>) is likely to report earnings for its third quarter.
&bull; American Woodmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) is likely to report earnings for its second quarter.
&bull; Elastic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) is expected to report earnings for its second quarter.
&bull; American Outdoor Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOUT#NASDAQ">AOUT</a>) is projected to report earnings for its second quarter.
&bull; Ambarella (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) is likely to report earnings for its third quarter.
&bull; PagerDuty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>) is expected to report earnings for its third quarter.
&bull; UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is expected to report earnings for its third quarter.
&bull; Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) is likely to report earnings for its third quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For November 30, 2023

Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) reported its Q3 earnings results on Thursday, November 30, 2023 at 05:45 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Duluth Holdings missed estimated earnings by 23.08%, reporting an EPS of $-0.32 versus an estimate of $-0.26.
Revenue was down $8.92 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.06 which was followed by a 1.42% drop in the share price the next day.
Here's a look at Duluth Holdings's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0</td>
<td>-0.13</td>
<td>0.22</td>
<td>-0.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.06</td>
<td>-0.12</td>
<td>0.23</td>
<td>-0.19</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>138.41M</td>
<td>118.66M</td>
<td>243.26M</td>
<td>144.30M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>139.10M</td>
<td>123.76M</td>
<td>241.77M</td>
<td>147.13M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Duluth Holdings <a href="https://www.benzinga.com/quote/DLTH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Duluth Holdings: Q3 Earnings Insights

Duluth Holdings Expects FY23 Net Sales In The Range Of $640M-$655M Vs. $644.19M Estimate (Prior View: $645M - $660M); Sees EPS in the range of $(0.25)-$(0.15)  Vs. $(0.11) Estimate (Prior View: $(0.15)-$(0.08))

Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) reported quarterly losses of $(0.32) per share which missed the analyst consensus estimate of $(0.26) by 23.08 percent. This is a 68.42 percent decrease over losses of $(0.19) per share from the same period last year. The company reported quarterly sales of $138.21 million which missed the analyst consensus estimate of $141.47 million by 2.30 percent. This is a 6.06 percent decrease over sales of $147.13 million the same period last year.

Duluth Holdings Q3 EPS $(0.32) Misses $(0.26) Estimate, Sales $138.21M Miss $141.47M Estimate

Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) is set to give its latest quarterly earnings report on Thursday, 2023-11-30. Here's what investors need to know before the announcement.
Analysts estimate that Duluth Holdings will report an earnings per share (EPS) of $-0.26. 
Duluth Holdings bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.06, which was followed by a 1.42% drop in the share price the next day.
Here's a look at Duluth Holdings's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0</td>
<td>-0.13</td>
<td>0.22</td>
<td>-0.11</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.06</td>
<td>-0.12</td>
<td>0.23</td>
<td>-0.19</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.42%</td>
<td>9.91%</td>
<td>-0.3%</td>
<td>-6.38%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1701266509_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Duluth Holdings were trading at $5.27 as of November 27. Over the last 52-week period, shares are down 27.66%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/DLTH/earnings">To track all earnings releases for Duluth Holdings visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: Duluth Holdings

U.S. stocks traded mixed toward the end of trading, with the Dow Jones falling more than 100 points on Thursday.
The Dow traded down 0.36% to 34,763.44 while the NASDAQ rose 0.26% to 14,056.44. The S&amp;P 500, also fell, dropping, 0.03% to 4,513.47.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/08/34142038/over-5m-bet-on-this-healthcare-stock-check-out-these-4-penny-stocks-insiders-are-aggress"> Over $5M Bet On This Healthcare Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying</a>
&nbsp; 
<h3>Leading and Lagging Sectors</h3>

Consumer discretionary shares jumped by 0.7% on Thursday.
In trading on Thursday, health care shares fell by 0.9%.
&nbsp; 
<h3>Top Headline</h3>

Dollar General Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>) reported second-quarter FY23 sales growth of 3.9% year-on-year to $9.80 billion, missing the analyst consensus of $9.92 billion. EPS of $2.13 missed the analyst consensus of $2.46.
Dollar General lowered its FY23 net sales growth outlook from 3.5%-5% to 1.3% - 3.3%. The company lowered FY23 EPS guidance from $9.83 - $10.68 to $7.10 - $8.30 versus an estimate of $10.01.
&nbsp; 
<h3>Equities Trading UP</h3>

Acer Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acer#NASDAQ">ACER</a>) shares shot up 93% to $1.1799 after Zevra Therapeutics announced it will acquire the company. The transaction will have a total potential value for Acer stockholders of up to $91 million.
Shares of Satixfy Communications Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/satx#NYSE">SATX</a>) got a boost, shooting 29% to $0.6148 after it inked a deal with MDA Ltd. to sell its digital payload division, SatixFy Space Systems UK Ltd., for $40 million.
Canopy Growth Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>) shares were also up, gaining 30% to $0.5899 after the HHS called for moving marijuana to a lower-risk drug category.
&nbsp; 
<h3>Equities Trading DOWN</h3>

Lands&#39; End, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/le#NASDAQ">LE</a>) shares dropped 25% to $7.74 after the company reported worse-than-expected second-quarter results and issued weak guidance.
Shares of Dollar General Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>) were down 13% to $138.00. Dollar General reported second-quarter FY23 sales growth of 3.9% year-on-year to $9.80 billion, missing the analyst consensus of $9.92 billion.
Duluth Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlth#NASDAQ">DLTH</a>) was down, falling 14% to $6.30 after the company reported a year-over-year decrease in second-quarter EPS results and reiterated FY23 EPS guidance below estimates. Additionally, CFO Dave Loretta announced his decision to step down effective September 15.
Also Check This Out: <a href="https://www.benzinga.com/news/23/08/34142158/top-5-risk-off-stocks-that-are-ticking-portfolio-bombs"> Top 5 Risk Off Stocks That Are Ticking Portfolio Bombs</a>
&nbsp; 
<h3>Commodities</h3>

In commodity news, oil traded up 2.2% to $83.39 while gold traded down 0.3% at $ 1,967.80.
Silver traded up 0.5% to $24.845 on Thursday while copper fell 0.3% to $3.8310.
&nbsp; 
<h3>Euro zone</h3>

European shares were mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.20% London&rsquo;s FTSE 100 fell 0.46% while Spain&rsquo;s IBEX 35 Index fell 0.47% The German DAX rose 0.35% French CAC 40 fell 0.65%, while Italy&rsquo;s FTSE MIB Index fell 0.29%.
The annual inflation rate in the Eurozone came in steady at 5.3% in August, while unemployment rate stood at a record low level of 6.4% in July. German unemployment rate came in unchanged at 5.7% in August.
The French economy grew by 0.5% on quarter in the second quarter, while consumer price inflation rose to 4.8% year-over-year in August. The annual inflation rate in Italy eased to 5.5% in August from 5.9% in the prior month, while jobless rate rose to 7.6% in July from a revised 7.5% in the previous month.
&nbsp; 
<h3>Asia Pacific Markets</h3>

Asian markets closed mostly lower on Thursday, with Japan&rsquo;s Nikkei 225 gaining 0.88%, China&rsquo;s Shanghai Composite Index falling 0.55% and Hong Kong&rsquo;s Hang Seng Index falling 0.55%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, fell 0.4%.
Retail sales in Hong Kong climbed 14% year-over-year in July versus a revised 17.4% surge in the prior month. The official NBS Non-Manufacturing PMI for China fell to 51.0 in August from 51.5 in the prior month.
Japanese housing starts fell by 6.7% year-over-year in July, while retail sales climbed 6.8% year-over-year in July. Industrial production in Japan fell by 2.0% month-over-month in July.
&nbsp; 
<h3>Economics</h3>

U.S. initial jobless claims fell by 4,000 from the previous week&rsquo;s revised reading to 228,000 on the week ending Aug. 26, compared to market estimates of 235,000.
Core PCE prices in the U.S. rose by 0.2% month-over-month in July.
Personal spending in current dollars rose by 0.8% in July, while personal income rose by 0.2% over a month in July.
The Chicago Business Barometer climbed to 48.7 in August from 42.8 in July.
U.S. natural gas supplies climbed 32 billion cubic feet last week, the EIA said.
Now Read This: <a href="https://www.benzinga.com/news/23/08/34141043/nvidia-gap-and-2-other-stocks-insiders-are-selling"> Nvidia, Gap And 2 Other Stocks Insiders Are Selling</a>
&nbsp; 
<h3>COVID-19 Update</h3>

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 108,070,840 cases with around 1,173,590 deaths. India confirmed a total of at least 44,997,110 cases and 531,920 deaths, while France reported over 40,138,560 COVID-19 cases with 167,640 deaths. In total, there were at least 694,605,410 cases of COVID-19 worldwide with more than 6,911,440 deaths.

<h3>Gainers</h3>
<ul>
<li>Caleres (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAL#NYSE">CAL</a>) stock rose 15.1% to $28.46 during Thursday's regular session. Caleres's stock is trading at a volume of 624.8K shares as of 13:30 EST. This is 116.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.0 billion. As per the news, the Q2 earnings report came out today. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock moved upwards by 13.51% to $12.92. Trading volume for Digital Brands Group's stock is 510.7K as of 13:30 EST. This is 387.7% of its average full-day volume over the last 100 days. The company's market cap stands at $4.0 million. </li>
<li>Genesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCO#NYSE">GCO</a>) stock rose 12.29% to $32.74. Trading volume for this security as of 13:30 EST is 265.7K, which is 75.5% of its average full-day volume over the last 100 days. The company's market cap stands at $411.3 million. As per the news, the Q2 earnings report came out today. </li>
<li>Academy Sports (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) shares increased by 11.53% to $55.7. Trading volume for Academy Sports's stock is 3.7 million as of 13:30 EST. This is 212.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $4.2 billion. As per the press release, Q2 earnings came out today. </li>
<li>a.k.a. Brands Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AKA#NYSE">AKA</a>) shares moved upwards by 11.41% to $0.53. Trading volume for this security as of 13:30 EST is 117.2K, which is 52.8% of its average full-day volume over the last 100 days. The company's market cap stands at $68.7 million. </li>
<li>GrowGeneration (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRWG#NASDAQ">GRWG</a>) stock increased by 11.33% to $3.34. Trading volume for GrowGeneration's stock is 2.5 million as of 13:30 EST. This is 296.8% of its average full-day volume over the last 100 days. The company's market cap stands at $204.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lands' End (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LE#NASDAQ">LE</a>) shares declined by 23.1% to $7.88 during Thursday's regular session. Trading volume for this security as of 13:30 EST is 344.4K, which is 243.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $253.0 million. The company's, Q2 earnings came out today. </li>
<li>Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) stock declined by 16.68% to $6.12. As of 13:30 EST, Duluth Holdings's stock is trading at a volume of 99.2K, which is 150.3% of its average full-day volume over the last 100 days. The company's market cap stands at $211.5 million. As per the press release, Q2 earnings came out today. </li>
<li>VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) stock decreased by 13.23% to $35.81. As of 13:30 EST, this security is trading at a volume of 4.8 million shares, making up 54.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $83.1 billion. </li>
<li>Canoo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) shares fell 11.59% to $0.59. The current volume of 27.2 million shares is 72.0% of Canoo's average full-day volume over the last 100 days (last updated at 13:30 EST). The market value of their outstanding shares is at $373.6 million. </li>
<li>Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) shares fell 11.48% to $24.19. Chewy's stock is trading at a volume of 17.7 million shares as of 13:30 EST. This is 382.6% of its average full-day volume over the last 100 days. The company's market cap stands at $10.3 billion. As per the news, the Q2 earnings report came out yesterday. </li>
<li>Lixiang Education Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEH#NASDAQ">LXEH</a>) stock declined by 11.42% to $0.32. Trading volume for Lixiang Education Hldg's stock is 618.8K as of 13:30 EST. This is 306.7% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $4.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CHWY

DBGI

GOEV

GRWG

LXEH

12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>Acer Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acer#NASDAQ">ACER</a>) shares jumped 145% to $1.4850 after Zevra Therapeutics announced it will acquire the company. The transaction will have a total potential value for Acer stockholders of up to $91 million.</li>
<li>1847 Holdings LLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/efsh#NASDAQ">EFSH</a>) surged 66.6% to $0.17. 1847 Holdings reported successful restructuring of promissory notes, with two institutional investors, totaling $1.75 million outstanding.</li>
<li>iCoreConnect Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/icct#OTC">ICCT</a>) climbed 51.7% to $18.63 after jumping 119% on Wednesday. Last Friday, the company announced theclosing of its previously announced business combination with FG Merger Corp., a special purpose acquisition corporation (SPAC).</li>
<li>Canopy Growth Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>) rose 31% to $0.59 after the HHS called for moving marijuana to a lower-risk drug category.</li>
<li>noco-noco Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncnc#NASDAQ">NCNC</a>) gained 30% to $2.08 after falling 20% on Wednesday.</li>
<li>Satixfy Communications Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/satx#NASDAQ">SATX</a>) rose 27% to $0.6059 after the company announced a $60 million transaction with MDA.</li>
<li>Longeveron Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lgvn#NASDAQ">LGVN</a>) shares gained 25.6% to $3.0669.</li>
<li>Upland Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/upld#NASDAQ">UPLD</a>) gained 22% to $3.59.</li>
<li>Intrusion Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intz#NASDAQ">INTZ</a>) rose 20% to $0.8485.</li>
<li>OpGen, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/opgn#NASDAQ">OPGN</a>) jumped 19.5% to $0.2091.</li>
<li>Microvast Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mvst#NASDAQ">MVST</a>) rose 18.3% to $2.14 after Janney Montgomery Scott initiated coverage on the stock with a Buy rating and $8 price target.</li>
<li>cbdMD, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ycbd#NASDAQ">YCBD</a>) gained 17.5% to $1.21.</li>
<li>Cue Health Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hlth#NASDAQ">HLTH</a>) rose 17.4% to $0.5181. Tarsadia Investments sent a letter to board of Cue Health, Inc, calls on board to take immediate action to prevent further destruction of stockholder value.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) gained 16.5% to $1.6664 after the company reported better-than-expected FY23 EPS results. Additionally, Jefferies upgraded the stock from Hold to Buy.</li>
<li>Caleres, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cal#NYSE">CAL</a>) jumped 15.5% to $28.58 after the company reported mixed second-quarter earnings and reiterated 2023 guidance.</li>
<li>Ciena Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cien#NYSE">CIEN</a>) gained 15% to $49.60 after the company reported upbeat third-quarter results.</li>
<li>Tilray Brands, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>) rose 14% to $3.03 after the HHS called for moving marijuana to a lower-risk drug category.</li>
<li>Okta, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/okta#NASDAQ">OKTA</a>) shares surged 13% to $83.15 after the company reported better-than-expected second-quarter financial results and raised FY24 guidance above estimates.</li>
<li>1-800-FLOWERS.COM, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/flws#NASDAQ">FLWS</a>) gained 12.8% to $7.88 after the company reported mixed fourth-quarter results.</li>
<li>Moving iMage Technologies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mitq#NYSE">MITQ</a>) gained 12.5% to $0.9786.</li>
<li>Infinera Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/infn#NASDAQ">INFN</a>) jumped 12.2% to $4.7250.</li>
<li>Titan Machinery Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/titn#NASDAQ">TITN</a>) surged 11.6% to $32.46 after the company reported better-than-expected second-quarter results.</li>
<li>Academy Sports and Outdoors, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aso#NASDAQ">ASO</a>) gained 11.4% to $55.64 as the company reported a second-quarter FY23 sales decline of 6.2% year-on-year to $1.58 billion, in line with the analyst consensus estimate.</li>
<li>Genesco Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gco#NYSE">GCO</a>) jumped 11% to $32.39 after the company reported better-than-expected second-quarter results.</li>
<li>CrowdStrike Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crwd#NASDAQ">CRWD</a>) climbed 9.2% to $162.88 after the company reported better-than-expected second-quarter results and issued guidance above estimates.</li>
<li>Veeva Systems Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/veev#NYSE">VEEV</a>) gained 8.1% to $208.18 after the company reported a second-quarter earnings beat and issued guidance above estimates. Several analysts raised their price targets on the stock following the report.</li>
<li>Ollie&#39;s Bargain Outlet Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olli#NASDAQ">OLLI</a>) jumped 7.6% to $80.59 following strong quarterly results.</li>
<li>Allarity Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/allr#NASDAQ">ALLR</a>) shares gained 6.8% to $1.7305. The company published clinical data in a peer-reviewed journal late Wednesday.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Axcella Health Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/axla#NASDAQ">AXLA</a>) shares dipped 29.1% to $0.2701 after falling 15% on Wednesday.</li>
<li>AgileThought, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agil#NASDAQ">AGIL</a>) shares fell 27.7% to $0.2052 after jumping 83% on Wednesday.</li>
<li>SeqLL Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sql#NASDAQ">SQL</a>) fell 23.1% to $15.07.</li>
<li>Lands&#39; End, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/le#NASDAQ">LE</a>) declined 22.4% to $7.96 after the company reported worse-than-expected second-quarter results and issued weak guidance.</li>
<li>VCI Global Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vcig#NASDAQ">VCIG</a>) tumbled 22% to $4.41.</li>
<li>GD Culture Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gdc#NASDAQ">GDC</a>) fell 18% to $2.83.</li>
<li>OKYO Pharma Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/okyo#NASDAQ">OKYO</a>) fell 15.2% to $2.1212 after dipping 18% on Wednesday. The company announced that it has enrolled and randomized 90% of the patients in its 240-patient Phase 2 clinical trial of OK-101 to treat dry eye disease.</li>
<li>Starbox Group Holdings Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/stbx#NASDAQ">STBX</a>) dipped 15.2% to $2.45.</li>
<li>Dollar General Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>) declined 14.8% to $134.33. Dollar General reported second-quarter FY23 sales growth of 3.9% year-on-year to $9.80 billion, missing the analyst consensus of $9.92 billion.</li>
<li>Duluth Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlth#NASDAQ">DLTH</a>) dipped 13.6% to $6.34 after the company reported a year-over-year decrease in second-quarter EPS results and reiterated FY23 EPS guidance below estimates. Additionally, CFO Dave Loretta announced his decision to step down effective September 15.</li>
<li>JanOne Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jan#NASDAQ">JAN</a>) fell 12.5% to $0.5379.</li>
<li>Hammerhead Energy Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hhrs#NASDAQ">HHRS</a>) declined 12.2% to $11.05.</li>
<li>Polestar Automotive Holding UK PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/psny#NASDAQ">PSNY</a>) dipped 11.7% to $3.3825 after the company missed second-quarter analyst estimates.</li>
<li>Digital Brands Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dbgi#NASDAQ">DBGI</a>) fell 11.6% to $10.06 after jumping 35% on Wednesday.</li>
<li>Chewy, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chwy#NYSE">CHWY</a>) shares tumbled 10.1% to $24.58 following second-quarter results.</li>
<li>Top KingWin Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcjh#NASDAQ">TCJH</a>) shares fell 10% to $1.3501 after gaining 15% on Wednesday.</li>
<li>SIGNA Sports United N.V. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ssu#NYSE">SSU</a>) dipped 8.7% to $1.15.</li>
<li>Beneficient (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/benf#NASDAQ">BENF</a>) fell 7.7% to $2.4750 after surging 28% on Wednesday.</li>
<li>World Wrestling Entertainment, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wwe#NYSE">WWE</a>) fell 7.6% to $101.69.</li>
<li>Five Below, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/five#NASDAQ">FIVE</a>) shares fell 4.2% to $175.20. Five Below posted upbeat results for its second quarter, but issued weak outlook for the third quarter.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/23/08/34142158/top-5-risk-off-stocks-that-are-ticking-portfolio-bombs"> Top 5 Risk Off Stocks That Are Ticking Portfolio Bombs</a>

AGIL

ALLR

AXLA

BENF

CRWD

EFSH

FIVE

FLWS

HAMMERHEAD ENERGY INC A by Hammerhead Energy Inc.

HHRS

HLTH

ICCT

INFN

INTZ

LGVN

MESO

MITQ

MVST

NCNC

OKTA

OKYO

OLLI

OPGN

PSNY

STBX

TCJH

TLRY

UPLD

VCIG

VEEV

YCBD

Why Lands' End Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 50 points on Thursday.
The Dow traded up 0.04% to 34,903.09 while the NASDAQ rose 0.38% to 14,072.42. The S&amp;P 500, also rose, gaining, 0.15% to 4,521.71.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/08/34142038/over-5m-bet-on-this-healthcare-stock-check-out-these-4-penny-stocks-insiders-are-aggress"> Over $5M Bet On This Healthcare Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying</a>
&nbsp; 
<h3>Leading and Lagging Sectors</h3>

Consumer discretionary shares jumped by 0.7% on Thursday.
In trading on Thursday, real estate shares fell by 0.5%.
&nbsp; 
<h3>Top Headline</h3>

Core PCE prices in the U.S. rose by 0.2% month-over-month in July. Personal spending in current dollars rose by 0.8% in July, while personal income rose by 0.2% over a month in July.
&nbsp; 
<h3>Equities Trading UP</h3>

Acer Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acer#NASDAQ">ACER</a>) shares shot up 164% to $1.61 after Zevra Therapeutics announced it will acquire the company. The transaction will have a total potential value for Acer stockholders of up to $91 million.
Shares of 1847 Holdings LLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/efsh#NASDAQ">EFSH</a>) got a boost, shooting 44% to $0.1476. 1847 Holdings reported successful restructuring of promissory notes, with two institutional investors, totaling $1.75 million outstanding.
Canopy Growth Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>) shares were also up, gaining 27% to $0.5757 after the HHS called for moving marijuana to a lower-risk drug category.
&nbsp; 
<h3>Equities Trading DOWN</h3>

Lands&#39; End, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/le#NASDAQ">LE</a>) shares dropped 24% to $7.83 after the company reported worse-than-expected second-quarter results and issued weak guidance.
Shares of Dollar General Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>) were down 14% to $135.05. Dollar General reported second-quarter FY23 sales growth of 3.9% year-on-year to $9.80 billion, missing the analyst consensus of $9.92 billion.
Duluth Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlth#NASDAQ">DLTH</a>) was down, falling 13% to $6.36 after the company reported a year-over-year decrease in second-quarter EPS results and reiterated FY23 EPS guidance below estimates. Additionally, CFO Dave Loretta announced his decision to step down effective September 15.
Also Check This Out: <a href="https://www.benzinga.com/news/23/08/34142158/top-5-risk-off-stocks-that-are-ticking-portfolio-bombs"> Top 5 Risk Off Stocks That Are Ticking Portfolio Bombs</a>
&nbsp; 
<h3>Commodities</h3>

In commodity news, oil traded up 0.8% to $82.27 while gold traded down 0.3% at $1,966.70.
Silver traded up 0.4% to $24.83 on Thursday while copper fell 0.5% to $3.8250.
&nbsp; 
<h3>Euro zone</h3>

European shares were mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.09% London&rsquo;s FTSE 100 fell 0.35% while Spain&rsquo;s IBEX 35 Index fell 0.34% The German DAX rose 0.51% French CAC 40 fell 0.44%, while Italy&rsquo;s FTSE MIB Index fell 0.13%.
The annual inflation rate in the Eurozone came in steady at 5.3% in August, while unemployment rate stood at a record low level of 6.4% in July. German unemployment rate came in unchanged at 5.7% in August.
The French economy grew by 0.5% on quarter in the second quarter, while consumer price inflation rose to 4.8% year-over-year in August. The annual inflation rate in Italy eased to 5.5% in August from 5.9% in the prior month, while jobless rate rose to 7.6% in July from a revised 7.5% in the previous month.
&nbsp; 
<h3>Asia Pacific Markets</h3>

Asian markets closed mostly lower on Thursday, with Japan&rsquo;s Nikkei 225 gaining 0.88%, China&rsquo;s Shanghai Composite Index falling 0.55% and Hong Kong&rsquo;s Hang Seng Index falling 0.55%. India&rsquo;s S&amp;P BSE Sensex, meanwhile, fell 0.4%.
Retail sales in Hong Kong climbed 14% year-over-year in July versus a revised 17.4% surge in the prior month. The official NBS Non-Manufacturing PMI for China fell to 51.0 in August from 51.5 in the prior month.
Japanese housing starts fell by 6.7% year-over-year in July, while retail sales climbed 6.8% year-over-year in July. Industrial production in Japan fell by 2.0% month-over-month in July.
&nbsp; 
<h3>Economics</h3>

U.S. initial jobless claims fell by 4,000 from the previous week&rsquo;s revised reading to 228,000 on the week ending Aug. 26, compared to market estimates of 235,000.
Core PCE prices in the U.S. rose by 0.2% month-over-month in July.
Personal spending in current dollars rose by 0.8% in July, while personal income rose by 0.2% over a month in July.
The Chicago Business Barometer climbed to 48.7 in August from 42.8 in July.
U.S. natural gas supplies climbed 32 billion cubic feet last week, the EIA said.
Now Read This: <a href="https://www.benzinga.com/news/23/08/34141043/nvidia-gap-and-2-other-stocks-insiders-are-selling"> Nvidia, Gap And 2 Other Stocks Insiders Are Selling</a>
&nbsp; 
<h3>COVID-19 Update</h3>

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 108,070,840 cases with around 1,173,590 deaths. India confirmed a total of at least 44,997,110 cases and 531,920 deaths, while France reported over 40,138,560 COVID-19 cases with 167,640 deaths. In total, there were at least 694,605,410 cases of COVID-19 worldwide with more than 6,911,440 deaths.

Nasdaq Rises 50 Points; Dollar General Shares Slide

Duluth Holdings Inc.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlth#NASDAQ">DLTH</a>) reported a second-quarter FY23 sales decline of 1.7% year-on-year to $139.10 million,&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/08/g34138013/duluth-holdings-inc-announces-second-quarter-2023-financial-results-and-chief-financial-officer-up" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">beating the consensus of $138.41 million.</a>
EPS loss of $(0.06)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/earnings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">missed the analyst consensus&nbsp;</a>of breakeven $(0.00).
Retail store net sales decreased by 7% to $52.3 million due to slower store traffic, which was partially offset by continued strong conversion rates.
Gross margin decreased to 51.4% from 53.4%, and the gross profit decreased to $71.5 million from $75.6 million a year ago.
The gross profit margin decreased primarily due to a lower product margin rate amidst the continued promotional retail environment.
The company ended the quarter with a cash balance of $11.1 million.
CFO Update
Duluth Holdings CFO Dave Loretta will step down effective September 15. The company&#39;s VP, Chief Accounting Officer Michael Murphy, will serve as the interim CFO while the company initiated a search for a permanent replacement.
&quot;We are incredibly excited to share the news that our new highly automated fulfillment center in Adairsville, GA is up and&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/guidance" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">running ahead of schedule and on budget</a>. The center represents a truly transformational advancement in our supply chain capabilities that moves us forward in meeting customers&#39; growing expectations for faster online deliveries and positions us to gain operational efficiencies as early as our peak selling season this year. The investment to automate and expand capacity in our logistics network is a key pillar of our Big Dam Blueprint and I would like to thank all the team members who contributed to realizing this major milestone,&quot; President and CEO Sam Sato said.
Outlook
Duluth Holdings reaffirmed its FY23 revenue outlook of $645 million-$660 million versus the consensus of $647.56 million.&nbsp;
The company expects EPS in the range of $(0.15)-$(0.08) versus the consensus of $0.05 (<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/06/g32665206/duluth-holdings-inc-announces-first-quarter-2023-financial-results" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">prior view</a>: $0.02-$0.08).
Duluth sees an adjusted EBITDA of $40 million-$42 million (prior view: $47 million-$49 million).
Price Action:&nbsp;DLTH shares are trading lower by 13% at $6.39 on the last check Thursday.

Why Duluth Stock Is Diving Today

WIIM

Duluth Holdings shares are trading lower after the company reported a year-over-year decrease in Q2 EPS results and reiterated FY23 EPS guidance below estimates. Additionally, CFO Dave Loretta announced his decision to step down effective September 15.

<h3>Gainers</h3>
<ul>
<li>Genius Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GNS#AMEX">GNS</a>) shares moved upwards by 13.2% to $1.54 during Thursday's pre-market session. The market value of their outstanding shares is at $98.3 million. </li>
<li>Academy Sports (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) shares increased by 11.63% to $55.75. The market value of their outstanding shares is at $4.2 billion. As per the news, the Q2 earnings report came out today. </li>
<li>Singing Machine Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICS#NASDAQ">MICS</a>) stock rose 9.56% to $1.26. The market value of their outstanding shares is at $5.3 million. </li>
<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) shares increased by 7.33% to $2.78. The company's market cap stands at $30.0 million. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares moved upwards by 7.07% to $1.21. The market value of their outstanding shares is at $17.4 million. </li>
<li>Genesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCO#NYSE">GCO</a>) stock increased by 6.48% to $31.05. The market value of their outstanding shares is at $390.0 million. The company's, Q2 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lands' End (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LE#NASDAQ">LE</a>) shares decreased by 20.3% to $8.18 during Thursday's pre-market session. The market value of their outstanding shares is at $262.4 million. As per the press release, Q2 earnings came out today. </li>
<li>Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) shares fell 16.14% to $6.16. The company's market cap stands at $212.8 million. As per the news, the Q2 earnings report came out today. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock fell 8.7% to $10.39. The company's market cap stands at $3.2 million. </li>
<li>LiveWire Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NYSE">LVWR</a>) stock declined by 7.93% to $11.04. The market value of their outstanding shares is at $2.2 billion. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares declined by 7.41% to $0.75. The company's market cap stands at $1.9 million. </li>
<li>Hall Of Fame Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOFV#NASDAQ">HOFV</a>) shares fell 6.82% to $7.38. The company's market cap stands at $41.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.