Apparel Financial

Duluth Holdings Cuts Full-Year Guidance On Q2 Shortfall

Duluth Holdings Cuts Full-Year Guidance On Q2 Shortfall

Duluth Holdings Inc., the parent of Duluth Trading, reduced its outlook for sales and earnings for the year after reporting second-quarter results that came in below Wall Street targets. Stephen Schlecht, the company's founder who just reassumed the role of CEO, said, “We know that our performance in the first half of this fiscal year fell below our expectations, and that now all our attention and resources must be completely focused on delivering a successful fourth quarter." (Read More)

JD Sports Seeing Modest Improvement At Finish Line

JD Sports reported Finish Line's comps grew 3 percent in the first half and showed slight improvement in product margins. The sixth JD Sports banner opened in the U.S. with success being found in expanded apparel range. A JD Sports' Times Square location is scheduled to open in spring 2020. (Read More)

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