Duluth Holdings Comment Update
Morning Folks.
Just under three years ago we added Duluth Holdings to the MyWallSt app and things have not gone as we expected. The stock is currently down about 70% since added and is facing a number of headwinds, with revenue growth slowing, margins contracting, and interest payments eating into profits.
After thoughtful analysis from the investing team, we’ve updated our comments on Duluth Holdings.