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Duluth Holdings reports Q4 adjusted EPS (4c), consensus 11c

Reports Q4 revenue $241.27M, consensus $252.86M. President and CEO, Sam Sato commented, “Delays in processing at our legacy fulfillment center adversely affected our ability to meet our fourth quarter expectations, driven by record-breaking order volume during Black Friday week and Cyber Monday. To fulfill the backlog of orders and preserve higher quality sales for the remainder of the quarter we adjusted our promotional depth and frequency lower.”

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