Thursday, March 23, 2017

Duluth Trading to open up to 12 stores this year

Duluth Trading (copy)For the full 2016 fiscal year, Duluth reported $21.3 million in profits, or 66 cents a share, on $376.1 million in revenue compared with $27.4 million in earnings, or $1.06 a share, on $304.2 million for the 2015 fiscal year.

CEO Stephanie Pugliese said Duluth Trading will "accelerate the pace" of its store openings, with 10 to 12 expected in fiscal 2017. One store recently opened in Noblesville, Indiana, and another will open this week in Burlington, Massachusetts. That will give the company 18 retail shops.. . . more

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