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Why Duluth Holdings Is Down Big Today

TheMotleyFool

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Why Duluth Holdings Is Down Big TodayPhoto, wide shot, wide-angle lens, Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png

After management reported an ugly fiscal second quarter and issued soft guidance, shares of Duluth Holdings (NASDAQ: DLTH), a rough-and-tumble retailer focused on the needs of tradespeople, dropped 16% as of 1:33 p.m. EDT on Thursday.

The headline numbers from the fiscal second quarter weren't pretty:

Image source: Getty Images.

Source Fool.com

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