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Why Duluth Holdings Jumped Today

TheMotleyFool

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Shares of Duluth Holdings (NASDAQ: DLTH), a purveyor of clothing and gear targeted at tradespeople, rose as much as 10% in early morning trading before moderating to a 3% gain as of 10:50 a.m. EDT on Wednesday. Investors can thank better-than-expected second-quarter results for the boost.

Here's a review of the key headlines from the quarter that caused Wall Street to cheer:

When these expectations-topping results were combined with the company's weak stock price, today's bullish share price move seems appropriate.

Source: Fool.com