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Duluth Holdings: Fiscal Q2 Earnings Snapshot

MOUNT HOREB, Wis. (AP) — MOUNT HOREB, Wis. (AP) — Duluth Holdings Inc. (DLTH) on Thursday reported net income of $18.4 million in its fiscal second quarter.

The Mount Horeb, Wisconsin-based company said it had profit of 50 cents per share. Earnings, adjusted for non-recurring gains, came to 6 cents per share.

The clothing and tools supplier posted revenue of $121.4 million in the period.

Duluth Holdings expects full-year revenue in the range of $540 million to $560 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTH at https://www.zacks.com/ap/DLTH

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NEW YORK (AP) — Precisely 180 years ago, a handful of New York news executives looking to save money on coverage had an idea. Today, it is called The Associated Press. Five newspaper publishers in New York City agreed in 1846 to pool resources in order to speed the delivery of news about the U.S. war with Mexico using a pony-express relay through Alabama to a telegraph office. Those beginnings gave birth to an organization that in many ways became the backbone of the news industry. The AP claims some 4 billion people, nearly half of the world’s population, see news produced by the company on a typical day. Many don’t realize that. For most of its history, the AP has effectively been a utility, providing material for other news outlets to print, broadcast or carry online, its journalists largely anonymous. AP reporters weren’t even identified with bylines until World War I. But the company has chronicled the nation’s big moments for much of the 250-year history of the American republic.
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