Duluth Trading Inc. has released strong sales numbers from their nine-week holiday shopping period.Net sales increased 6.4% to $224.3 million compared to $210.9 million in the 2020 Holiday period. Retail net sales also increased $21.7 million, or 37.8%, to $79.0 million compared to $57.3 million in 2020.
“Our Holiday Period results reflect strength in our product offering, marketing effectiveness and customer demand despite facing continued supply chain headwinds. Our Holiday Period sales growth of 6.4% was achieved with excellent gross margin performance and we are pleased to reaffirm our fiscal 2021 outlook,” said Sam Sato, President and CEO.
For fiscal 2021, the company is anticipating net sales in the range of $700 million to $715 million.
Source: Duluth Trading Co – Press Release
Photo Credit: Duluth Trading
