Duluth Holdings' shares are under pressure due to a decline in Q4 profit and soft 2024 sales and profit guidance. The company's challenging performance in 2023 was due to selective consumer spending, but the growth in the women's business segment is a positive. However, the anticipated loss for 2024 and lower sales forecast could further impact the stock negatively.
CEO Sam Sato is excited about Agrawal's appointment, citing her experience and leadership skills as crucial for Duluth's future plans. Agrawal is eager to join Duluth's executive team and drive the company's growth.
KEY POINTS Markets regained ground, although the Nasdaq lagged to some extent. Both Okta and Duluth Holdings rose after reporting strong earnings. $Okta(OKTA.US)$$Duluth Holdings(DLTH.US)$
Hey mooers Happy Friday! Weekly Sectors Fund Flow Board is here~ From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs! ^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows. ^3-month fund flows: a metric that can be used to gauge the perceived popularity amongst investors of different sectors. ^The board includes the following information: change of rankings, 3-month fund flows, how many ETFs are in the sectors, and the related ETFs. For this week, I covered the two highest ESG score sector-related ETFs ! Now, let's take a look at the board~You may find something to diversify your porfolio * Follow me to know what is hot on the market Sectors Updates: *Tech Technology stocks were mostly higher in late trade, with the$科技行業精選指數ETF-SPDR(XLK.US)$Thursday rising 1% and the$費城半導體指數(.SOX.US)$was flat, reversing a midday slide. In company news,$The Glimpse(VRAR.US)$fell 8%, giving back a small mid-morning gain, after the virtual and augmented reality company announced its planned purchase of marketing agency Sector 5 Digital for $8 million upfront and up to $19 million more over the next three years. To the upside,$Snowflake(SNOW.US)$rose more than 15% after the data platform company late Wednesday reported a strong reports. Revenue more than doubled compared with year-ago levels, rising 109% to $334.4 million and also beating the $306.1 million Street view. $Okta(OKTA.US)$added almost 13% on Thursday after the cloud-identity company overnight reported above-consensus Q3 results and also narrowed its projected FY22 net loss and raised its revenue forecast for 12 months ending Jan. 31. *FIN Financial stocks were ending near the peak of their Thursday advance, with the$SPDR金融行業ETF(XLF.US)$was gaining 3%. Bitcoin was 0.3% lower at $57,116 while the yield for 10-year US Treasuries was 1.4 basis points higher at 1.448%. In company news,$Coastal Financial(CCB.US)$rose 4.8% after Thursday announcing a new partnership with financial technology platform LendingPoint in a deal it anticipates will reduce the bank's risk and costs of lending and expand its geographic footprint. Financial terms were not disclosed. *Real Estates The Philadelphia Housing Index was climbing 4.3% and the$The Real Estate Select Sector SPDR Fund(XLRE.US)$was up 2.7%. $Brixmor Property Group(BRX.US)$rose 6% after Truist Securities raised its price target for the real estate investment trust by $3 to $26 a share and reiterating its hold rating for the stock. $Medallion Financial(MFIN.US)$was 11.6% higher after the specialty lender said it closed on the sale of its Richard Petty Motorsports NASCAR race team to Warp Speed for $19.1 million. The company said the deal removes $26 million of intangible assets from its balance sheet and increases its tangible book value by over $1 per share. *Health Care Health care stocks were ending off Thursday's pace, with the NYSE Health Care Index rising 0.5% this afternoon while the$醫療保健精選行業指數ETF-SPDR(XLV.US)$also was up 0.5%. $Biofrontera(BFRI.US)$soared 21% after the biopharmaceuticals company said it received a US patent for its pain-reducing illumination protocol combining its Ameluz medication with RhodoLED lamp. $奧麥羅製藥(OMER.US)$climbed 7.3% after the biopharmaceuticals company said it was selling its OMIDRIA franchise to Rayner Surgical Group in a deal valued at more than $1 billion. *Consumer Consumer stocks were adding to prior gains late in Thursday trading, with the$日常消費品精選行業指數ETF-SPDR(XLP.US)$climbing 1% while the$非必需消費類ETF-SPDR(XLY.US)$was rising 1.5%. In company news,$Duluth Holdings(DLTH.US)$sped 18% higher after the clothier reported net income of $0.09 per share for its Q3 ended Oct. 31, triple its $0.03 per share profit last year and topping the single-analyst call expecting a GAAP loss of $0.30 per share. Net sales increased and the company also raised its FY21 earnings forecast. $克羅格(KR.US)$rose over 11% after the grocery chain beat Wall Street estimates with its fiscal Q3 results and raised its FY22 earnings forecast. *Energy Energy stocks were racing higher this afternoon, with the NYSE Energy Sector Index climbing 3.2% while the$能源指數ETF-SPDR(XLE.US)$was up 3%. The$PHLX石油服務類股指數(.OSX.US)$also was posting a 3.4% gain and the$道琼斯美国公用事业指数(.DJUSUT.US)$was ahead 1.2%. Front-month West Texas Intermediate crude oil settled $0.93 higher at $66.50 per barrel, reversing a morning decline, while the global benchmark Brent crude contract was advancing $1.49 to $70.36 per barrel. Source: MT Newswires
$Duluth Holdings(DLTH.US)$ Intra-day resistance at $10.50. if Price action can break that we could see 5-10% profit today. Price target on break of 10.50 is 11+ This is just my opinion based on my analysis and experience. this is for informational purposes only.
I’ve been busy this morning with life... haven’t gotten into too much. I had a small loss on$BioNano Genomics(BNGO.US)$because I didn’t listen to my own advice and jumped the gun buying in. I entered at $1.23 instead of $1.35 and took a small loss with a Stop Loss (SL) triggered stress $1.18. Lesson here is once you have a plan, stick to it! I have 3 call options for
Duluth Holdings股票討論區
Markets regained ground, although the Nasdaq lagged to some extent.
Both Okta and Duluth Holdings rose after reporting strong earnings.
$Okta(OKTA.US)$ $Duluth Holdings(DLTH.US)$
Happy Friday! Weekly Sectors Fund Flow Board is here~
From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs!
^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows.
^3-month fund flows: a metric that can be used to gauge the perceived popularity amongst investors of different sectors.
^The board includes the following information: change of rankings, 3-month fund flows, how many ETFs are in the sectors, and the related ETFs.
For this week, I covered the two highest ESG score sector-related ETFs ! Now, let's take a look at the board~You may find something to diversify your porfolio
* Follow me to know what is hot on the market
Sectors Updates:
*Tech
Technology stocks were mostly higher in late trade, with the $科技行業精選指數ETF-SPDR(XLK.US)$ Thursday rising 1% and the $費城半導體指數(.SOX.US)$ was flat, reversing a midday slide.
In company news, $The Glimpse(VRAR.US)$ fell 8%, giving back a small mid-morning gain, after the virtual and augmented reality company announced its planned purchase of marketing agency Sector 5 Digital for $8 million upfront and up to $19 million more over the next three years.
To the upside, $Snowflake(SNOW.US)$ rose more than 15% after the data platform company late Wednesday reported a strong reports. Revenue more than doubled compared with year-ago levels, rising 109% to $334.4 million and also beating the $306.1 million Street view.
$Okta(OKTA.US)$ added almost 13% on Thursday after the cloud-identity company overnight reported above-consensus Q3 results and also narrowed its projected FY22 net loss and raised its revenue forecast for 12 months ending Jan. 31.
*FIN
Financial stocks were ending near the peak of their Thursday advance, with the $SPDR金融行業ETF(XLF.US)$ was gaining 3%.
Bitcoin was 0.3% lower at $57,116 while the yield for 10-year US Treasuries was 1.4 basis points higher at 1.448%.
In company news, $Coastal Financial(CCB.US)$ rose 4.8% after Thursday announcing a new partnership with financial technology platform LendingPoint in a deal it anticipates will reduce the bank's risk and costs of lending and expand its geographic footprint. Financial terms were not disclosed.
*Real Estates
The Philadelphia Housing Index was climbing 4.3% and the $The Real Estate Select Sector SPDR Fund(XLRE.US)$ was up 2.7%.
$Brixmor Property Group(BRX.US)$ rose 6% after Truist Securities raised its price target for the real estate investment trust by $3 to $26 a share and reiterating its hold rating for the stock.
$Medallion Financial(MFIN.US)$ was 11.6% higher after the specialty lender said it closed on the sale of its Richard Petty Motorsports NASCAR race team to Warp Speed for $19.1 million. The company said the deal removes $26 million of intangible assets from its balance sheet and increases its tangible book value by over $1 per share.
*Health Care
Health care stocks were ending off Thursday's pace, with the NYSE Health Care Index rising 0.5% this afternoon while the $醫療保健精選行業指數ETF-SPDR(XLV.US)$ also was up 0.5%.
$Biofrontera(BFRI.US)$ soared 21% after the biopharmaceuticals company said it received a US patent for its pain-reducing illumination protocol combining its Ameluz medication with RhodoLED lamp.
$奧麥羅製藥(OMER.US)$ climbed 7.3% after the biopharmaceuticals company said it was selling its OMIDRIA franchise to Rayner Surgical Group in a deal valued at more than $1 billion.
*Consumer
Consumer stocks were adding to prior gains late in Thursday trading, with the $日常消費品精選行業指數ETF-SPDR(XLP.US)$ climbing 1% while the $非必需消費類ETF-SPDR(XLY.US)$ was rising 1.5%.
In company news, $Duluth Holdings(DLTH.US)$ sped 18% higher after the clothier reported net income of $0.09 per share for its Q3 ended Oct. 31, triple its $0.03 per share profit last year and topping the single-analyst call expecting a GAAP loss of $0.30 per share. Net sales increased and the company also raised its FY21 earnings forecast.
$克羅格(KR.US)$ rose over 11% after the grocery chain beat Wall Street estimates with its fiscal Q3 results and raised its FY22 earnings forecast.
*Energy
Energy stocks were racing higher this afternoon, with the NYSE Energy Sector Index climbing 3.2% while the $能源指數ETF-SPDR(XLE.US)$ was up 3%. The $PHLX石油服務類股指數(.OSX.US)$ also was posting a 3.4% gain and the $道琼斯美国公用事业指数(.DJUSUT.US)$ was ahead 1.2%.
Front-month West Texas Intermediate crude oil settled $0.93 higher at $66.50 per barrel, reversing a morning decline, while the global benchmark Brent crude contract was advancing $1.49 to $70.36 per barrel.
Source: MT Newswires
Intra-day resistance at $10.50. if Price action can break that we could see 5-10% profit today. Price target on break of 10.50 is 11+
This is just my opinion based on my analysis and experience. this is for informational purposes only.
I had a small loss on $BioNano Genomics(BNGO.US)$ because I didn’t listen to my own advice and jumped the gun buying in. I entered at $1.23 instead of $1.35 and took a small loss with a Stop Loss (SL) triggered stress $1.18. Lesson here is once you have a plan, stick to it!
I have 3 call options for
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