Results for: Net sales

Duluth Trading Company announced its financial results for the second quarter ended July 28, 2024, showcasing a return to top-line growth and an expanded gross margin. The company attributed this positive performance to its product development and sourcing initiatives, which have yielded results in areas like traffic, transactions, and shopper conversion. Duluth Trading also highlighted successful product launches and an upcoming fulfillment center network optimization that will further enhance operational efficiency and profitability.

Embracer Group, the Swedish gaming conglomerate, saw a decline in net sales for the first quarter of its 2024 fiscal year, largely due to a decrease in PC and console gaming revenue. However, the company reported improved profitability in tabletop and mobile gaming segments. Embracer also revealed plans to split into three publicly listed entities, with the first spinoff expected by the end of the year.