Why Duluth Holdings' Quarter Was Better Than It Appeared

Duluth Holdings (NASDAQ: DLTH) third-quarter earnings report was -- on the surface -- a mixed bag, featuring eye-popping retail sales growth along with bottom-line earnings that came in below expectations, causing shares to tumble.

However, the company had already signaled that short-term earnings would be muted as it invests rapidly to build out its store base. The market is missing the forest for the trees by overreacting to a single quarter.

Image source: Duluth Holdings.

Source: Fool.com