Duluth Holdings Inc. on Thursday reported third-quarter net sales of $67 million, up 21.2 percent when compared to the same quarter last year.
The Belleville-based outdoor clothing company said its latest net sales figure marked its 27th consecutive quarter of positive net sales.
The company reported a third-quarter profit of $462,000, which is down from $1.5 million when compared to the same quarter last year.
Analysts had expected Duluth Holding’s third-quarter revenues to hit $69 million. Company executives said extended periods of warmer weather across the country in late September may have impacted its sales.
During its third quarter, which ended Oct. 30, Duluth Holdings, which operates the Duluth Trading Co., opened three new retail stores, two in the Chicago area and one in King of Prussia, Pennsylvania.
The company now operates 12 retail stores and two outlet stores around the country.
On Wednesday, the company announced plans to build a new five-story, $20 million headquarters in downtown Mount Horeb. The project could bring between 100 and 150 additional jobs to the village’s downtown when it opens in 2018.
Duluth’s warehouse, distribution center and call center would remain in Belleville, where the company completed a 75,000-square-foot addition earlier this year.