Company research
DULUTH HOLDINGS INC.
CIK 1649744Updated Sep 24, 2026
SecurityDLTH · NASDAQ · equity
DLTH price & chart
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NASDAQ:DLTH on TradingView ↗About the company
Duluth Trading is a lifestyle brand for the Modern, Self-Reliant American. Based in Mount Horeb, Wisconsin, we offer high quality, solution-based workwear, casual wear, outdoor apparel and accessories for men and women who lead a hands-on lifestyle and who value a job well-done. We provide our customers an engaging and entertaining experience. Our marketing incorporates humor and storytelling that conveys the uniqueness of our products in a distinctive, fun way, and are available through our content-rich website, catalogs, and “store like no other” retail locations. We are committed to outstanding customer service backed by our “No Bull Guarantee” - if it’s not right, we’ll fix it. Visit our website at http://www.duluthtrading.com.
In the news
Duluth Holdings Inc. Maps Path to Double EBITDA by 2028 Through New "Build to Last" Strategy ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
4 filing
10-Q filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
4 filing
4 filing
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 402,609,000Source | 491,210,000Source | 527,454,000Source | 515,550,000Source |
| Property, Plant and Equipment, NetUSD | 96,913,000Source | 132,718,000Source | 116,527,000Source | 110,078,000Source |
| GoodwillUSD | — | 402,000Source | 402,000Source | 402,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 397,000Source | 436,000Source | 450,000Source | 246,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 16,345,000Source | 32,157,000Source | 45,548,000Source | 77,051,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,710,000Source | 5,955,000Source | 6,041,000Source | 5,455,000Source |
| Inventory, NetUSD | 131,342,000Source | 125,757,000Source | 154,922,000Source | 122,672,000Source |
| Assets, CurrentUSD | 172,051,000Source | 180,974,000Source | 221,665,000Source | 222,521,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 21,654,000Source | 16,488,000Source | 15,154,000Source | 17,333,000Source |
| Operating Lease, Right-of-Use AssetUSD | 89,283,000Source | 121,430,000Source | 131,753,000Source | 120,911,000Source |
| Other Assets, NoncurrentUSD | 10,022,000Source | 9,020,000Source | 8,727,000Source | 5,353,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 236,494,000Source | 271,460,000Source | 300,257,000Source | 292,832,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | — | — | — |
| Additional Paid in CapitalUSD | 110,794,000Source | 103,579,000Source | 98,842,000Source | 95,515,000Source |
| Retained Earnings (Accumulated Deficit)USD | 61,332,000Source | 121,392,000Source | 133,172,000Source | 130,868,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -231,000Source | -427,000Source | -148,000Source | 489,000Source |
| Stockholders' Equity Attributable to ParentUSD | 168,973,000Source | 222,806,000Source | 230,407,000Source | 225,870,000Source |
| Liabilities and EquityUSD | 402,609,000Source | 491,210,000Source | 527,454,000Source | 515,550,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 108,247,000Source | 105,630,000Source | 118,304,000Source | 115,996,000Source |
| Operating Lease, Liability, CurrentUSD | 16,449,000Source | 16,401,000Source | 15,571,000Source | 12,882,000Source |
| Operating Lease, Liability, NoncurrentUSD | 76,008,000Source | 106,413,000Source | 117,366,000Source | 107,094,000Source |
| Deferred Income Tax Liabilities, NetUSD | 962,000Source | — | 1,249,000Source | 2,867,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -2,858,000Source | -3,056,000Source | -3,210,000Source | -3,152,000Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 9,192,000Source | 9,579,000Source | 10,249,000Source | 10,791,000Source |
| Deferred Tax Liabilities, NetUSD | 962,000Source | — | 1,249,000Source | 2,867,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -16,249,000Source | -9,940,000Source | 2,246,000Source | 29,550,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,506,000Source | 4,195,000Source | 2,711,000Source | 2,198,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,260,000Source | -86,000Source | 586,000Source | 3,185,000Source |
| Increase (Decrease) in InventoriesUSD | -35,203,000Source | -29,165,000Source | 32,250,000Source | -26,380,000Source |
| Deferred Income Tax Expense (Benefit)USD | 962,000Source | -2,335,000Source | -1,403,000Source | -5,483,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 24,172,000Source | 38,673,000Source | -1,396,000Source | 91,981,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -7,380,000Source | -48,718,000Source | -26,873,000Source | -10,150,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 7,600,000Source | 49,086,000Source | 27,065,000Source | 10,352,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 590,000Source | 279,000Source | 457,000Source | 374,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -3,782,000Source | -3,346,000Source | -3,234,000Source | -51,364,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 279,000Source | 542,000Source | 616,000Source | 442,000Source |
| Repayments of Long-term DebtUSD | 930,000Source | 767,000Source | 692,000Source | 623,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 16,345,000Source | 32,157,000Source | 45,548,000Source | 77,051,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 5,202,000Source | 4,156,000Source | 3,653,000Source | 3,747,000Source |
| Income Taxes Paid, NetUSD | 170,000Source | 2,026,000Source | 7,223,000Source | 16,161,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 200,000Source | 200,000Source | 200,000Source |
| DepreciationUSD | 21,900,000Source | 28,000,000Source | 26,700,000Source | 25,100,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -170,000Source | -130,000Source | -1,392,000Source | -398,000Source |
| GoodwillUSD | — | 402,000Source | 402,000Source | 402,000Source |
| Income Tax Expense (Benefit)USD | 1,185,000Source | -2,862,000Source | 708,000Source | 9,887,000Source |
| Net Income (Loss) Attributable to ParentUSD | -16,388,000Source | -9,923,000Source | 2,304,000Source | 29,702,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 139,000Source | -17,000Source | -58,000Source | -152,000Source |
| Other Nonoperating Income (Expense)USD | 295,000Source | 923,000Source | 376,000Source | 55,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 565,184,000Source | 646,681,000Source | 653,307,000Source | 698,584,000Source |
| Cost of RevenueUSD | 263,570,000Source | 321,710,000Source | 309,872,000Source | 321,260,000Source |
| Selling, General and Administrative ExpenseUSD | 310,546,000Source | 334,540,000Source | 337,204,000Source | 333,225,000Source |
| Operating Income (Loss)USD | -10,157,000Source | -9,569,000Source | 6,231,000Source | 44,099,000Source |
| Other Nonoperating Income (Expense)USD | 295,000Source | 923,000Source | 376,000Source | 55,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -15,203,000Source | -12,802,000Source | 2,954,000Source | 39,437,000Source |
| Income Tax Expense (Benefit)USD | 1,185,000Source | -2,862,000Source | 708,000Source | 9,887,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 139,000Source | -17,000Source | -58,000Source | -152,000Source |
| Net Income (Loss) Attributable to ParentUSD | -16,388,000Source | -9,923,000Source | 2,304,000Source | 29,702,000Source |
| Earnings Per Share, BasicUSD per share | -0.47Source | -0.3Source | 0.07Source | 0.91Source |
| Earnings Per Share, DilutedUSD per share | -0.47Source | -0.3Source | 0.07Source | 0.9Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 34,619,000Source | 32,955,000Source | 32,772,000Source | 32,618,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 34,619,000Source | 32,955,000Source | 32,991,000Source | 32,851,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 200,000Source | 200,000Source | 200,000Source |
| Current Income Tax Expense (Benefit)USD | 259,000Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 25,471,000Source | 32,159,000Source | 30,810,000Source | 29,225,000Source |
| Gross ProfitUSD | 301,614,000Source | 324,971,000Source | 343,435,000Source | 377,324,000Source |
| Interest ExpenseUSD | 5,202,000Source | 4,156,000Source | 3,653,000Source | 4,717,000Source |
Filing attachments
dlth-ex99_1.htm · 8-K · 2026-09-03
EX-99.1 2 dlth-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Duluth Holdings Inc. Announces Second Quarter 2026 Financial Results Net Income improvement over prior year driven by gross margin expansion Continued improvement in working capital driven by a 15.5% reduction in inventory Strong balance sheet with approximately $96 million of net liquidity and zero debt on the Asset Based Lending facility MOUNT HOREB, WI - September 3, 2026 - Duluth Holdings Inc. (dba, Duluth Trading Company) (“Du…
Read attachment ↗dlth-ex99_2.htm · 8-K · 2026-09-03
EX-99.2 3 dlth-ex99_2.htm EX-99.2 Investor Presentation Second Quarter 2026 September 3, 2026 DISCLAIMER FORWARD-LOOKING STATEMENTS This investor presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this investor presentation, including statements concerning Duluth Trading’s plans, objectives, goals, beliefs, business strategies, future events, busi…
Read attachment ↗d105234dex991.htm · 8-K · 2026-06-08
EX-99.1 2 d105234dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 N A S D A Q · D L T H · I N V E S T O R & A N A L Y S T D A Y G R O W I N G F R O M T H E C O R E I NV E S T OR & A NA L Y S T E V E NT MONDAY · JUNE 8, 2026 S A F E H A R B O R S T A T E M E N T FORWARD-LOOKING STATEMENTS FORWARD-LOOKING STATEMENTS NON-GAAP FINANCIAL MEASURES This presentation contains forward-looking statements within the meaning of This presentation references Adjusted EBITDA and Free Cash Flow, which the Private …
Read attachment ↗dlth-ex99_1.htm · 8-K · 2026-06-08
EX-99.1 2 dlth-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Duluth Holdings Inc. Announces First Quarter 2026 Financial Results Net Income improves by $5.2M and Adjusted EBITDA rises by $6.4M over prior year Gross Margin reaches 57.4%, an expansion of 540 basis points versus prior year Strong balance sheet with approximately $100 million of net liquidity and inventory down 24.8% versus prior year MOUNT HOREB, WI - June 8, 2026 - Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Tr…
Read attachment ↗d106269dex991.htm · 8-K · 2026-03-19
EX-99.1 2 d106269dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2025 Financial Results Fourth quarter 2025 Net Income of $7.8 million improves by $13.4 million versus prior year Fourth quarter 2025 Gross Margin of 53.0% increases by 890 basis points versus prior year Year-end inventory down 21.1% and full year positive Free Cash Flow of $16.6 million MOUNT HOREB, WI - March 19, 2026 - Duluth Holdings Inc. (dba, Duluth Trading Company) (…
Read attachment ↗d106269dex992.htm · 8-K · 2026-03-19
EX-99.2 3 d106269dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Investor Presentation Fourth Quarter 2025 March 19, 2026 Disclaimer Forward-Looking Statements This investor presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this press release, including statements concerning Duluth Trading’s plans, objectives, goals, beliefs, business strategies, future…
Read attachment ↗