Welcome to our dedicated page for Duluth Holdings news (Ticker: DLTH), a resource for investors and traders seeking the latest updates and insights on Duluth Holdings stock.
Duluth Holdings Inc. does business as Duluth Trading Company, a lifestyle brand selling men’s and women’s casual wear, workwear and accessories through its website, catalogs and retail stores. Company news commonly centers on quarterly and annual financial results, gross margin trends, promotional activity, inventory discipline, SG&A leverage and cash-flow measures used by management.
Updates also cover Duluth Trading’s omnichannel retail footprint, including new store openings, and its focus on durable, solution-based apparel and gear for hands-on customers. Product and operating commentary often references assortment priorities, direct-to-factory sourcing, tariff effects and efforts to strengthen the customer base around the brand’s core apparel categories.
Duluth Trading Company (NASDAQ: DLTH) announced that its CEO Sam Sato and CFO Dave Loretta will participate in the Stifel 2022 Cross Sector Insight Conference on June 8, 2022, at 8:35 AM ET. The event will include a fireside chat and a live audio webcast available on the company's investor website. Duluth Trading specializes in casual wear and workwear for men and women, highlighting quality and customer engagement, supported by their unique marketing strategies and customer service promises.
Duluth Trading Company (NASDAQ: DLTH) reported a net sales decrease of 7.9% in Q1 2022, totaling $122.9 million compared to $133.4 million last year. Despite this decline, the gross margin improved by 470 basis points to 54.6%. The company recorded a net loss of $1.3 million or $0.04 per diluted share, down from a profit of $0.5 million. Adjusted EBITDA was $7.9 million, representing 6.4% of net sales. Duluth reaffirmed its fiscal 2022 outlook, projecting net sales between $730 million and $755 million.
Duluth Holdings Inc. (NASDAQ: DLTH) announced it will report its first quarter 2022 financial results on June 2, 2022, before market opening. A conference call will take place on the same day at 9:30 AM ET for analysts and investors to discuss the results. Interested participants can join the call via a domestic or international number, with replay options available until June 9, 2022. Duluth Trading is known for its lifestyle brand focused on high-quality casual and workwear for self-reliant individuals.
Duluth Trading Company (NASDAQ: DLTH) reported a 9.4% increase in net sales for the fiscal year 2021, reaching $698.6 million, with a diluted EPS of $0.90, up 117% from 2020. The fourth quarter saw a 5.8% increase in net sales to $270.8 million and a diluted EPS of $0.53. Gross margin improved to 54.0% for the year. However, operating income dropped by 20.6% in Q4. Duluth Trading anticipates net sales between $730 million and $755 million for FY2022, with a projected diluted EPS of $0.93 to $1.02.
Duluth Holdings Inc. (DLTH) has announced it will release its fourth quarter 2021 financial results before the market opens on March 10, 2022. A conference call is scheduled for the same day at 9:30 am ET, providing a platform for analysts and investors to discuss the results. The call can be accessed via a domestic line at 844-875-6915 or internationally at 412-317-6711, with a replay available until March 17, 2022. Duluth Trading focuses on quality lifestyle and workwear products, appealing to active consumers through engaging marketing and a commitment to customer service.
Duluth Trading Company announced a 6.4% increase in net sales for the 2021 Holiday Period, totaling $224.3 million compared to $210.9 million in 2020. Retail sales surged by 37.8% to $79.0 million, though direct sales fell by 5.4% to $145.3 million. The company reaffirmed its fiscal 2021 outlook, projecting net sales between $700 million and $715 million and adjusted EBITDA of $73 million to $75 million.
Duluth Holdings Inc. (NASDAQ: DLTH) announces participation in the 2022 ICR Conference. Sam Sato (CEO), Dave Loretta (CFO), and Ricker Schlecht (SVP) will present on January 11, 2022, at 8:30 A.M. ET. A live audio webcast will be available on the company’s investor website, with a replay offered post-event. Duluth Trading is known for its casual and workwear for men and women, emphasizing quality and customer service through its unique marketing approach.
Duluth Trading Company (NASDAQ: DLTH) reported a net sales increase of 7.2% to $145.3 million in Q3 2021 compared to Q3 2020, and 21.3% compared to Q3 2019. Gross margin reached 57.6%, improving by 520 basis points. The company raised its full-year EPS outlook to $0.81 to $0.86. Operating income rose to $4.9 million, up from $2.9 million last year, while net income increased to $2.8 million, or $0.09 per diluted share. Direct-to-consumer sales dipped 1.4%, but retail store sales surged 22.3%.
Duluth Holdings Inc. (DLTH) announced that it will report its third quarter 2021 financial results before market on Thursday, December 2, 2021. A conference call for analysts and investors is scheduled for the same day at 9:30 AM Eastern Time, where the company will discuss the results and answer questions.
Investors can join the live call by calling 844-875-6915 (domestic) or 412-317-6711 (international). Replay access for the call will be available until December 9, 2021.
Duluth Holdings Inc. (NASDAQ: DLTH) has officially opened its 66th store in Cherry Hill, New Jersey, marking its second location in the Philadelphia metro area. The grand opening comes just in time for the holiday shopping season, with the new store designed to enhance customer shopping experiences through in-store, curbside, and online options. CEO Sam Sato expressed enthusiasm for the opening, emphasizing a refreshed floor plan and a commitment to outstanding customer service. Duluth Trading continues to cater to a hands-on lifestyle with its quality casual and workwear products.