Welcome to our dedicated page for DULUTH HOLDINGS SEC filings (Ticker: DLTH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Duluth Holdings Inc. filings document the public-company disclosures of an apparel retailer operating as Duluth Trading Company. Recent Form 8-K reports furnish quarterly and annual earnings releases, investor presentations and Regulation FD materials covering sales, margin, adjusted earnings measures, liquidity and forward-looking operating expectations.
The company’s SEC record also includes proxy materials for shareholder voting, board governance and executive compensation matters, as well as current reports on employment and compensation arrangements, officer changes and material credit-agreement amendments. Its disclosures identify Class B common stock registered under the symbol DLTH on the NASDAQ Global Select Market.
Duluth Holdings Inc. (DLTH) reported lower sales but sharply higher profitability for the quarter ended August 2, 2026. Net sales fell 7.8% year over year to $121.4 million, driven mainly by weaker direct-to-consumer web traffic and conversion as promotions were reduced, partly offset by higher average order values.
Profitability rebounded strongly, helped by sizable tariff recoveries. Gross profit rose to $88.4 million, lifting gross margin to 72.8%, primarily from $16.0 million of cost-of-goods-sold reductions tied to tariff refunds under IEEPA, plus related interest income. Net income jumped to $18.4 million from $1.3 million a year earlier, and six‑month results swung to a $8.4 million profit from a $14.0 million loss. Adjusted EBITDA for the quarter increased to $27.0 million, also benefiting from $16.3 million of tariff refunds. Operating cash flow improved to $15.5 million for the first six months versus a $24.4 million use of cash last year, boosting cash to $26.8 million with no borrowings on the company’s revolving credit facility.
Duluth Holdings Inc. (DLTH) reported fiscal second-quarter 2026 results showing a sharp profitability improvement despite lower sales. Net sales were $121.4 million versus $131.7 million a year earlier, but net income rose to $18.4 million from $1.3 million, including $16.3 million in tariff refunds.
Gross margin expanded to 72.8% from 54.7%, or 59.6% excluding tariff refunds, driven by higher average unit prices and better product costs. Adjusted EBITDA increased to $27.0 million from $12.0 million, and inventory declined 15.5%. The company ended the quarter with $26.8 million in cash, approximately $96 million of net liquidity and no borrowings on its Asset Based Lending facility.
For fiscal 2026, Duluth Holdings affirmed its net sales outlook of $540–$560 million and raised its Adjusted EBITDA guidance to $38–$42 million from $28–$32 million, while maintaining planned capital expenditures of about $12 million.
Askeladden Capital Management LLC and Samir Patel report beneficial ownership of 1,698,483 shares of Duluth Holdings Inc. Class B common stock. This represents 4.9% of the class, based on 34,637,871 shares outstanding as of June 8, 2026. The shares are held in separately managed accounts for Askeladden’s investment advisory clients, for which Askeladden and Mr. Patel have shared voting and dispositive power and no sole power. Both reporting persons file jointly and expressly state that the filing should not be construed as an admission of beneficial ownership or of being part of a group under Section 13(d) or 13(g). The position is reported as ownership of 5 percent or less of the class.
Askeladden Capital Management LLC and Samir Patel report their holdings of Duluth Holdings Inc. Class B Common Stock on an amended Schedule 13G, stating aggregate beneficial ownership of 1,698,483 shares, representing 4.9% of the Class B Common Stock outstanding. The percentage is based on 34,637,871 shares outstanding as of June 8, 2026, as reported by Duluth Holdings Inc. Askeladden’s separately managed accounts are the record and direct beneficial owners of these securities, with Askeladden and Mr. Patel each reporting 0 sole voting and dispositive power and 1,698,483 shares of shared voting and shared dispositive power.
Both reporting persons state that this filing does not constitute an admission of beneficial ownership for any purpose and include disclaimers about being considered a member of a group under Section 13(d) or 13(g).
Williams Scott K reported acquisition or exercise transactions in this Form 4 filing.
Duluth Holdings Inc. director Scott K. Williams received an award of 4,434 shares of Class B Common Stock. The stock was granted under the company’s 2024 Equity Incentive Plan in lieu of his quarterly cash retainer for board service. After this award, he directly holds 169,376 shares of Class B Common Stock.
Kennedy Janet H reported acquisition or exercise transactions in this Form 4 filing.
Duluth Holdings Inc. director Janet H. Kennedy received an award of 3,695 shares of Class B Common Stock on August 2, 2026, under the 2024 Equity Incentive Plan in lieu of a quarterly cash retainer for board service. Following this grant, she directly holds 143,226 Class B shares.
DULUTH HOLDINGS INC. executive Garth N. Weber, SVP of Brand and Marketing, reported a tax-related share disposition. On July 25, 2026, 422 shares of Class B Common Stock at $4.20 per share were used to satisfy tax withholding obligations upon vesting of restricted stock. After this transaction, he directly holds 169,962 Class B shares.
Duluth Holdings posted first-quarter net sales of $98.6 million, down 4.0% from a year earlier, as weaker direct-to-consumer web traffic and lower promotions outweighed higher average order values. Store sales grew modestly, helped by better shopper conversion and larger baskets.
The company reported a net loss of $10.0 million, improved from a $15.3 million loss, with net loss per share narrowing to $(0.29) from $(0.45). Gross margin expanded to 57.4%, driven by fewer promotions and improved product costs. Adjusted EBITDA turned positive at $2.6 million versus negative $3.8 million a year ago.
Free cash remains tight: cash and cash equivalents fell to $6.1 million and operating activities used $13.4 million, though this was far better than the prior-year use of $56.5 million. The company booked a $2.7 million impairment and $1.4 million in restructuring costs tied to closing its Salt Lake City fulfillment center. Under its $100 million revolving credit facility, Duluth had $6.0 million drawn and $0.7 million in letters of credit outstanding, leaving $93.3 million available.
Duluth Holdings Inc. reported the results of its annual shareholder meeting held on June 3, 2026. Shareholders elected eight directors, with Class A shares casting 33,642,000 votes for each nominee and no withhold votes. Class B support for nominees ranged from 21,325,684 to 23,236,107 votes for, with relatively small withhold totals and broker non-votes recorded.
Shareholders also held an advisory vote on executive compensation. Class A shares cast 33,642,000 votes for the pay program and none against, while Class B shares cast 22,646,088 votes for, 829,732 against, and 29,028 abstentions, with 6,089,200 broker non-votes. The appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending January 31, 2027 received 33,642,000 Class A votes for and, for Class B shares, 29,562,705 votes for, 26,205 against, and 5,138 abstentions.
Duluth Holdings Inc. used an Investor & Analyst Day to outline its turnaround progress and new multi-year plan. For fiscal 2025, the company generated net sales of $565 million, a gross margin of 53.4% and Adjusted EBITDA of $24.9 million, with free cash flow swinging to a positive $16.6 million from a prior-year deficit.
Management highlighted inventory reductions of 21% year over year, higher full-price selling and store comps, and a shift toward core, problem-solution products. In Q1 2026, revenue was $98 million, gross margin improved to 57.4%, and Adjusted EBITDA turned positive at $2.6 million with sharply better cash flow.
The company’s 2025–2028 targets call for net sales growing 1–3% annually, gross margin expansion of 200–300 basis points, SG&A leverage of 200–300 basis points, and capital spending held near 2–3% of sales. By 2028, Duluth aims for an Adjusted EBITDA margin of 8–10% (about $50–$60 million) and free cash flow of roughly $30–$40 million, funded without new equity.