Recent Updates — DLTH
Duluth Holdings Inc. reported fiscal second quarter results ending August 2, 2026, with net income of $18.4 million compared to $1.3 million in the prior year period. This improvement was largely driven by $16.3 million in tariff refunds, which contributed $0.44 per share to earnings. Net sales decreased 7.8% to $121.4 million as direct-to-consumer and retail store sales declined due to reduced promotional activity and lower traffic, though gross margin expanded significantly to 72.8%. Adjusted EBITDA rose to $27.0 million from $12.0 million. The company raised its full-year fiscal 2026 adjusted EBITDA guidance to a range of $38 million to $42 million, up from the previous $28 million to $32 million estimate, while maintaining net sales guidance of $540 million to $560 million. Duluth Holdings Inc. operates as a lifestyle brand selling workwear, casual wear, and outdoor apparel through retail stores and e-commerce channels.
Duluth Holdings Inc. reported the results of its annual meeting of shareholders held on June 3, 2026. Shareholders elected eight directors, approved executive compensation in an advisory vote, and ratified the appointment of KPMG LLP as the independent auditor for the fiscal year ending January 31, 2027.
Duluth Holdings Inc. announced an Investor & Analyst Event held at the Nasdaq MarketSite in New York and via webcast on June 8, 2026. The company is furnishing a copy of the presentation used during the event as Exhibit 99.1.
Duluth Holdings Inc. issued a press release on June 8, 2026, discussing its financial results for its fiscal first quarter ended May 3, 2026. The filing is a standard earnings release announcement.