Duluth Hlds

Duluth Holdings, Inc. engages in the provision of lifestyle brand of men and women casual wear, work wear, and accessories. Its products assortment includes shirts, pants, underwear, outerwear, footwear, accessories, and hard goods. It features proprietary designs and distinct names, such as Longtail T shirts, Buck NakedTM underwear, Fire Hose work pants, and No-YankTank. The company was founded by Stephen L. Schlecht in 1989 and is headquartered in Mount Horeb. WI.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Duluth Holdings Inc. reports strong Q1 performance and targets younger demographic for future growth

Duluth Holdings Inc. delivered strong Q1 results, with a focus on digital marketing efficiency, product innovation, and expansion within the workwear space. The company confirmed its guidance for fiscal year 2023, targeting full year net sales of $645 million to $660 million. Efforts to target a younger consumer demographic and rationalize promotional activity are key strategies for future growth.

Duluth Holdings Q2 net sales dip, but eyes growth opportunities

Duluth Holdings is navigating challenges from consumer price sensitivity and pricing pressures, but is strategically investing in women's and men's businesses for growth. The company's focus on technology, supply chain, and product innovation, along with the new highly automated fulfillment center, positions it for long-term success.

Duluth Trading reports Q3 net sales decline and explores new opportunities

Duluth Trading faced a decline in net sales and a net loss in Q3. However, notable merchandising wins and strategic initiatives, such as the new fulfillment center in Georgia and testing a relationship with Costco, provide potential for growth. The company is addressing challenges in the consumer environment and inventory management.

Duluth Holdings (DLTH) reports solid Q4 earnings amidst promotional challenges

Duluth Holdings (DLTH) navigated challenges in a promotional environment to report solid financial performance in Q4 2022 and full-year 2022, with a focus on profitable growth and customer experience for 2023.
Strategic investments in infrastructure, like the Adairsville facility, and marketing efficiency present opportunities for long-term success and margin improvement.
Maintaining operational efficiency and flexibility in the business model are strengths that help Duluth Holdings (DLTH) overcome challenges and capitalize on growth opportunities.
With a clear focus on innovation, marketing, and customer retention, Duluth Holdings (DLTH) is poised for strategic growth and market expansion in the coming years.

Duluth Trading reports Q1 growth, eyes acquisitions for expansion

Duluth Trading's Q1 performance showed growth in net sales and positive EBITDA, driven by strong demand for key brands.
Efficient marketing strategies and focus on product innovation position the company for continued growth and customer base expansion.
Challenges in retail footfall and promotional strategies require ongoing attention, while opportunities in acquisitions and new channels offer avenues for growth.
Strategic initiatives like wholesale distribution testing and leveraging fulfillment centers indicate a commitment to driving future growth.

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Duluth Trading's Q2 results were well received by the market with a nearly 20% jump in the share price. Fundamentally, there are still some macro and potential market share headwinds, but there are a number of positives like growing DTC sales and structurally improved margins, which should grow further. Today's valuation largely values Duluth as a declining business, so just the slightest bit of proof to the market that Duluth is competitive and can grow, there's hugely material upside.

Duluth Trading: Making Positive Moves

Duluth's 2Q24 results were in line, with a 1.8% YoY sales growth, but ongoing issues with inventory and assortment management persist. Despite positive sales growth, the stock remains a hold due to unchanged fundamentals and potential challenges in 3Q24, including high inventory clearance and seasonal cash requirements. SG&A showed some improvement excluding non-recurring expenses, but overall operational leverage remains a concern.

Duluth Holdings' Q2 2024 Enticed Market, But Operations Are Not Improving - Still A Hold

Duluth Holdings Inc. (NASDAQ:DLTH ) Q2 2024 Earnings Conference Call August 29, 2024 9:30 AM ET Company Participants Nitza McKee - Investor Relations Sam Sato - President & Chief Executive Officer Heena Agrawal - Senior Vice President & Chief Financial Officer Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Dylan Carden - William Blair Operator Good morning, and welcome to the Duluth Holdings Inc. Second Quarter 2024 Conference Call. [Operator Instructions].

Duluth Holdings Inc. (DLTH) Q2 2024 Earnings Call Transcript

Duluth Holdings (DLTH) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.06 per share a year ago.

Duluth Holdings (DLTH) Reports Q2 Loss, Tops Revenue Estimates

Year-over-year net sales growth of 1.8% to $141.6 million Benefiting from our product and sourcing initiatives, gross margin expands 90 basis points to 52.3% Strong financial position with no debt and approximately $210 million of liquidity Reaffirmed Fiscal 2024 outlook excluding restructuring expense and sales tax expense accrual MOUNT HOREB, Wis., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal second quarter ended July 28, 2024.

Duluth Holdings Inc. Announces Second Quarter 2024 Financial Results

MOUNT HOREB, Wis., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men's and women's casual wear, workwear and accessories, today announced that it will report second quarter 2024 financial results before market on Thursday, August 29, 2024.

Duluth Holdings Inc. to Report Second Quarter 2024 Financial Results on August 29

Duluth Trading experienced further sales declines in Q1, with both DTC and Retail continuing to post negative year-over-year results. Sales continued to be pressured by what I believe is a confluence of both macro pressures and share losses, both of which I contextualize as more temporal. Margins are trending in the right direction, which, coupled with the sales growth opportunities, creates an interesting future for Duluth if they can execute on those.

Duluth Holdings: Continued Share Loss

Duluth Holdings Inc. (NASDAQ:DLTH ) Q1 2024 Earnings Conference Call May 30, 2024 9:30 AM ET Company Participants Nitza McKee - Senior Associate Sam Sato - President & Chief Executive Officer Heena Agrawal - Senior Vice President & Chief Financial Officer Conference Call Participants Operator Good morning, everyone and welcome to the Duluth Holdings Incorporated First Quarter 2024 Conference Call. [Operator Instructions] Also note today's event is being recorded.

Duluth Holdings Inc. (DLTH) Q1 2024 Earnings Call Transcript

Duluth Holdings (DLTH) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.12 per share a year ago.

Duluth Holdings (DLTH) Reports Q1 Loss, Misses Revenue Estimates

Net sales of $116.7 million Inventory composition is healthy with 93% in current products Strong financial condition with $196 million of liquidity Updated Fiscal 2024 outlook for Net Sales, EPS and Adjusted EBITDA MOUNT HOREB, Wis., May 30, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal first quarter ended April 28, 2024.

Duluth Holdings Inc. Announces First Quarter 2024 Financial Results

MOUNT HOREB, Wis., May 16, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men's and women's casual wear, workwear and accessories, today announced that it will report first quarter 2024 financial results before market on Thursday, May 30, 2024.

Duluth Holdings Inc. to Report First Quarter 2024 Financial Results on May 30

Duluth Holdings has seen a decline in share price over the past few years driven by worsening fundamental performance and internal initiatives temporarily pressuring cash flow. Presently, Duluth's sales and margin are still being negatively affected by macro pressures, but this will eventually subside, ultimately leading to a natural fundamental improvement. Looking forward, the company continues to introduce new products, expanding their women's line, and improving data and analytics capabilities, all of which I expect to drive increased cash flow.

Duluth Holdings: A Lot Of Untapped Potential

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Duluth Holdings (DLTH) Right Now?

Duluth Holdings (DLTH) could produce exceptional returns because of its solid growth attributes.

Looking for a Growth Stock? 3 Reasons Why Duluth Holdings (DLTH) is a Solid Choice

Duluth Holdings Inc. (NASDAQ:DLTH ) Q4 2023 Results Conference Call March 7, 2024 9:30 AM ET Company Participants Nitza McKee - Senior Associate Sam Sato - President, CEO & Director Heena Agrawal - SVP & Chief Financial Officer Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Dylan Carden - William Blair Operator Good morning, and welcome to the Duluth Holdings Inc Fourth Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

Duluth Holdings Inc. (DLTH) Q4 2023 Earnings Call Transcript

Fourth quarter Net Sales increased 1.6% year-over-year to $245.6 million; diluted EPS of $0.21 Women's business grew double digits in the fourth quarter across both Duluth and AKHG brands Strong financial position with $232.2 million of liquidity MOUNT HOREB, Wis., March 07, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal fourth quarter and fiscal year ended January 28, 2024.

Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

MOUNT HOREB, Wis., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men's and women's casual wear, workwear and accessories, today announced that it will report fourth quarter 2023 financial results before market on Thursday, March 7, 2024.

Duluth Holdings Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 7

MOUNT HOREB, Wis., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced that it made an inducement grant to Ms. Heena Agrawal in connection with her employment as the Company's new Senior Vice President and Chief Financial Officer, effective February 12, 2024.

Duluth Holdings Inc. Announces Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

VANCOUVER, BC / ACCESSWIRE / February 6, 2024 / Green Bridge Metals Corporation (CNSX:GRBM) ("Green Bridge" or the "Company") is pleased to announce that it has entered a letter of intent (the "LOI") with Encampment Minerals Inc., dated February 5, 2024 whereby the Company has an option to earn an 80% interest in the 8,460-hectare (84.6 square kilometre (km)) South Contact Zone Project, targeting copper (Cu), nickel (Ni)-platinum group element (PGE) mineralization. The project area is located approximately 65 km north of the city of Duluth, Minnesota (Figure 1).

Green Bridge Metals Corporation Options World Class Copper-Nickel Exploration Portfolio in Duluth Complex Minnesota

DULUTH, Minn.--(BUSINESS WIRE)--ADS Foundation donates $1 million to support education of future scientists and engineers.

ADS Foundation Donates $1 Million to the University of Minnesota Duluth's Advanced Materials Center

MOUNT HOREB, Wis., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced the appointment of Heena Agrawal as Senior Vice President and Chief Financial Officer, effective February 12, 2024.

Duluth Holdings Inc. Announces Appointment of Heena Agrawal as Chief Financial Officer

Duluth Holdings Inc. (NASDAQ:DLTH ) Q3 2023 Results Conference Call November 30, 2023 9:30 AM ET Company Participants Nitza McKee - IR Sam Sato - President, CEO and Director Mike Murphy - VP, Chief Accounting Officer & Interim CFO Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Dylan Carden - William Blair Operator Good morning, and welcome to the Duluth Holdings Inc Third Quarter 2023 Earnings Conference Call. All participants are in a listen only mode.

Duluth Holdings Inc. (DLTH) Q3 2023 Earnings Call Transcript

Duluth Holdings (DLTH) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.19 per share a year ago.

Duluth Holdings (DLTH) Reports Q3 Loss, Misses Revenue Estimates

New highly automated fulfillment center fully operational for peak selling season Strong financial condition with $172 million of liquidity Updated Fiscal 2023 Outlook for Net Sales, EPS and Adjusted EBITDA MOUNT HOREB, Wis., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men's and women's workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal third quarter ended October 29, 2023.

Duluth Holdings Inc. Announces Third Quarter 2023 Financial Results

MOUNT HOREB, Wis., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading”) (NASDAQ: DLTH), a lifestyle brand of men's and women's casual wear, workwear and accessories, today announced that it will report third quarter 2023 financial results before market on Thursday, November 30, 2023.

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