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Companies / Consumer Discretionary / Duluth Holdings Inc.
DLTH

Duluth Holdings Inc.

Ticker DLTHMOUNT HOREB, WIFiscal year ends FebruaryBook value per share $4.89Diluted shares 36.4M

Duluth Holdings Inc. (Nasdaq: DLTH) sells men’s and women’s workwear, casual wear, outdoor apparel and accessories through an omnichannel business that combines retail stores, its website, direct mail and customer contact centers. Its products serve customers’ everyday and on-the-job needs and include apparel,… From the company’s description.

Over the twelve months to Aug 2, 2026, Duluth Holdings Inc. reported revenue of $550.75M, down 8.6% from a year earlier, and net income of $6.09M. Its operating margin was 1.7%, and operations generated $64.06M in cash. In fiscal 2025, it reported revenue of $565.18M, down 9.8% from fiscal 2024, and a net loss of $16.25M.

Fiscal year 2025 · ends 02-01Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-08-02
Sales & profitability
$565.18MFY2025
−9.8% year over year
Last 12 mo $550.75M
-1.80%FY2025
+4.1 percentage points
Last 12 mo 1.71%
$-16.25MFY2025
+62.7% year over year
Last 12 mo $6.09M
-9.03%FY2025
+10.9 percentage points
Last 12 mo 4.21%
Cash & financing
$24.17MFY2025
+242.9% year over year
Last 12 mo $64.06M
$16.57MFY2025
+165.6% year over year
Last 12 mo $57.54M
0.33FY2025
Was 0.32× a year earlier
Last 12 mo 0.30
34.6MFY2025
+3.7% year over year
Last 12 mo 36.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Duluth Holdings Inc. does

In the company’s own words

Duluth Holdings Inc. (Nasdaq: DLTH) sells men’s and women’s workwear, casual wear, outdoor apparel and accessories through an omnichannel business that combines retail stores, its website, direct mail and customer contact centers. Its products serve customers’ everyday and on-the-job needs and include apparel, footwear, accessories and hard goods, with proprietary designs such as Fire Hose work pants, Longtail T shirts and Buck Naked underwear. The company operates one reportable business segment and offers services including buy-online-pickup-in-store and ship-from-store. As of February 1, 2026, it operated 63 retail stores and three outlet stores and employed 746 full-time and 1,311 part-time and flexible part-time workers. Founded in 1989 around the Bucket Boss tool organizer, Duluth expanded from a catalog business into retail in 2010; its product brands include DuluthFlex, AKHG, Armachillo and NoGA. Its website is www.duluthtrading.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Retail
Headquarters
MOUNT HOREB, WI
Fiscal year end
February
CIK
1649744
SIC
5600

Financial performance, year by year

Fiscal 2015–2025 · USD
$-117.83M$104.83M$327.49M$550.14M$772.80M20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Duluth Holdings Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

38
funds hold it
0 of 35
superinvestors hold it
$6.34M
held by funds, at market
4.6%
of shares held by funds

Largest fund holders · Duluth Holdings Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Dimensional U.S. Small Cap ETF
DFAS · Dimensional ETF Trust
—of fund net assets
U.S. SMALL CAP PORTFOLIO
DFSTX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
Ultra-Small Company Fund
BRUSX · Bridgeway Funds, Inc.
0.33%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Duluth Holdings Inc. and its peers compare on margins and cash generation over ten years?”
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