Duluth Holdings Inc (DLTH)

Name: Duluth Holdings Inc Financial Statements
Creator: Quarter Results

Consumer Cyclical | Apparel Retail

Latest reporting period: 2025-11-02

Latest Quarter

2025-11-02

Revenue

$115M

Net Income

-$10.1M

Operating Margin

-7.7%

Free Cash Flow

-$25.2M

Debt / Assets

60.3%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Duluth Holdings Inc (DLTH).
Income Statement (Quarterly)	2025-11-02	2025-08-03	2025-05-04	2025-02-02
Revenue	114,871,000	131,716,000	102,704,000	241,270,000
Cost of Revenue	53,025,000	59,697,000	49,349,000	134,791,000
Gross Profit	61,846,000	72,019,000	53,355,000	106,479,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	70,680,000	68,767,000	65,707,000	107,892,000
Operating Expenses	70,680,000	69,617,000	65,707,000	110,720,000
Operating Income	-8,834,000	2,402,000	-12,352,000	-4,241,000
Interest Expense	1,231,000	1,469,000	1,481,000	1,322,000
Income Before Tax	-10,067,000	851,000	-13,994,000	-5,557,000
Income Tax Expense	0	-442,000	1,270,000	4,000
Net Income	-10,101,000	1,261,000	-15,293,000	-3,515,000
Per Share
EPS	-0.29	0.04	-0.45	-0.17
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Duluth Holdings Inc (DLTH).
Income Statement (Annual)	2025-02-02	2025-01-31	2024-01-28	2023-01-29	2022-01-30
Revenue	626,629,000	626,629,000	646,681,000	653,307,000	698,584,000
Cost of Revenue	318,119,000	318,119,000	321,710,000	309,872,000	321,260,000
Gross Profit	308,510,000	308,510,000	324,971,000	343,435,000	377,324,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	333,242,000	337,623,000	333,804,000	337,204,000	333,225,000
Operating Expenses	345,371,000	345,371,000	333,804,000	337,204,000	333,225,000
Operating Income	-36,861,000	-36,861,000	-8,833,000	6,231,000	44,099,000
Interest Expense	4,554,000	4,554,000	4,156,000	3,653,000	4,717,000
Income Before Tax	-41,242,000	-41,242,000	-12,066,000	2,954,000	39,437,000
Income Tax Expense	2,370,000	2,370,000	-2,693,000	708,000	9,887,000
Net Income	-43,671,000	-43,671,000	-9,356,000	2,304,000	29,702,000
Per Share
EPS	-1.31	-1.31	-0.28	0.07	0.91
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Duluth Holdings Inc (DLTH).
Balance Sheet (Quarterly)	2025-02-02	2025-01-31	2024-01-28	2023-01-29
Assets
Cash and Cash Equivalents	3,335,000	3,335,000	32,157,000	45,548,000
Short Term Investments	0	0	0	0
Net Receivables	3,970,000	3,970,000	8,733,000	6,041,000
Inventory	166,545,000	166,545,000	125,757,000	154,922,000
Total Current Assets	191,631,000	191,631,000	180,974,000	225,897,000
Property Plant Equipment	247,180,000	247,180,000	294,463,000	287,291,000
Goodwill and Intangibles	414,000	414,000	838,000	852,000
Total Assets	452,442,000	452,442,000	490,453,000	527,454,000
Liabilities
Account Payables	73,882,000	73,882,000	51,122,000	56,547,000
Short Term Debt	19,006,000	19,006,000	20,397,000	37,594,000
Total Current Liabilities	128,637,000	128,637,000	102,449,000	118,304,000
Long Term Debt	144,126,000	144,126,000	165,830,000	180,704,000
Total Liabilities	272,763,000	272,763,000	268,279,000	300,257,000
Shareholders Equity
Retained Earnings	77,721,000	77,721,000	123,816,000	133,172,000
Total Shareholders Equity	182,676,000	182,676,000	225,230,000	230,407,000

Balance sheet annual history for Duluth Holdings Inc (DLTH).
Balance Sheet (Annual)	2025-02-02	2025-01-31	2024-01-28	2023-01-29	2022-01-30
Assets
Cash and Cash Equivalents	3,335,000	3,335,000	32,157,000	45,548,000	77,051,000
Short Term Investments	0	0	0	0	0
Net Receivables	3,970,000	3,970,000	8,733,000	6,041,000	5,455,000
Inventory	166,545,000	166,545,000	125,757,000	154,922,000	122,672,000
Total Current Assets	191,631,000	191,631,000	180,974,000	225,897,000	222,521,000
Property Plant Equipment	247,180,000	247,180,000	294,463,000	287,291,000	281,122,000
Goodwill and Intangibles	414,000	414,000	838,000	852,000	648,000
Total Assets	452,442,000	452,442,000	490,453,000	527,454,000	515,550,000
Liabilities
Account Payables	73,882,000	73,882,000	51,122,000	56,547,000	45,402,000
Short Term Debt	19,006,000	19,006,000	20,397,000	37,594,000	16,276,000
Total Current Liabilities	128,637,000	128,637,000	102,449,000	118,304,000	115,996,000
Long Term Debt	144,126,000	144,126,000	165,830,000	180,704,000	173,969,000
Total Liabilities	272,763,000	272,763,000	268,279,000	300,257,000	292,832,000
Shareholders Equity
Retained Earnings	77,721,000	77,721,000	123,816,000	133,172,000	130,868,000
Total Shareholders Equity	182,676,000	182,676,000	225,230,000	230,407,000	225,870,000

Cash flow quarterly history for Duluth Holdings Inc (DLTH).
Cash Flow Statement (Quarterly)	2025-02-02	2025-01-31	2024-01-28	2023-01-29
Operating Activities
Net Income	-43,612,000	-43,612,000	-9,356,000	2,246,000
Depreciation & Amortization	32,282,000	32,282,000	32,159,000	30,810,000
Stock Based Compensation	4,046,000	4,046,000	4,195,000	2,711,000
Change in Working Capital	-11,873,000	-11,873,000	13,728,000	-41,384,000
Operating Cash Flow	-16,917,000	-16,917,000	38,673,000	-5,628,000
Investing Activities
Capital Expenditure	-8,329,000	-8,329,000	-49,086,000	-22,833,000
Investments	-8,329,000	-8,329,000	-49,086,000	-22,833,000
Investing Cash Flow	-8,129,000	-8,129,000	-48,718,000	-22,641,000
Financing Activities
Debt Repayment	-3,567,000	-3,567,000	-3,609,000	-28,393,000
Common Stock Issued/Repurchased	-594,000	-594,000	-279,000	-457,000
Dividends Paid	0	0	0	0
Financing Cash Flow	-3,776,000	-3,776,000	-3,346,000	-3,234,000
Summary
Free Cash Flow	-25,246,000	-25,246,000	-10,413,000	-28,461,000
Net Change in Cash	-28,822,000	-28,822,000	-13,391,000	-31,503,000

Cash flow annual history for Duluth Holdings Inc (DLTH).
Cash Flow Statement (Annual)	2025-02-02	2025-01-31	2024-01-28	2023-01-29	2022-01-30
Operating Activities
Net Income	-43,612,000	-43,612,000	-9,356,000	2,246,000	29,550,000
Depreciation & Amortization	32,282,000	32,282,000	32,159,000	30,810,000	29,225,000
Stock Based Compensation	4,046,000	4,046,000	4,195,000	2,711,000	2,198,000
Change in Working Capital	-11,873,000	-11,873,000	13,728,000	-41,384,000	36,093,000
Operating Cash Flow	-16,917,000	-16,917,000	38,673,000	-5,628,000	91,981,000
Investing Activities
Capital Expenditure	-8,329,000	-8,329,000	-49,086,000	-22,833,000	-10,352,000
Investments	-8,329,000	-8,329,000	-49,086,000	-22,833,000	-10,352,000
Investing Cash Flow	-8,129,000	-8,129,000	-48,718,000	-22,641,000	-10,150,000
Financing Activities
Debt Repayment	-3,567,000	-3,567,000	-3,609,000	-28,393,000	-56,432,000
Common Stock Issued/Repurchased	-594,000	-594,000	-279,000	-457,000	-374,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	-3,776,000	-3,776,000	-3,346,000	-3,234,000	-51,364,000
Summary
Free Cash Flow	-25,246,000	-25,246,000	-10,413,000	-28,461,000	81,629,000
Net Change in Cash	-28,822,000	-28,822,000	-13,391,000	-31,503,000	30,467,000