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Duluth Holdings ( (DLTH) ) has shared an announcement.
On March 11, 2025, Duluth Holdings announced that Samuel M. Sato will retire as President and CEO, effective April 25, 2025, with Stephen L. Schlecht appointed as Interim CEO. The company reported a decrease in net sales and a net loss for the fiscal year ending February 2, 2025, attributing challenges to fulfillment delays and increased promotional activity. Despite these setbacks, Duluth Trading plans to expand its product lines and focus on strategic initiatives to improve operational execution.
More about Duluth Holdings
Duluth Trading is a lifestyle brand based in Mount Horeb, Wisconsin, offering high-quality, solution-based casual wear, workwear, outdoor apparel, and accessories for men and women. The company is known for its engaging marketing that incorporates humor and storytelling, and its products are sold through its website, catalogs, and unique retail locations.
YTD Price Performance: -3.08%
Average Trading Volume: 41,445
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $104.1M
Learn more about DLTH stock on TipRanks’ Stock Analysis page.