Education
About Us
Working with TipRanks
Follow Us
Duluth Holdings Inc. (DLTH)
:DLTH
Earnings Data
Report Date
Aug 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.02Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 05, 2025
|% Change Since: -11.61%
|Next Earnings Date:Aug 28, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook for Duluth Holdings Inc. While there were strategic initiatives and positive steps such as cost reductions, improved lending terms, and growth in mobile sales, these were offset by significant declines in net sales, increased inventory levels, and a decline in gross profit margin. The company is taking steps to address challenges, but the current financial performance remains under pressure.Company Guidance
During the first quarter of fiscal year 2025, Duluth Holdings Inc. reported net sales of $102.7 million, a 12% decline compared to the previous year. The company experienced a reported EPS loss of $0.45, while the adjusted EPS loss stood at $0.32. Adjustments to EPS included a $4.5 million impact, with $4.1 million attributed to an increase in deferred tax valuation allowance and $0.4 million related to net impairment expenses. The adjusted EBITDA for the quarter was negative $3.8 million. The company reduced promotional days by 35% and adjusted the depth of promotions from 25% to 20% on average, contributing to a gross profit margin rate decline of 80 basis points, although gross margin improved by over 300 basis points in March and April compared to the previous year. Inventory levels increased by 29% year-on-year, reaching $176.1 million, with a clearance inventory mix of 9%. The company ended the quarter with $8.6 million in cash and cash equivalents and $64 million in borrowings on its credit facility. Despite the challenges, Duluth Holdings maintained its fiscal year 2025 guidance with an adjusted EBITDA range of $20 million to $25 million. Key focuses include reducing SKUs by more than 5% in fall 2025 and over 20% in spring/summer 2026, managing tariffs with targeted price increases, and revitalizing the store portfolio. The company also transitioned its credit facility to an asset-based lending agreement with a $100 million limit, improving borrowing rates and flexibility.Successful Transition to Asset-Based Lending
Duluth Holdings Inc. transitioned its line of credit to an asset-based lending agreement, extending to 2030 with a $100 million limit, improved borrowing rates, and increased flexibility.
Cost Reduction Initiative
Duluth implemented an expense savings initiative expected to result in annualized savings of approximately $15 million, with $10 million of cost benefits to be realized in the current fiscal year.
Mobile Sales Growth
Mobile sales penetration increased by 200 basis points with mobile conversion continuing to trend upwards.
Store Portfolio Optimization
Duluth is revitalizing its store portfolio, closing one low-performing store, renewing leases on stores meeting higher hurdle rates, and opening two new stores in the second half of the year.
DLTH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DLTH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 05, 2025 | $2.24 | $1.85 | -17.41% |
Mar 13, 2025 | $2.83 | $2.52 | -10.95% |
Dec 05, 2024 | $3.72 | $3.41 | -8.33% |
Aug 29, 2024 | $3.23 | $3.84 | +18.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Duluth Holdings Inc. (DLTH) report earnings?
Duluth Holdings Inc. (DLTH) is schdueled to report earning on Aug 28, 2025, TBA Not Confirmed.
What is Duluth Holdings Inc. (DLTH) earnings time?
Duluth Holdings Inc. (DLTH) earnings time is at Aug 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DLTH EPS forecast?
DLTH EPS forecast for the fiscal quarter 2025 (Q2) is -0.1.