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Duluth Holdings (DLTH)
NASDAQ:DLTH
Earnings Data
Report Date
May 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.39Last Year’s EPS
-0.32Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed meaningful progress across operations, commercial traction and strategic validation—record backlog, revenue growth, major certifications, defense clearance, partnerships and improved cost discipline. However, material challenges remain: revenue missed expectations, gross margin pressure from demonstration work, sizable absolute losses and ongoing cash burn with conversion timing risk for backlog. On balance, the highlights (record backlog, cost reductions, improved liquidity, strategic certifications and defense validation) materially outweigh the lowlights, though execution risk remains in converting backlog to profitable revenue.Company Guidance
Record Revenue Growth
Fiscal 2025 revenue of $5.9 million, a 7% increase year-over-year (from $5.5 million), achieved alongside operational improvements.
Highest Funded Backlog in Company History
Entered fiscal 2026 with $12.5 million in funded backlog, reflecting multi-quarter fulfillment of international defense and commercial contracts and strong customer confidence.
Significant Operating Expense Reduction and Improved Loss
Operating expenses reduced to $23.4 million, down 27% from $32.2 million in FY24. Net loss improved 22%, from $27.5 million to $21.5 million, demonstrating operating discipline and leverage.
Strengthened Balance Sheet and Financing
Cash and equivalents (including restricted cash and short-term investments) rose to $6.7 million from $3.2 million year-over-year. Post-period the company secured a $10 million unsecured debt financing, bolstering liquidity.
Improved Operating Cash Flow Trends
Net cash used in operating activities improved by over 38% to $18.6 million (from $29.8 million), indicating progress on lowering cash burn through cost control.
Strategic Certifications and Security Clearance
Awarded U.S. Department of Defense Facility Security Clearance at the Secret level, achieved ISO 9001 certification for quality management, and became an AUVSI Trusted Operator—enhancing eligibility for classified work and competitive positioning.
Global Deployments, Partnerships, and Defense Validation
Deployed AI-capable Merrow and WAM-V platforms across the Middle East, Latin America and Indo-Pacific; expanded partnerships with Red Cat, Teledyne Marine and regional integrators; selected to participate in the U.S. Navy's Project Overmatch—validating product readiness and defense market relevance.
Go-to-Market and Service Expansion
Commercial organization retooled under new leadership, expanded demonstration fleet and regional reseller network, and began to see increased service revenues (e.g., training) entering backlog and pipeline—supporting higher-margin, repeatable revenue streams.
Diversified Product & Revenue Mix in Backlog
Backlog described as a healthy split between buoys, vehicles and associated services rather than concentrated in a single product, supporting more balanced revenue conversion and recurring service opportunities.
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 |
|---|---|---|---|
Mar 19, 2026 | $2.17 | $3.14 | +44.70% |
Dec 16, 2025 | $3.13 | $2.21 | -29.39% |
Sep 04, 2025 | $2.36 | $3.59 | +52.12% |
Jun 05, 2025 | $2.24 | $1.85 | -17.41% |
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 (DLTH) report earnings?
Duluth Holdings (DLTH) is schdueled to report earning on May 28, 2026, Before Open (Confirmed).
What is Duluth Holdings (DLTH) earnings time?
Duluth Holdings (DLTH) earnings time is at May 28, 2026, Before Open (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 2026 (Q1) is -0.39.