Duluth Holdings INC

Market Movers (8-K)

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NASDAQ
Duluth Holdings Inc. shareholders voted on director elections, executive compensation, and auditor ratification at the June 3, 2026 annual meeting.
NASDAQ
Duluth Holdings Inc. outlines a 'Build to Last' strategy focused on core products and customers, targeting profitable growth and positive free cash flow.
NASDAQ
Duluth Holdings Inc. reported improved net income and adjusted EBITDA for its fiscal first quarter ended May 3, 2026, driven by enhanced gross margins and reduced inventory levels.
NASDAQ
Duluth Holdings Inc. announced significantly improved fourth-quarter net income and full-year free cash flow, driven by enhanced gross margins and operational efficiencies, despite a decline in net sales.
Better than expected
NASDAQ
Duluth Holdings Inc. announced amendments to the employment agreements for its CEO, Stephanie L. Pugliese, and Chairman, Stephen L. Schlecht, impacting equity grants and salary.
NASDAQ
Duluth Holdings Inc. reported a significantly reduced net loss and improved profitability in its fiscal third quarter 2025, driven by gross margin expansion and SG&A leverage, despite a decline in net sales.

Quarterly Earnings (10-Q)

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NASDAQ
Duluth Holdings Inc. reported a 4.0% decrease in net sales for the first quarter ended May 3, 2026, but saw a significant reduction in net loss and an increase in Adjusted EBITDA.
NASDAQ
Duluth Holdings Inc. reported a significant reduction in net loss and improved Adjusted EBITDA for the third quarter and first nine months of fiscal 2025, despite a decline in net sales.
Capital raise
Better than expected
NASDAQ
Duluth Holdings Inc. reported a return to net income in Q2 2025 and improved gross margins, despite a 7% drop in net sales, while year-to-date losses widened.
Worse than expected
Capital raise
NASDAQ
Duluth Holdings Inc. announced a significant increase in net loss and a decline in net sales for the first quarter of fiscal 2025, alongside a shift to negative Adjusted EBITDA, despite securing a new revolving credit facility.
Worse than expected
Capital raise
NASDAQ
Duluth Holdings Inc. experienced a decrease in net sales and a significant increase in net loss for the third quarter of 2024 compared to the same period last year.
Worse than expected
Delay expected
NASDAQ
Duluth Holdings Inc. experienced a slight increase in net sales but reported a net loss for the second quarter of 2024, alongside restructuring expenses.
Worse than expected
Delay expected

Annual Reports (10-K)

NASDAQ
Duluth Holdings Inc. reported a significantly reduced net loss and increased Adjusted EBITDA for fiscal year 2025, despite a 9.8% decline in net sales.
Better than expected
NASDAQ
Duluth Holdings Inc. reports a decrease in net sales and a net loss for fiscal year 2024, while also announcing the upcoming retirement of CEO Samuel M. Sato and the appointment of Stephen L. Schlecht as Interim CEO.
Worse than expected
Delay expected
NASDAQ
Duluth Holdings Inc. reported a net loss of $9.4 million for fiscal year 2023, a decrease from the prior year's net income of $2.2 million, despite a slight decrease in net sales.
Worse than expected

Insider Trading (Form 4)

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NASDAQ
Scott K Williams, a Director of Duluth Holdings Inc., received 4,434 shares of common stock on August 2, 2026.
NASDAQ
Janet H Kennedy, a Director of Duluth Holdings Inc., received 3,695 shares of common stock on August 2, 2026.
NASDAQ
Garth N. Weber, SVP of Brand and Marketing of Duluth Holdings Inc., reported a transaction in 422 shares of common stock on July 25, 2026.
NASDAQ
Director Scott K. Williams was granted 22,858 shares of restricted stock in Duluth Holdings Inc. as part of the 2024 Equity Incentive Plan.
NASDAQ
Director Ronald Robinson was granted 22,858 shares of restricted Class B Common Stock in Duluth Holdings Inc.
NASDAQ
Director Susan J. Riley was granted 22,858 shares of restricted Class B Common Stock in Duluth Holdings Inc.

Proxy Statements (Def-14A)

NASDAQ
Duluth Holdings Inc. has announced its 2026 Annual Meeting of Shareholders, set for June 3, 2026, to elect directors, vote on executive compensation, and ratify auditor appointments.
Delay expected
NASDAQ
Duluth Holdings Inc. will hold its annual shareholder meeting on May 29, 2025, to elect directors, approve executive compensation, and ratify the appointment of KPMG LLP as independent auditors.
NASDAQ
Duluth Holdings Inc. details director nominees, executive transitions including CEO retirement and appointment, and proxy voting information for its upcoming 2025 Annual Meeting of Shareholders.
Worse than expected
NASDAQ
Duluth Holdings Inc. will hold its annual shareholder meeting on May 23, 2024, to vote on director elections, executive compensation, auditor ratification, and the 2024 Equity Incentive Plan.
NASDAQ
Duluth Holdings Inc. will hold its annual shareholder meeting on May 23, 2024, to vote on director elections, executive compensation, auditor ratification, and a new equity incentive plan.

Schedule 13D - Activist Investments

NASDAQ
Stephanie L. Pugliese's beneficial ownership in Duluth Holdings Inc. is updated following a restricted stock award vesting event and associated tax withholding.
NASDAQ
Duluth Holdings Inc. CEO Stephanie L. Pugliese increased her beneficial ownership to 7.3% of Class B Common Stock following a significant equity grant tied to her employment agreement.
NASDAQ
Duluth Holdings Inc. has appointed Stephanie L. Pugliese as its new President and Chief Executive Officer, effective May 5, 2025, accompanied by a substantial equity grant making her a 5.2% beneficial owner of Class B Common Stock.
NASDAQ
Stephanie L. Pugliese has been appointed President and Chief Executive Officer of Duluth Holdings Inc., effective May 5, 2025, and will receive a substantial equity grant as part of her compensation.

Schedule 13G - Passive Investments

NASDAQ
Askeladden Capital Management LLC and Samir Patel have filed an amendment to their Schedule 13G, reporting a decrease in their beneficial ownership of Duluth Holdings Inc. Class B Common Stock to 4.9%.
NASDAQ
Askeladden Capital Management LLC and Samir Patel have filed an amendment to their Schedule 13G, reporting a decrease in their beneficial ownership of Duluth Holdings Inc. Class B Common Stock to 4.9%.
NASDAQ
Stephen L. Schlecht, founder of Duluth Holdings Inc., has updated his beneficial ownership to 28.5% of Class B Common Stock, including significant Class A voting power.
NASDAQ
Askeladden Capital Management LLC and Samir Patel have jointly reported a beneficial ownership of 8.3% of Duluth Holdings Inc.'s Class B Common Stock, totaling 2,634,945 shares.
NASDAQ
Stephen L. Schlecht, a key figure, has filed an amended Schedule 13G, disclosing continued beneficial ownership of 30.1% of Duluth Holdings Inc.'s Class B Common Stock as of December 31, 2024.