---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-061514"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:35:29.602198+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Q4 net sales up 1.6% to $245.6M, EPS $0.21; FY2024 guidance below prior year

## Summary
- Q4 net sales $245.6M (+1.6%); net income $7.0M; diluted EPS $0.21 vs $0.22 last year.
- Full year net sales $646.7M (-1%); net loss ($9.4M); diluted EPS ($0.28).
- Women's apparel grew 12.4% in Q4; direct-to-consumer +8.9%, retail stores -12.2%.
- FY2024 guidance: net sales $640-660M, adjusted EBITDA $39-45M, diluted EPS ($0.22)-($0.07).
- Ended Q4 with $32.2M cash, no bank debt, and $232.2M liquidity.

## SEC filing metadata
- accession: 0001193125-24-061514
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649744/000119312524061514/0001193125-24-061514-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000119312524061514/d806446d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-061514
- JSON: https://secwatch.observer/filing/0001193125-24-061514.json
- Plain text: https://secwatch.observer/filing/0001193125-24-061514.txt

## Key facts
- Earnings Releases
  DULUTH HOLDINGS INC. reported Fiscal year 2024 results: revenue Net sales in the range of $640 million to $660 million, EPS EPS in the range of ($0.22) to ($0.07) per diluted share.
  - Period: Fiscal year 2024
  - Revenue: Net sales in the range of $640 million to $660 million
  - EPS: EPS in the range of ($0.22) to ($0.07) per diluted share
  - Result: guidance update
  source text: Fiscal 2024 Outlook The Company provided the following fiscal 2024 outlook: • Net sales in the range of $640 million to $660 million • Adjusted EBITDA 1 in the range of $39 million to $45 million • EPS in the range of ($0.22) to ($0.07) per diluted share • Capital expenditures, inclusive of software hosting implementation costs, of approximately $25 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649744/000119312524061514/0001193125-24-061514-index.htm
- Earnings Releases
  DULUTH HOLDINGS INC. reported Fiscal year ended January 28, 2024 results: revenue Net sales of $646.7 million, net income Net Loss of ($9.4) million, EPS Diluted EPS of ($0.28).
  - Period: Fiscal year ended January 28, 2024
  - Revenue: Net sales of $646.7 million
  - Net income: Net Loss of ($9.4) million
  - EPS: Diluted EPS of ($0.28)
  - Result: reported results
  source text: Highlights for the Fiscal Year Ended January 28, 2024 • Net sales of $646.7 million compared to $653.3 million in the prior year • Net Loss of ($9.4) million; diluted EPS of ($0.28) • Adjusted EBITDA 1 of $33.4 million; reflects 5.2% of net sales • Healthy inventory composition with 90% in current products and a 30% decrease in clearance items
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649744/000119312524061514/0001193125-24-061514-index.htm
- Earnings Releases
  DULUTH HOLDINGS INC. reported Fourth quarter ended January 28, 2024 results: revenue Net sales of $245.6 million, net income Net Income of $7.0 million, EPS Diluted EPS of $0.21.
  - Period: Fourth quarter ended January 28, 2024
  - Revenue: Net sales of $245.6 million
  - Net income: Net Income of $7.0 million
  - EPS: Diluted EPS of $0.21
  - Result: reported results
  source text: Highlights for the Fourth Quarter Ended January 28, 2024 • Net sales increase to $245.6 million compared to $241.8 million in the prior-year fourth quarter • Strength of the women’s business continued with 12% sales growth • Net Income of $7.0 million; diluted EPS of $0.21 • Adjusted EBITDA 1 increased to $21.1 million compared to $20.6 million in the prior-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649744/000119312524061514/0001193125-24-061514-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.