---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-021392"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:41:04.185329+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Duluth Holdings cuts revolving credit facility from $200M to $100M, amends covenants

## Summary
- Revolving commitment reduced from $200M to $100M; new pricing tier added for Rent Adjusted Leverage >3.50x.
- Restricted payments limited to subsidiary dividends and tax-withholding equity repurchases only.
- Max Rent Adjusted Leverage Ratio 3.50x and Min Fixed Charge Coverage 1.20x, measured quarterly excluding Q4 FY2025.
- Company says rightsizing aligns with cash needs for inventory builds and capex, generating fee savings.
- Lenders include Bank of America, KeyBank, U.S. Bank, and BMO Harris with revised commitments.

## SEC filing metadata
- accession: 0001193125-25-021392
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649744/000119312525021392/0001193125-25-021392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000119312525021392/d894195d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-021392
- JSON: https://secwatch.observer/filing/0001193125-25-021392.json
- Plain text: https://secwatch.observer/filing/0001193125-25-021392.txt

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