{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-053424","form_type":"8-K","ticker":"DLTH","cik":"0001649744","company_name":"DULUTH HOLDINGS INC.","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.305384+00:00","generated_at":"2026-05-24T21:22:52.317302+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Duluth Holdings Q4 net loss $5.6M; CEO Sato retiring, founder Schlecht appointed interim CEO","bullets":["Q4 net sales $241.3M (-1.8% YoY); net loss $5.6M vs net income $6.8M prior year; EPS ($0.17), adjusted EPS ($0.04).","Adjusted EBITDA $8.5M in Q4 vs $20.9M prior year; full-year net loss $43.6M, adjusted net loss $23.6M.","FY2025 guidance: net sales $570-595M, adjusted EBITDA $20-25M, capex ~$20M; below prior year.","CEO Sam Sato retiring effective April 25, 2025; founder Stephen L. Schlecht named Interim CEO; search for permanent CEO underway.","Cash $3.3M, no bank debt; total liquidity $103.3M; FY2024 capex $17.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-053424","json":"https://secwatch.observer/filing/0001193125-25-053424.json","markdown":"https://secwatch.observer/filing/0001193125-25-053424.md","text":"https://secwatch.observer/filing/0001193125-25-053424.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649744/000119312525053424/0001193125-25-053424-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649744/000119312525053424/d867159d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T21:22:52.317302+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3de445cc42","claim":"Samuel M. Sato departed as President and Chief Executive Officer at DULUTH HOLDINGS INC..","evidence_excerpt":"On March 11, 2025, Mr. Samuel M. Sato informed the Company that he is retiring as President and Chief Executive Officer and as a member of the Board of Directors (the “Board”), with such retirement to be effective on April 25, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649744/000119312525053424/0001193125-25-053424-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"d280b68634","claim":"Stephen L. Schlecht was appointed as Interim Chief Executive Officer at DULUTH HOLDINGS INC..","evidence_excerpt":"The Board appointed Mr. Stephen L. Schlecht as Interim Chief Executive Officer of the Company in addition to his role as Senior Advisor to the Company, effective April 25, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649744/000119312525053424/0001193125-25-053424-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}