---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-135348"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T22:04:35.031837+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Duluth Holdings Q1 net sales $102.7M (-12% YoY), net loss widens to $15.3M

## Summary
- Net sales of $102.7M, down 12% YoY from $116.7M; net loss of $15.3M vs $7.9M loss last year.
- Adjusted EBITDA ($3.8M), a $5.6M decline YoY; gross margin slipped 80 bps to 52.0%.
- CEO Stephanie Pugliese announces cost-cutting initiatives; FY2025 guidance maintained unchanged.
- Direct-to-consumer sales fell 17.1% on lower traffic; retail store sales declined 2.6%.
- Quarter-end cash $8.6M, debt $64M on $100M revolver; net liquidity of $44.6M.

## SEC filing metadata
- accession: 0001193125-25-135348
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649744/000119312525135348/0001193125-25-135348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000119312525135348/d13259d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-135348
- JSON: https://secwatch.observer/filing/0001193125-25-135348.json
- Plain text: https://secwatch.observer/filing/0001193125-25-135348.txt

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