---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-195429"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2025-09-04T23:59:59+00:00"
generated_at: "2026-05-17T08:18:42.421034+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Duluth Holdings Q2: Net income $1.3M (vs loss), revenue -7%, margin expands, reaffirms guidance

## Summary
- Net income of $1.3M vs net loss of $2.0M in Q2 last year; reported EPS $0.04, adjusted EPS $0.03.
- Net sales $131.7M, down 7.0% YoY; DTC -13.7% to $79.1M, retail +5.3% to $52.6M.
- Gross margin improved to 54.7% from 52.3% on reduced promotions and favorable product costs.
- Adjusted EBITDA $12.0M (9.1% of sales), up $1.5M; inventory down 12.2%, net liquidity $73.3M.
- Fiscal 2025 guidance maintained; management cites turnaround progress but significant work ahead.

## SEC filing metadata
- accession: 0001193125-25-195429
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2025-09-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1649744/000119312525195429/0001193125-25-195429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000119312525195429/d946545d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-195429
- JSON: https://secwatch.observer/filing/0001193125-25-195429.json
- Plain text: https://secwatch.observer/filing/0001193125-25-195429.txt

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