secwatch.observer — SEC 8-K summary
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Issuer:     DULUTH HOLDINGS INC. (DLTH)
CIK:        0001649744
Form:       8-K
Filed at:   2026-09-03T11:17:40+00:00
Accession:  0001193125-26-381026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duluth Q2 net income $18.4M vs $1.3M; raises FY26 adjusted EBITDA guidance to $38-42M
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- Net income $18.4M vs $1.3M prior year; EPS $0.50 reported and adjusted, incl. $0.44 from tariff refunds.
- Net sales down 7.8% to $121.4M; DTC -11.5% to $70.1M, retail -2.4% to $51.3M.
- Gross margin 72.8% (59.6% ex-tariff refunds), up 490 bps; inventory down 15.5% ($22.9M).
- FY26 adjusted EBITDA guidance raised to $38-42M from $28-32M; net sales affirmed $540-560M.
- Zero debt on $70M ABL facility; cash $26.8M, net liquidity $96.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649744/000119312526381026/0001193125-26-381026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649744/000119312526381026/dlth-20260903.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-381026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer