---
schema_version: "secwatch.filing_event.v1"
accession: "0001649744-22-000015"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2022-06-02T23:59:59+00:00"
generated_at: "2026-06-25T05:09:47.200065+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Duluth Holdings Q1 net loss $1.3M; sales down 7.9%; reaffirms FY2022 guidance

## Summary
- Net loss of $1.3M ($0.04 diluted loss) vs net income of $0.5M ($0.02 EPS) a year ago.
- Net sales $122.9M, down 7.9% YoY; gross margin improved 470 bps to 54.6%.
- Direct-to-consumer sales fell 12.1% to $77.7M; retail store sales up 0.4% to $45.2M.
- Adjusted EBITDA $7.9M (6.4% of sales); FY2022 outlook: net sales $730-755M, EPS $0.93-1.02.
- Launched Duluth by Duluth Trading Co. brand; rebranded Alaskan Hardgear as AKHG.

## SEC filing metadata
- accession: 0001649744-22-000015
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2022-06-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649744/000164974422000015/0001649744-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000164974422000015/dlth-20220602x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649744-22-000015
- JSON: https://secwatch.observer/filing/0001649744-22-000015.json
- Plain text: https://secwatch.observer/filing/0001649744-22-000015.txt

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