---
schema_version: "secwatch.filing_event.v1"
accession: "0001649744-23-000030"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2023-11-30T23:59:59+00:00"
generated_at: "2026-06-07T19:53:02.360511+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Duluth Trading Q3 net sales $138.2M, down 6.1% YoY; cuts FY2023 outlook

## Summary
- Net sales $138.2M vs $147.1M prior year (-6.1%); gross margin fell to 50.2% from 52.3%.
- Adjusted EBITDA loss of $1.6M; updated FY2023 outlook: net sales $640-655M, EPS ($0.25)-($0.15).
- Inventory down 15% to $174M; new highly automated fulfillment center operational for peak season.
- Women's AKHG sub-brand net sales increased 19% YoY; new VP of Sourcing hired.
- Black Friday/Cyber Monday period showed solid trend improvement after weak Q3.

## SEC filing metadata
- accession: 0001649744-23-000030
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2023-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649744/000164974423000030/0001649744-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000164974423000030/dlth-20231130x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649744-23-000030
- JSON: https://secwatch.observer/filing/0001649744-23-000030.json
- Plain text: https://secwatch.observer/filing/0001649744-23-000030.txt

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