Stephen L. Schlecht
After the Effective Date, Mr. Schlecht will continue to serve as the Senior Advisor to the Company and Chairman of the Board of Directors.
Highest-materiality recent filing
Duluth Holdings announces annual meeting results; all eight director nominees elected
All eight Board nominees elected with strong support; Stephen L. Schlecht received 33.6M Class A and 21.3M Class B votes 'for'.
Duluth Holdings hosts Investor & Analyst Day with 'Growing From the Core' presentation
Investor Day held June 8, 2026, from 11:00am to 1:00pm ET at Nasdaq MarketSite and via webcast.
Duluth Holdings Q1 net loss narrows to $10M; gross margin expands 540 bps; raises FY EBITDA guidance
Net loss improved to $10.0M from $15.3M YoY; adjusted EPS loss of $0.20.
Duluth Q4 net income $7.8M vs prior loss; gross margin 53.0% +890 bps
Q4 net income $7.8M ($0.22 EPS) vs net loss $5.6M; adjusted EPS $0.23 on $0.3M restructuring.
Duluth Holdings amends CEO equity grant to $2.3M minimum; Chairman salary cut to $100k
CEO Pugliese receives one FY2026 equity grant of at least $2.3M fair value, vesting ratably over three years.
Duluth Q3 net loss narrows to $10.1M; adj. EBITDA guidance raised to $23-25M
Net loss of $10.1M vs $28.2M last year; EPS loss $0.29, adjusted EPS loss $0.23.
Duluth Holdings increases revolving credit commitment from $100M to $125M through March 2026
Temporary increase to $125M under existing credit agreement, effective Oct 1, 2025 until March 31, 2026.
Duluth Holdings Q2: Net income $1.3M (vs loss), revenue -7%, margin expands, reaffirms guidance
Net income of $1.3M vs net loss of $2.0M in Q2 last year; reported EPS $0.04, adjusted EPS $0.03.
Duluth Holdings CMO Eli Getson resigns effective Aug 1, 2025
Eli M. Getson resigns as SVP and Chief Merchandising Officer effective August 1, 2025.
Duluth Holdings Q1 net sales $102.7M (-12% YoY), net loss widens to $15.3M
Net sales of $102.7M, down 12% YoY from $116.7M; net loss of $15.3M vs $7.9M loss last year.
Shareholders approve all proposals at Duluth Holdings 2025 annual meeting
All eight director nominees elected; Stephen L. Schlecht received 33.6M Class A and 19.6M Class B votes for.
Duluth Holdings grants 1.76M inducement shares to new CEO Stephanie Pugliese
Stephanie L. Pugliese appointed President and CEO effective May 5, 2025.
Duluth Holdings enters $100M revolver with BMO, replacing prior credit facility
New $100M asset-based revolving credit facility with BMO Bank N.A., maturing April 28, 2030.
Duluth Holdings appoints Stephanie Pugliese as President and CEO, effective May 5, 2025
Pugliese previously served as Duluth's President and CEO from 2015 to 2019, doubling net sales.
Director Francesca Edwardson to retire from Duluth Holdings board at 2025 annual meeting
Francesca M. Edwardson, 67, will not stand for re-election at the 2025 Annual Meeting; she served since September 2015.
Duluth Holdings Q4 net loss $5.6M; CEO Sato retiring, founder Schlecht appointed interim CEO
Q4 net sales $241.3M (-1.8% YoY); net loss $5.6M vs net income $6.8M prior year; EPS ($0.17), adjusted EPS ($0.04).
Duluth Holdings cuts revolving credit facility from $200M to $100M, amends covenants
Revolving commitment reduced from $200M to $100M; new pricing tier added for Rent Adjusted Leverage >3.50x.
Duluth Holdings Q3 net loss $28.5M, revenue down 8.1%; cuts FY2024 sales guidance to ~$640M
Net sales $127.1M (down 8.1% YoY); net loss $28.5M vs $10.5M loss in Q3 2023.
Duluth Holdings CAO Michael Murphy resigns; CFO Heena Agrawal interim CAO
Michael Murphy resigns as VP, Chief Accounting Officer and Treasurer, effective Oct 11, 2024.
Duluth Holdings Q2 net sales up 1.8% to $141.6M; adj. EPS ($0.02); reaffirms FY outlook
Net sales $141.6M (+1.8% YoY); net loss $3.7M vs. $2.0M last year, adjusted net loss $0.6M.
Duluth Holdings Q1 net sales down 5.7% to $116.7M; updates FY2024 outlook with EPS loss $0.22
Q1 net loss $7.9M; Adjusted EBITDA $1.8M; FY2024 EPS guidance ~$(0.22) per diluted share.
Shareholders approve 2024 equity plan, elect directors, ratify auditor at annual meeting
2024 Equity Incentive Plan approved (20.1M for, 2.7M against); authorized shares: 3.4M new plus 611k from 2015 Plan.
Q4 net sales up 1.6% to $245.6M, EPS $0.21; FY2024 guidance below prior year
Q4 net sales $245.6M (+1.6%); net income $7.0M; diluted EPS $0.21 vs $0.22 last year.
Duluth Holdings amends annual incentive plan to allow post-performance-year vesting requirements
Compensation Committee approved Amended and Restated Annual Incentive Plan on February 20, 2024.
Duluth Holdings grants 94,000 restricted shares to new CFO Heena Agrawal as inducement
Heena Agrawal appointed SVP and CFO effective Feb 12, 2024.
Duluth Holdings appoints Heena Agrawal as CFO effective Feb 12, 2024
Heena Agrawal named SVP & CFO effective Feb 12, 2024; previously CFO at Kontoor Brands (Wrangler).
Duluth Holdings files Q3 2023 investor presentation; no specific financials disclosed
Investor presentation dated November 30, 2023 furnished under Item 7.01.
Duluth Trading Q3 net sales $138.2M, down 6.1% YoY; cuts FY2023 outlook
Net sales $138.2M vs $147.1M prior year (-6.1%); gross margin fell to 50.2% from 52.3%.
After the Effective Date, Mr. Schlecht will continue to serve as the Senior Advisor to the Company and Chairman of the Board of Directors.
appointed Stephanie L. Pugliese as President and Chief Executive Officer of the Company and as a member of the Board of the Company, effective May 5, 2025
appointed Stephanie L. Pugliese as President and Chief Executive Officer of the Company and as a member of the Board of the Company, effective May 5, 2025
On March 24, 2025, Francesca M. Edwardson informed the Board of Directors of Duluth Holdings Inc. (the “Company”) that she has decided not to stand for re-election at the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”).
On March 11, 2025, Mr. Samuel M. Sato informed the Company that he is retiring as President and Chief Executive Officer and as a member of the Board of Directors (the “Board”), with such retirement to be effective on April 25, 2025.
The Board appointed Mr. Stephen L. Schlecht as Interim Chief Executive Officer of the Company in addition to his role as Senior Advisor to the Company, effective April 25, 2025
On September 24, 2024, the Board of Directors of the Company appointed Ms. Heena Agrawal, Senior Vice President and Chief Financial Officer of the Company, to assume the additional role of interim Chief Accounting Officer effective October 11, 2024, while a search for a permanent replacement is conducted.
On September 20, 2024, Mr. Michael Murphy informed Duluth Holdings Inc. (the “Company”) of his decision to resign as VP, Chief Accounting Officer and Treasury, along with all other positions he holds at the Company.
the Board of Directors of Duluth Holdings Inc. (the “Company”) appointed Heena Agrawal as Senior Vice President and Chief Financial Officer of the Company, effective February 12, 2024.
Effective February 12, 2024, Mr. Murphy will step down from his role as Interim Chief Financial Officer and will continue in his role as VP, Chief Accounting Officer and will assume responsibility for the Company’s treasury function
Max materiality 0.85 · Median 0.55 · Most common event earnings