Highest-materiality recent filing
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 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 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 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.
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 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.
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 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 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.
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 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 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