Welcome to our dedicated page for Duluth Holdings news (Ticker: DLTH), a resource for investors and traders seeking the latest updates and insights on Duluth Holdings stock.
Duluth Holdings Inc. (DLTH) delivers innovative workwear and casual apparel through its Duluth Trading Company subsidiary. This news hub provides investors and industry observers with official updates and analysis on corporate developments shaping the apparel sector.
Access timely reports on earnings announcements, product line expansions, and operational milestones. Our curated collection features press releases detailing retail strategies, e-commerce initiatives, and durability-focused design innovations central to DLTH's market position.
Key updates include quarterly financial results, leadership changes, store openings, and patented fabric technology advancements. Track the company's progress in blending functional clothing solutions with distinctive brand storytelling across digital and physical retail channels.
Bookmark this page for streamlined access to verified information about Duluth Holdings' performance in the competitive apparel landscape. Check regularly for updates on inventory management developments, customer experience enhancements, and industry partnerships.
Duluth Holdings Inc. (DLTH) announces its first quarter 2021 financial results to be released before the market opens on June 3, 2021. A conference call is scheduled for the same day at 9:30 AM ET, providing an opportunity for analysts and investors to discuss the results.
Participants can join the call via a dedicated phone line or register in advance to expedite entry. Details for the live and archived webcast are also available on their investor relations website.
Duluth Holdings Inc. (NASDAQ: DLTH) has appointed Samuel M. Sato as President and CEO, effective May 3, 2021, succeeding founder Steve Schlecht, who transitions to non-executive Chairman. Sato, a retail veteran with over three decades of experience, previously led Finish Line, which reported $1.8 billion in sales in fiscal 2018. He is expected to enhance Duluth's growth with a focus on digital innovation and customer engagement. This leadership change signals a strategic shift for the company as it aims to capitalize on market opportunities.
Duluth Trading Company (NASDAQ: DLTH) reported its financial results for the fourth quarter and fiscal year ended January 31, 2021. Fourth-quarter net sales fell 1.4% to $256 million, while net income dropped 10.7% to $21.8 million, or $0.67 per diluted share. The fiscal year showed a 3.8% increase in net sales to $638.8 million. However, gross margin decreased to 51.9%. The company anticipates fiscal 2021 net sales between $680 million and $700 million and adjusted EBITDA between $66 million and $70 million, indicating a cautiously optimistic outlook.
Duluth Holdings Inc. (NASDAQ: DLTH) will announce its fourth quarter and fiscal year 2020 financial results on March 18, 2021, before market opening. A conference call is scheduled for the same day at 9:30 am ET for analysts and investors to discuss these results. The call can be accessed via phone or web, and a replay will be available until April 1, 2021. Duluth Trading, based in Mount Horeb, Wisconsin, specializes in casual and workwear for self-reliant consumers, ensuring quality and customer satisfaction through its unique service approach.
Duluth Trading Company (NASDAQ: DLTH) reported a 13.2% increase in net sales to $135.5 million for Q3 ended November 1, 2020, driven by a 40.3% rise in direct-to-consumer sales. While retail store sales dropped 15.5%, operating income rose to $2.8 million, up from $1.3 million year-over-year. Net income improved to $0.9 million, or $0.03 per diluted share, compared to $0.2 million, or $0.01. Adjusted EBITDA surged 57.4% to $11.4 million. The company reduced capital spending forecasts due to COVID-19 uncertainties.
Duluth Trading Company (NASDAQ: DLTH) will announce its third quarter fiscal 2020 financial results on December 3, 2020, before market opening. An investor conference call will take place the same day at 9:30 AM ET to discuss results and answer questions. Interested parties can access the live call at 844-875-6915 (domestic) or 412-317-6711 (international), with a replay available until December 17, 2020. The earnings release will be available on their investor relations website.
Duluth Holdings reported a 12.6% increase in net sales for Q2 2020, reaching $137.4 million, driven by a 66.9% rise in direct-to-consumer sales. However, retail store sales fell 40.4% due to COVID-19 impacts. Gross margin decreased slightly to 52.8% from 53.1% the previous year. Operating income rose to $9.8 million from $3.7 million, and net income increased to $5.9 million or $0.18 per share. The company cited digital marketing success and e-commerce growth as key factors, but remains cautious about future guidance due to pandemic uncertainty.
Duluth Holdings Inc. (NASDAQ: DLTH) announces the grand opening of its 64th store in Orland Park, Illinois, enhancing accessibility for customers in the Chicago metro area. The new store is located at 29 Orland Square Drive, providing a convenient shopping destination alongside existing locations. CEO Steve Schlecht highlighted the excitement of offering three shopping formats: in-store, curbside, and online. Duluth Trading continues to focus on solution-based apparel for active lifestyles and emphasizes customer service through its 'No Bull Guarantee.'
Duluth Trading Company (NASDAQ: DLTH) will report its second quarter fiscal year 2020 financial results on September 3, 2020, before market open. A conference call will follow at 9:30 AM ET for analysts and investors to discuss the results. The call can be joined via phone or through a webcast. Investors are encouraged to pre-register for expedited access. Duluth Trading focuses on high-quality casual wear and workwear for a hands-on lifestyle, emphasizing customer satisfaction with a 'No Bull Guarantee.'
Duluth Trading Company (NASDAQ: DLTH) announced the opening of its 63rd store in Springfield, Oregon, located at 3320 Gateway Street. This new store marks the second location in Oregon, catering to the Eugene metro area. The store offers shopping through multiple channels: in-store, curbside, and online, providing local customers access to Duluth Trading's solution-based apparel. Executive Chairman and CEO Steve Schlecht expressed enthusiasm for serving brand fans in the region. Duluth Trading is known for its high-quality casual and workwear for self-reliant individuals.
