InsiderClue
Stocks · Consumer discretionary · Retail-Apparel & Accessory Stores

DULUTH HOLDINGS INC.

DLTH Clue Score35
United States Fiscal year ends February CIK 0001649744
$3.90 -2.74% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $3.90 −72.08% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue376.1Operating income35.0Net income21.3Fiscal year 2018Revenue471.4 +25.3%Operating income37.1Net income23.4 +9.6%Fiscal year 2019Revenue568.1 +20.5%Operating income37.2Net income23.2 −0.8%Fiscal year 2020Revenue615.6 +8.4%Operating income28.1Net income18.9 −18.3%EPS, diluted0.58Fiscal year 2021Revenue638.8 +3.8%Operating income24.2Net income13.6 −28.2%EPS, diluted0.42 −27.6%Fiscal year 2022Revenue698.6 +9.4%Operating income44.1Net income29.7 +118.8%EPS, diluted0.90 +114.3%Fiscal year 2023Revenue653.3 −6.5%Operating income6.2Net income2.3 −92.2%EPS, diluted0.07 −92.2%Fiscal year 2024Revenue646.7 −1.0%Operating income−9.6Net income−9.9 −530.7%EPS, diluted−0.30 −528.6%Fiscal year 2025Revenue626.6 −3.1%Operating income−36.9Net income−43.7EPS, diluted−1.31Fiscal year 2026Revenue565.2 −9.8%Operating income−10.2Net income−16.4EPS, diluted−0.47
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 376.1 471.4 568.1 615.6 638.8 698.6 653.3 646.7 626.6 565.2
Growth +25.3% +20.5% +8.4% +3.8% +9.4% −6.5% −1.0% −3.1% −9.8%
Operating income 35.0 37.1 37.2 28.1 24.2 44.1 6.2 −9.6 −36.9 −10.2
Net income 21.3 23.4 23.2 18.9 13.6 29.7 2.3 −9.9 −43.7 −16.4
Growth +9.6% −0.8% −18.3% −28.2% +118.8% −92.2% −530.7%
EPS, diluted n/a n/a n/a 0.58 0.42 0.90 0.07 −0.30 −1.31 −0.47
Growth −27.6% +114.3% −92.2% −528.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin56.9%Operating margin9.3%Net margin5.7%Free cash flow margin−2.2%Fiscal year 2018Gross margin55.4%Operating margin7.9%Net margin5.0%Free cash flow margin−3.5%Fiscal year 2019Gross margin54.6%Operating margin6.5%Net margin4.1%Free cash flow margin−3.9%Fiscal year 2020Gross margin53.3%Operating margin4.6%Net margin3.1%Free cash flow margin−2.6%Fiscal year 2021Gross margin51.9%Operating margin3.8%Net margin2.1%Free cash flow margin6.1%Fiscal year 2022Gross margin54.0%Operating margin6.3%Net margin4.3%Free cash flow margin11.7%Fiscal year 2023Gross margin52.6%Operating margin1.0%Net margin0.4%Free cash flow margin−4.4%Fiscal year 2024Gross margin50.3%Operating margin−1.5%Net margin−1.5%Free cash flow margin−1.6%Fiscal year 2025Gross margin49.2%Operating margin−5.9%Net margin−7.0%Free cash flow margin−4.0%Fiscal year 2026Gross margin53.4%Operating margin−1.8%Net margin−2.9%Free cash flow margin2.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 56.9% 55.4% 54.6% 53.3% 51.9% 54.0% 52.6% 50.3% 49.2% 53.4%
Operating margin 9.3% 7.9% 6.5% 4.6% 3.8% 6.3% 1.0% −1.5% −5.9% −1.8%
Net margin 5.7% 5.0% 4.1% 3.1% 2.1% 4.3% 0.4% −1.5% −7.0% −2.9%
Free cash flow margin −2.2% −3.5% −3.9% −2.6% 6.1% 11.7% −4.4% −1.6% −4.0% 2.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow20.3Capital expenditure−28.7Free cash flow−8.4Fiscal year 2018Operating cash flow29.9Capital expenditure−46.5Free cash flow−16.6Fiscal year 2019Operating cash flow31.1Capital expenditure−53.0Free cash flow−21.9Fiscal year 2020Operating cash flow8.3Capital expenditure−24.4Free cash flow−16.1Fiscal year 2021Operating cash flow50.8Capital expenditure−11.7Free cash flow39.0Fiscal year 2022Operating cash flow92.0Capital expenditure−10.4Free cash flow81.6 +109.3%Fiscal year 2023Operating cash flow−1.4Capital expenditure−27.1Free cash flow−28.5 −134.9%Fiscal year 2024Operating cash flow38.7Capital expenditure−49.1Free cash flow−10.4Fiscal year 2025Operating cash flow−16.9Capital expenditure−8.3Free cash flow−25.2Fiscal year 2026Operating cash flow24.2Capital expenditure−7.6Free cash flow16.6
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 20.3 29.9 31.1 8.3 50.8 92.0 −1.4 38.7 −16.9 24.2
Capital expenditure −28.7 −46.5 −53.0 −24.4 −11.7 −10.4 −27.1 −49.1 −8.3 −7.6
Free cash flow −8.4 −16.6 −21.9 −16.1 39.0 81.6 −28.5 −10.4 −25.2 16.6
Growth +109.3% −134.9%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash25.5Total debt0.8Net cash (debt)24.7Shareholders’ equity111.2Debt to equity0.01Fiscal year 2018Cash7.1Total debt1.5Net cash (debt)5.6Shareholders’ equity136.1Debt to equity0.01Fiscal year 2019Cash3.1Total debt28.8Net cash (debt)−25.7Shareholders’ equity160.3Debt to equity0.18Fiscal year 2020Cash2.2Total debt28.3Net cash (debt)−26.1Shareholders’ equity178.3Debt to equity0.16Fiscal year 2021Cash46.6Shareholders’ equity193.5Fiscal year 2022Cash77.1Shareholders’ equity225.9Fiscal year 2023Cash45.5Shareholders’ equity230.4Fiscal year 2024Cash32.2Shareholders’ equity222.8Fiscal year 2025Cash3.3Shareholders’ equity182.7Fiscal year 2026Cash16.3Shareholders’ equity169.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 25.5 7.1 3.1 2.2 46.6 77.1 45.5 32.2 3.3 16.3
Total debt 0.8 1.5 28.8 28.3 n/a n/a n/a n/a n/a n/a
Net cash (debt) 24.7 5.6 −25.7 −26.1 n/a n/a n/a n/a n/a n/a
Shareholders’ equity 111.2 136.1 160.3 178.3 193.5 225.9 230.4 222.8 182.7 169.0
Debt to equity 0.01 0.01 0.18 0.16 n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending February, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 29 Jan 2017 FY2018 28 Jan 2018 FY2019 3 Feb 2019 FY2020 2 Feb 2020 FY2021 31 Jan 2021 FY2022 30 Jan 2022 FY2023 29 Jan 2023 FY2024 28 Jan 2024 FY2025 2 Feb 2025 FY2026 1 Feb 2026
Assets
25.5 7.1 3.1 2.2 46.6 77.1 45.5 32.2 3.3 16.3
0.0 0.1 4.6 1.5 2.8 5.5 6.0 6.0 4.0 2.7
70.4 89.5 97.7 147.8 149.1 122.7 154.9 125.8 166.5 131.3
52.4 109.7 167.1 137.1 124.2 110.1 116.5 132.7 111.6 96.9
0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 n/a n/a
156.0 223.1 295.3 474.1 514.9 515.6 527.5 491.2 452.4 402.6
Growth +43.0% +32.4% +60.5% +8.6% +0.1% +2.3% −6.9% −7.9% −11.0%
Liabilities
0.7 0.1 0.5 0.6 n/a n/a n/a n/a n/a n/a
0.0 1.4 28.3 27.8 n/a n/a n/a n/a n/a n/a
calc 0.8 1.5 28.8 28.3 n/a n/a n/a n/a n/a n/a
42.2 83.8 135.2 297.9 324.5 292.8 300.3 271.5 272.8 236.5
Equity
24.7 48.1 70.6 87.6 101.2 130.9 133.2 121.4 77.7 61.3
111.2 136.1 160.3 178.3 193.5 225.9 230.4 222.8 182.7 169.0
Growth +22.4% +17.8% +11.2% +8.5% +16.8% +2.0% −3.3% −18.0% −7.5%
Per share and net cash
calc 24.7 5.6 −25.7 −26.1 n/a n/a n/a n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how.