The latest announcement is out from Duluth Holdings ( (DLTH) ).
On April 28, 2025, Duluth Holdings Inc. entered into a new Credit Agreement with BMO Bank N.A. and other financial institutions, allowing for borrowings up to $100 million under an asset-based revolving senior credit facility. This agreement, which replaces a previous facility at a lower interest rate, is secured by a first-priority perfected security interest in the company’s assets and will mature on April 28, 2030. The new facility is expected to provide Duluth Holdings with increased flexibility and liquidity, particularly for financing seasonal inventory builds.
Spark’s Take on DLTH Stock
According to Spark, TipRanks’ AI Analyst, DLTH is a Neutral.
Duluth Holdings is navigating significant financial and operational challenges, with declining revenues and profitability. The technical analysis suggests a bearish trend, and the valuation is unattractive due to negative earnings. Despite some positive strategic initiatives and leadership changes, the overall outlook remains cautious, with financial performance being the primary concern.
To see Spark’s full report on DLTH stock, click here.
More about Duluth Holdings
YTD Price Performance: -40.41%
Average Trading Volume: 53,645
Technical Sentiment Signal: Buy
Current Market Cap: $62.63M
Learn more about DLTH stock on TipRanks’ Stock Analysis page.