Duluth Holdings (DLTH)
NASDAQ:DLTH
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Earnings Data
Report Date
Aug 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.01Last Year’s EPS
0.03Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrays a company in the midst of a deliberate strategic turnaround: management has prioritized margin expansion, inventory and SKU rationalization, fulfillment consolidation, and balance sheet improvement, delivering meaningful margin and liquidity gains and a return to adjusted profitability. Those operational successes came with near-term top-line pressure—particularly in direct digital channels and certain product lines—driven by an intentional pullback from promotions and ongoing SKU rationalization. Management raised adjusted EBITDA guidance and signaled stabilization in the back half, but first-half sales are expected to be down meaningfully. Overall, the results indicate solid progress toward structural profitability and healthier unit economics, offset by near-term revenue declines and some one-time charges.Company Guidance
Gross Margin Expansion and Profitability Improvement
Gross margin expanded by ~540 basis points to 57.4% of net sales (from ~52% prior year), driving a 6.1% increase in gross profit dollars. Adjusted EBITDA turned positive at $2.6 million (improvement of $6.4 million vs. prior-year Q1). Adjusted EPS improved to negative $0.20 from negative $0.44 a year ago.
Promotion Reset Delivered Price Integrity
Total global promotional days were reduced by over 50% and depth of discount cut by ~700 basis points, which led to full-price sales growth of nearly 14%, average unit retail up 17% YoY and total average order value uplift of 16%.
Inventory and SKU Rationalization
Inventory declined by $43.7 million or 24.8% to $132.4 million versus prior year. SKUs were reduced by over 20%, spring/summer seasonal inventory cut by 42%, clearance dollars down 17.4% and clearance units down 22.3%, with store in-stock levels improving by ~900 basis points.
Stronger Liquidity and Free Cash Flow
Net liquidity improved to approximately $100 million versus $45 million a year ago. Free cash flow improved by $42.6 million compared to the same period last year.
SG&A and Operational Cost Discipline
SG&A decreased by $3.4 million or 5.2% to $61.8 million and leveraged 70 basis points as a percent of sales. Shipping/variable costs leveraged by 130 basis points due to fulfillment center consolidation and productivity gains; overhead expenses down 2%.
Channel and Product Wins
Retail stores delivered positive comps with store net sales up 3.3% to $41.5 million (driven by higher AOV and two new stores). Core collections (~2/3 of sales) grew 7% YoY. Specific product successes included strong performance in men's Buck Naked and growth in women's Heirloom Gardening bibs; first-layer and underwear collections showed double-digit growth.
Strategic Logistics Consolidation
Fulfillment network consolidated from 4 centers to 2 over the last 18 months, capturing fulfillment efficiencies and maximizing the automated Adairsville facility.
Raised Profitability Guidance
Full-year adjusted EBITDA guidance was raised to $28 million–$32 million (up from prior $26 million–$30 million) while maintaining net sales guidance of $540 million–$560 million.
Customer Experience and Quality of Revenue
Sales per customer increased 10% YoY and Net Promoter Score improved 16% year-over-year, indicating higher quality, more resilient customer engagement.
DLTH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DLTH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 08, 2026 | $3.32 | $4.31 | +29.82% |
Mar 19, 2026 | $2.17 | $3.14 | +44.70% |
Dec 16, 2025 | $3.13 | $2.21 | -29.39% |
Sep 04, 2025 | $2.36 | $3.59 | +52.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Duluth Holdings (DLTH) report earnings?
Duluth Holdings (DLTH) is schdueled to report earning on Aug 27, 2026, Before Open (Confirmed).
What is Duluth Holdings (DLTH) earnings time?
Duluth Holdings (DLTH) earnings time is at Aug 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DLTH EPS forecast?
DLTH EPS forecast for the fiscal quarter 2026 (Q2) is -0.01.