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Saturday 17 October 2026 Export DLTH’s income statement to Excel — free account

Duluth Holdings Inc.

DLTH Consumer Cyclical Apparel Retail

Duluth Holdings Inc.’s revenue for fiscal 2026 (year ended January 2026) was $565.2 million, down 9.81% from fiscal 2025. In the quarter to July 2026, revenue fell 7.84%, EPS grew 1,200.0%, free cash flow fell 5.47% and total debt fell 41.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

4.01 0.01 +0.25%
Market cap
$152.0M
P/E
25.1×
Fwd P/E
−6.9×
Dividend yield
—
F-score
5/9
Altman Z
1.94
Beneish M
−3.29
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.06
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 1 — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 62.89%

Capital & Financial Ratios $m

Market Cap 152.02
Revenue 550.75
Net Income 6.09
Free Cash Flow 57.54
Net Debt 23.65
Current Ratio 1.88 (at or above 1.5: strong)
Debt/Equity 0.29 (at or below 0.5: strong)
P/E ratio 25.06
Fwd P/E (6.92) (negative: loss-making)
P/S ratio 0.26
P/B ratio 0.81
Past 5Y EPS Growth —
This Y EPS Growth 72.09% (at or above 15%: strong)
Next Y EPS Growth 79.17% (at or above 15%: strong)
Next Y revenue growth (3.25%) (below 0%: weak)
Next 5Y EPS Growth 25.00% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.3×, against a ten-year median of 0.6×; over the ten years it ranged from 0.2× in 2025 to 3.1× in 2016.
P/E against its own 10 years 49.95%
10-year low 10-year high
P/S against its own 10 years 25.73%
10-year low 10-year high
P/B against its own 10 years 26.54%
10-year low 10-year high
EV/Sales against its own 10 years 16.26%
10-year low 10-year high
EV/FCF against its own 10 years 5.03%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2018 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 32 3 16 27
Receivables 7 4 3 2
Inventory 126 167 131 125
Other — — — —
181 192 172 183
2024 2025 2026 Q'26
Payables 51 74 48 47
ST’ Debt 1 1 1 1
Other — — — —
106 129 108 97

Compound Annual Growth %

10y 5y 3y
Sales 6.39% (2.42%) (4.72%)
Cash Flow 5.45% (13.79%) 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 6.26% (2.70%) (9.91%)

Revenue $m

Apr Jul Oct Jan Year
’26 99 121 — — —
’26 103 132 115 216 565
’25 117 142 127 241 627
’24 124 139 138 246 647
’23 123 142 147 242 653
’22 133 149 145 271 699
’21 110 137 136 256 639
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Apr Jul Oct Jan Year
’26 (13) 29 — — —
’26 (56) 32 (7) 55 24
’25 (34) 17 (41) 41 (17)
’24 (14) 13 (30) 70 39
’23 (32) (9) (10) 50 (1)
’22 12 14 6 59 92
’21 (33) 21 (16) 79 51
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Apr Jul Oct Jan Year
’26 (15) 28 — — —
’26 (58) 30 (9) 54 17
’25 (35) 15 (44) 39 (25)
’24 (35) 3 (38) 61 (10)
’23 (36) (24) (15) 47 (28)
’22 10 11 2 58 82
’21 (38) 16 (18) 79 38
Fiscal quarters ending in the months shown.

EPS $

Apr Jul Oct Jan Year
’26 (0.29) 0.50 — — —
’26 (0.45) 0.04 (0.29) 0.22 (0.47)
’25 (0.24) (0.06) (0.85) (0.17) (1.31)
’24 (0.12) (0.06) (0.32) 0.21 (0.28)
’23 (0.04) 0.07 (0.19) 0.23 0.07
’22 0.02 0.27 0.09 0.53 0.90
’21 (0.47) 0.18 0.03 0.67 0.42
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to January

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 15.13 15.96 7.51 2.82 10.31 5.64 4.65 2.81 1.58 2.02

Analyst estimates 2027–2029

Powerpack
High 26.99 35.67 26.87 17.30 20.78 15.90 7.88 5.50 4.66 5.09
People
People Employees 1,627 2,172 2,794 3,004 2,977 3,011 2,546 2,323 2,248 2,057
Revenue/emp, $m 0.23 0.22 0.20 0.20 0.21 0.23 0.26 0.28 0.28 0.27
Income, $m
Income, $m Revenue 376 471 568 616 639 699 653 647 627 565
Gross margin, % 56.94 55.37 54.64 53.30 51.90 54.01 52.57 50.25 49.23 53.37
EBT 35 36 32 24 18 39 3 (13) (41) (15)
EBT margin, % 9.32 7.53 5.57 3.89 2.82 5.65 0.45 (1.98) (6.58) (2.67)
Net income 22 24 23 18 13 30 2 (10) (44) (16)
Depreciation 5 7 13 22 29 29 31 32 32 25
Per share, $
Per share, $ Revenue 11.93 14.80 17.71 19.05 19.69 21.42 19.93 19.62 18.78 16.33
Earnings 0.68 0.73 0.73 0.59 0.42 0.91 0.07 (0.28) (1.31) (0.47)
Cash flow 0.64 0.94 0.97 0.26 1.56 2.82 (0.04) 1.17 (0.51) 0.70
Capex (0.91) (1.46) (1.65) (0.95) (0.38) (0.32) (0.82) (1.49) (0.25) (0.22)
Free cash flow (0.27) (0.52) (0.68) (0.69) 1.19 2.50 (0.87) (0.32) (0.76) 0.48
Book value 3.61 4.37 4.99 5.45 5.87 6.83 6.93 6.67 5.38 4.80
Shares, m 32 32 32 32 32 33 33 33 33 35
Valuation, ×
Valuation, × P/E 33.95 24.46 32.71 14.32 30.78 16.39 95.00 0.00 0.00 0.00
P/S 1.90 1.19 1.35 0.44 0.64 0.70 0.33 0.25 0.16 0.15
P/B 6.27 4.03 4.79 1.55 2.15 2.21 0.96 0.73 0.54 0.50
EV/Sales 1.84 1.24 1.47 0.61 0.76 0.69 0.36 0.29 0.24 0.21
EV/FCF (82.34) (35.32) (38.00) (16.75) 12.53 5.91 (8.32) (18.17) (5.94) 7.18
Cash, $m
Cash, $m Operating cash flow 20 30 31 8 51 92 (1) 39 (17) 24
Capex (29) (46) (53) (31) (12) (10) (27) (49) (8) (8)
Free cash flow (8) (17) (22) (22) 38 82 (28) (10) (25) 17
Balance, $m
Balance, $m Working capital 66 52 66 82 114 107 103 75 63 64
Total debt 4 28 68 105 119 68 64 60 56 52
Net debt (20) 25 68 103 73 (9) 19 28 53 36
Shareholders’ equity 114 139 160 176 190 223 227 220 180 166
Returns, %
Returns, % ROA 15.41 12.32 8.93 4.92 2.75 5.76 0.44 (1.95) (9.26) (3.83)
ROIC 23.30 14.08 10.20 6.30 5.75 12.93 1.58 (2.41) (9.92) (3.14)
ROE 20.87 18.45 15.47 11.26 7.41 14.38 1.02 (4.44) (21.87) (9.48)
Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Charts ten years each

Duluth Holdings Inc. vs peers in Apparel Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SHOE Shoe Station Group Inc. $376.2M 15.5× 11.0× −7.21% (below 0%: shrinking) −67.14% (below 0%: shrinking) +197.41% (above 0%: growing) 31.87% 2.68% Compare
JILL J.Jill, Inc. $366.8M 13.5× 6.4× +0.55% (above 0%: growing) +62.32% (above 0%: growing) +165.10% (above 0%: growing) 76.85% 15.68% Compare
SFIX Stitch Fix, Inc. $342.0M — (loss-making) — (loss-making) +4.24% (above 0%: growing) n/m +58.59% (above 0%: growing) 43.58% (1.35%) Compare
LE Lands' End, Inc. $303.7M 0.9× 11.0× +2.71% (above 0%: growing) n/m −285.49% (below 0%: shrinking) 51.99% 4.12% Compare
CURV Torrid Holdings Inc. $244.3M — (loss-making) — (loss-making) −11.83% (below 0%: shrinking) +226.80% (above 0%: growing) −120.82% (below 0%: shrinking) 38.73% 6.27% Compare
ZUMZ Zumiez Inc. $221.4M 17.4× 20.2× −2.48% (below 0%: shrinking) n/m −124.82% (below 0%: shrinking) 35.34% (0.63%) Compare
DLTH Duluth Holdings Inc. $152.0M 25.1× — (loss-making) −7.84% (below 0%: shrinking) +1,200.00% (above 0%: growing) −5.47% (below 0%: shrinking) 72.79% 15.53%
TLYS Tilly's, Inc. $143.8M 65.7× — (loss-making) +8.10% (above 0%: growing) +154.55% (above 0%: growing) +55.77% (above 0%: growing) 35.53% 5.00% Compare
AKA a.k.a. Brands Holding Corp. $111.9M — (loss-making) — (loss-making) −0.28% (below 0%: shrinking) n/m +146.22% (above 0%: growing) 61.13% 0.73% Compare
Median of peers $274.0M 15.5× 11.0× +0.13% +108.44% +57.18% 41.15% 3.40%

All 32 Apparel Retail stocks →

Duluth Holdings Inc. (DLTH) key facts

  • Concern: Duluth Holdings Inc.’s revenue for fiscal 2026 (year ended January 2026) was $565.2 million, down 9.81% from fiscal 2025.
  • Duluth Holdings Inc. (DLTH) is an Apparel Retail company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, DLTH traded at $4.01, a market capitalization of $152.0 million.
  • Return on equity was −9.48% and debt-to-equity 0.29.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.94 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Duluth Holdings Inc. (DLTH) Latest News

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stockrow.com/DLTH · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com