DULUTH HOLDINGS INC. - 8-K Filing
Duluth Holdings Inc. reported a first-quarter net loss of $10.0 million for the period ended May 3, 2026, compared to $15.3 million in the prior year quarter. Adjusted EBITDA increased by $6.4 million from last year to $2.6 million, driven by gross margin expansion of 540 basis points to 57.4%. The company also reduced inventory by 24.8% and maintained strong liquidity with approximately $100 million in net liquidity. (Items: 2.02 Results of Operations and Financial Conditions, 9.01 Financial Statements and Exhibits)
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