Financial Snapshot

Revenue
$631.0M
TTM
Gross Margin
51.39%
TTM
Net Earnings
-$33.17M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
129.78%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$185.1M
Q4 2024
Cash
Q4 2024
P/E
-3.929
Nov 29, 2024 EST
Free Cash Flow
$40.32M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $646.7M $653.3M $698.6M $638.8M $615.6M $568.1M $471.4M $376.1M $304.2M $231.9M $163.1M
YoY Change -1.01% -6.48% 9.36% 3.76% 8.37% 20.5% 25.35% 23.64% 31.18% 42.18%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $646.7M $653.3M $698.6M $638.8M $615.6M $568.1M $471.4M $376.1M $304.2M $231.9M $163.1M
Cost Of Revenue $321.7M $309.9M $321.3M $307.3M $287.5M $257.7M $210.4M $162.0M $130.6M $100.9M $71.10M
Gross Profit $325.0M $343.4M $377.3M $331.5M $328.1M $310.4M $261.0M $214.1M $173.5M $131.0M $92.00M
Gross Profit Margin 50.25% 52.57% 54.01% 51.9% 53.3% 54.64% 55.37% 56.94% 57.03% 56.49% 56.41%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin $333.8M $337.2M $333.2M $307.3M $300.0M $273.2M $223.9M $179.1M $144.4M $107.0M $75.80M
YoY Change -1.01% 1.19% 8.43% 2.42% 9.82% 22.0% 25.01% 24.06% 34.95% 41.16%
% of Gross Profit 102.72% 98.19% 88.31% 92.7% 91.43% 88.02% 85.8% 83.66% 83.23% 81.68% 82.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.16M $26.70M $25.10M $24.20M $19.20M $12.59M $7.330M $4.700M $2.840M $1.820M $1.250M
YoY Change 20.45% 6.37% 3.72% 26.04% 52.5% 71.76% 55.96% 65.49% 56.04% 45.6%
% of Gross Profit 9.9% 7.77% 6.65% 7.3% 5.85% 4.06% 2.81% 2.19% 1.64% 1.39% 1.36%
Operating Expenses $333.8M $337.2M $333.2M $307.3M $300.0M $273.2M $223.9M $179.1M $144.4M $106.9M $75.80M
YoY Change -1.01% 1.19% 8.43% 2.42% 9.82% 22.0% 25.01% 24.06% 35.08% 41.03%
Operating Profit -$8.833M $6.231M $44.10M $24.22M $28.11M $37.18M $37.07M $35.00M $29.10M $24.10M $16.20M
YoY Change -241.76% -85.87% 82.11% -13.85% -24.4% 0.29% 5.92% 20.28% 20.75% 48.77%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense -$4.156M $3.653M $4.717M $6.263M $4.471M $5.949M $1.988M $194.0K -$300.0K -$300.0K -$200.0K
YoY Change -213.77% -22.56% -24.68% 40.08% -24.84% 199.25% 924.74% -164.67% 0.0% 50.0%
% of Operating Profit 58.63% 10.7% 25.86% 15.91% 16.0% 5.36% 0.55% -1.03% -1.24% -1.23%
Other Income/Expense, Net $923.0K $376.0K $55.00K $65.00K $291.0K $383.0K $421.0K $247.0K $200.0K $400.0K $100.0K
YoY Change 145.48% 583.64% -15.38% -77.66% -24.02% -9.03% 70.45% 23.5% -50.0% 300.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income -$12.07M $2.954M $39.44M $18.02M $23.93M $31.62M $35.51M $35.05M $29.00M $24.10M $16.10M
YoY Change -508.46% -92.51% 118.89% -24.7% -24.31% -10.96% 1.29% 20.88% 20.33% 49.69%
Income Tax -$2.693M $708.0K $9.887M $4.637M $5.429M $8.450M $11.88M $13.53M $1.300M
% Of Pretax Income 23.97% 25.07% 25.74% 22.69% 26.73% 33.45% 38.58% 4.48%
Net Earnings -$9.356M $2.304M $29.70M $13.58M $18.92M $23.16M $23.35M $21.32M $27.40M $23.60M $15.50M
YoY Change -506.08% -92.24% 118.77% -28.24% -18.29% -0.84% 9.55% -22.21% 16.1% 52.26%
Net Earnings / Revenue -1.45% 0.35% 4.25% 2.13% 3.07% 4.08% 4.95% 5.67% 9.01% 10.18% 9.5%
Basic Earnings Per Share -$0.28 $0.07 $0.91 $0.42 $0.59
Diluted Earnings Per Share -$0.28 $0.07 $0.90 $0.42 $0.58 $718.3K $724.5K $661.5K $1.054M $983.3K $654.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments $32.16M $45.55M $77.05M $47.20M $2.100M $700.0K $2.900M $24.00M $37.90M $7.900M $7.500M
YoY Change -29.4% -40.89% 63.24% 2147.62% 200.0% -75.86% -87.92% -36.68% 379.75% 5.33%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $16.49M $19.39M $15.11M $8.700M $8.800M $15.10M $9.000M $6.500M $5.100M $4.000M $3.000M
YoY Change -14.95% 28.32% 73.66% -1.14% -41.72% 67.78% 38.46% 27.45% 27.5% 33.33%
Inventory $125.8M $154.9M $122.7M $149.1M $147.8M $97.70M $89.50M $70.40M $55.30M $41.40M $30.80M
Prepaid Expenses
Receivables $5.955M $6.041M $7.690M $5.300M $3.400M $0.00 $100.0K $0.00 $0.00 $0.00 $0.00
Other Receivables $617.0K $0.00 $0.00 $0.00 $0.00 $4.600M $200.0K $400.0K $100.0K $100.0K $500.0K
Total Short-Term Assets $181.0M $225.9M $222.5M $210.3M $162.2M $118.2M $101.8M $101.2M $98.40M $53.40M $41.70M
YoY Change -19.89% 1.52% 5.81% 29.65% 37.23% 16.11% 0.59% 2.85% 84.27% 28.06%
Property, Plant & Equipment $294.5M $287.3M $281.1M $295.2M $304.2M $167.1M $109.7M $52.40M $21.50M $16.90M $13.00M
YoY Change 2.5% 2.19% -4.77% -2.96% 82.05% 52.32% 109.35% 143.72% 27.22% 30.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.986M $5.539M $6.554M $6.100M $6.400M $6.300M $6.300M
YoY Change -9.98% -15.49% 7.44% -4.69% 1.59% 0.0%
Other Assets $10.03M $8.727M $4.705M $3.300M $600.0K $3.000M $4.800M $1.900M $300.0K $300.0K $300.0K
YoY Change 14.93% 85.48% 42.58% 450.0% -80.0% -37.5% 152.63% 533.33% 0.0% 0.0%
Total Long-Term Assets $309.5M $301.6M $293.0M $305.3M $311.9M $177.1M $121.3M $54.80M $22.20M $17.50M $13.80M
YoY Change 2.63% 2.91% -4.02% -2.12% 76.12% 46.0% 121.35% 146.85% 26.86% 26.81%
Total Assets $490.5M $527.5M $515.5M $515.6M $474.1M $295.3M $223.1M $156.0M $120.6M $70.90M $55.50M
YoY Change
Accounts Payable $51.12M $56.55M $45.40M $33.60M $33.10M $25.40M $17.30M $9.300M $10.60M $14.20M $9.900M
YoY Change -9.59% 24.55% 35.13% 1.51% 30.31% 46.82% 86.02% -12.26% -25.35% 43.43%
Accrued Expenses $47.33M $56.39M $48.80M $38.30M $30.20M $17.60M $15.90M $10.70M $9.300M $8.000M $6.500M
YoY Change -16.06% 15.54% 27.42% 26.82% 71.59% 10.69% 48.6% 15.05% 16.25% 23.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.996M $3.610M $3.394M $5.800M $3.200M $500.0K $100.0K $700.0K $700.0K $1.400M $900.0K
YoY Change 10.69% 6.36% -41.48% 81.25% 540.0% 400.0% -85.71% 0.0% -50.0% 55.56%
Total Short-Term Liabilities $102.4M $118.3M $116.0M $95.70M $79.80M $52.60M $50.30M $35.10M $24.70M $27.60M $19.70M
YoY Change -13.4% 1.99% 21.21% 19.92% 51.71% 4.57% 43.3% 42.11% -10.51% 40.1%
Long-Term Debt $59.42M $63.34M $66.88M $116.3M $103.5M $67.90M $28.00M $3.400M $4.300M $4.300M $4.200M
YoY Change -6.19% -5.29% -42.5% 12.37% 52.43% 142.5% 723.53% -20.93% 0.0% 2.38%
Other Long-Term Liabilities $106.4M $117.4M $107.1M $104.3M $106.1M $5.000M $3.400M $2.100M $1.100M $800.0K $300.0K
YoY Change -9.33% 9.59% 2.68% -1.7% 2022.0% 47.06% 61.9% 90.91% 37.5% 166.67%
Total Long-Term Liabilities $165.8M $180.7M $174.0M $220.6M $209.6M $72.90M $31.40M $5.500M $5.400M $5.100M $4.500M
YoY Change -8.23% 3.87% -21.14% 5.25% 187.52% 132.17% 470.91% 1.85% 5.88% 13.33%
Total Liabilities $265.2M $297.0M $289.7M $322.1M $295.8M $135.0M $87.00M $44.80M $31.80M $34.20M $25.20M
YoY Change -10.71% 2.54% -10.07% 8.89% 119.11% 55.17% 94.2% 40.88% -7.02% 35.71%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding 32.96M 32.77M 32.62M 32.45M 32.31M
Diluted Shares Outstanding 32.96M 32.99M 32.85M 32.58M 32.37M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $130.33 Million

About DULUTH HOLDINGS INC.

Duluth Holdings, Inc. engages in the provision of lifestyle brand of men and women casual wear, work wear, and accessories. The company is headquartered in Mount Horeb, Wisconsin and currently employs 950 full-time employees. The company went IPO on 2015-11-20. The Company’s product assortment includes shirts, pants, shorts, underwear, outerwear, footwear, accessories, and hard goods. Its products feature proprietary designs and distinct names, such as its Longtail T shirts, Buck Naked underwear, Fire Hose work pants, and No-Yank Tank. The Company’s product assortment appeals to its customers for their everyday and on-the-job use. The Company’s omnichannel services include order-in-store, buy-online-pickup-in-store, and ship-from-store as well as retail store and mobile shopping experiences. The Company’s products are marketed under the Duluth Trading Company brand, with many of the products being exclusively developed and sold as Duluth Trading branded merchandise. The firm operates 62 retail stores and three outlet stores.

Industry: Retail-Apparel & Accessory Stores Peers: AMAZON COM INC 1stdibs.com, Inc. Bark, Inc. CarParts.com, Inc. Quotient Technology Inc. Groupon, Inc. LANDS' END, INC. Porch Group, Inc. RumbleOn, Inc. ThredUp Inc.