$DLTH

Duluth Holdings Q2 Income Rises, Backs FY26 Revenue Outlook; Shares Up In Pre-Market

Duluth Holdings (DLTH) reported Q2 2026 net income of $18.36M ($0.50 per share), up from $1.26M ($0.04 per share) a year ago. Adjusted EBITDA rose to $27.02M, while net sales fell to $121.39M. The company maintained its FY26 net sales outlook of $540M-$560M but raised Adjusted EBITDA guidance to $38M-$42M. Shares rose 16.57% in pre-market trading.

Original reporting
Published Sep 3, 2026, 12:15 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 3, 2026, 12:27 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$DLTH
Bullish
high confidence
Mentioned
$DLTH
Relevance
7/10
AlphAI data visualization · based on rttnews.com
Decision brief

The 30-second read

$DLTHBullishHigh
01

Why it matters

The earnings beat and guidance raise provide a clear catalyst for short‑term traders, while the revenue decline warrants caution.

02

Market read

Strong earnings and upgraded guidance drive a notable pre‑market rally, creating a short‑term trading opportunity.

03

What to watch

Tariff refund impact is included in guidance; any reversal could affect earnings.

Relevance 7/10Novelty 8/10Timing: pre‑market today

Background

Duluth Holdings (DLTH) is a Nasdaq‑listed lifestyle apparel company focusing on workwear and outdoor gear.

Company-level read

Ticker impact

$DLTHBullishHigh confidence
Context

Duluth Holdings reported Q2 net income of $18.36M, raised FY2026 Adjusted EBITDA guidance to $38‑$42M and saw its shares jump 16.6% pre‑market.

Expected impact

Expect continued upside in intraday trading, with potential breakout above recent highs.

Evidence & confidence

Guidance raise and earnings beat are fresh, material information for a mid‑cap stock, and the pre‑market rally confirms market reaction.

Market effects

Positive signal for the workwear/apparel sector, suggesting demand resilience.

U.S. small‑cap apparel stocks may see modest lift.

Limited to U.S. equities; no broader macro impact.

Counterpoint

If the revenue decline continues, the guidance may be unsustainable, prompting a pull‑back.

Key entities

  • Duluth Holdings Inc.

    NASDAQ‑listed apparel retailer reporting Q2 2026 results.

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Duluth Holdings (DLTH) Q2 2026 Earnings Call Transcript

Duluth Holdings (DLTH) reported Q2 2026 net sales of $121.4M, down 7.8%, but net income rose to $18.4M, up $17.1M YoY, aided by $16.3M in tariff refunds. Adjusted EBITDA increased to $27M from $12M. Gross margin expanded to 72.8%, driven by cost reductions and price hikes. Inventory decreased 15.5%, with clearance inventory down 43.1%. The company raised its adjusted EBITDA guidance to $38M-$42M but reaffirmed net sales guidance of $540M-$560M.

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Duluth Trading Company reported Q2 FY26 net income of $18.4M, up from $1.3M YoY, despite a 7.8% sales decline to $121.4M. Gross margin expanded to 72.8%, aided by tariff refunds. Adjusted EBITDA more than doubled to $27M. The company raised FY26 adjusted EBITDA guidance to $38-42M and ended the quarter with $26.8M in cash and no debt.

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Duluth Holdings Inc. Q2 2026 Earnings Call Summary

Duluth Holdings Inc. reported Q2 2026 earnings, highlighting operational improvements and strategic shifts. The company achieved a 500 basis point gross margin increase and a 43% reduction in clearance inventory. However, the total customer base contracted due to promotion resets. The company expects third-quarter sales to be tempered by prior-year clearance events and projects second-half sales between -2% and +2%. Key financial factors include $16.3 million in tariff refunds and a 15.5% year-o

$DLTHHighAI 8/10

Why is Duluth Holdings stock surging today?

Duluth Holdings stock surged 18.8% in pre-market trading after reporting fiscal Q2 2026 results that exceeded expectations. The company reported net income of $18.4M, revenue of $121.39M, and adjusted EBITDA of $27.0M. Inventory decreased by 15.5%, and the company maintained its full-year revenue outlook of $540M-$560M. The stock's rise was attributed to company-specific news, as the broader market showed little movement.

$DLTHHigh

Duluth Holdings Inc. Announces Second Quarter 2026 Financial Results

DULUTH HOLDINGS INC. (DLTH) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Duluth Holdings Inc. Announces Second Quarter 2026 Financial Results Net Income improvement over prior year driven by gross margin expansion Continued improvement in working capital driven by a 15.5% reduction in inventory Strong balance sheet with approximately $96