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.



