DULUTH HOLDINGS INC. (DLTH) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does DULUTH HOLDINGS INC. Do?
Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank, Wild Boar Mocs, and Buck Naked. The company markets its products through its Website, catalogs, and retail stores. As of January 30, 2022, it operated 62 retail stores and three outlet stores. The company was formerly known as GEMPLER'S, Inc. Duluth Holdings Inc. was founded in 1989 and is headquartered in Mount Horeb, Wisconsin. DULUTH HOLDINGS INC. (DLTH) is classified as a micro-cap stock in the Consumer Discretionary sector, specifically within the Retail industry. The company is led by CEO Samuel M. Sato and employs approximately 3,010 people, headquartered in Belleville, Wisconsin. With a market capitalization of $113M, DLTH is one of the notable companies in the Consumer Discretionary sector.
DULUTH HOLDINGS INC. (DLTH) Stock Rating — Reduce (April 2026)
As of April 2026, DULUTH HOLDINGS INC. receives a Reduce rating with a composite score of 36.1/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.DLTH ranks #2,414 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, DULUTH HOLDINGS INC. ranks #245 of 442 stocks, placing it in the lower half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
DLTH Stock Price and 52-Week Range
DULUTH HOLDINGS INC. (DLTH) currently trades at $3.29. The stock lost $0.02 (0.6%) in the most recent trading session. The 52-week high for DLTH is $4.66, which means the stock is currently trading -29.4% from its annual peak. The 52-week low is $1.58, putting the stock 108.2% above its annual trough. Recent trading volume was 65K shares, suggesting relatively thin trading activity.
Is DLTH Overvalued or Undervalued? — Valuation Analysis
DULUTH HOLDINGS INC. (DLTH) carries a value factor score of 41/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 15.33x, compared to the Consumer Discretionary sector average of 24.47x — a discount of 37%. The price-to-book ratio stands at 0.73x, versus the sector average of 1.99x. The price-to-sales ratio is 0.25x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, DLTH trades at 10.89x EV/EBITDA, versus 4.91x for the sector.
Overall, DLTH's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
DULUTH HOLDINGS INC. Profitability — ROE, Margins, and Quality Score
DULUTH HOLDINGS INC. (DLTH) earns a quality factor score of 42/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -15.7%, compared to the Consumer Discretionary sector average of 6.2%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -6.5% versus the sector average of 2.5%.
On a margin basis, DULUTH HOLDINGS INC. reports gross margins of 53.8%, compared to 36.9% for the sector. The operating margin is -4.0% (sector: 3.8%). Net profit margin stands at -5.4%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at -9.6% on a trailing basis, compared to 3.3% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
DLTH Debt, Balance Sheet, and Financial Health
DULUTH HOLDINGS INC. has a debt-to-equity ratio of 142.0%, compared to the Consumer Discretionary sector average of 89.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.59x, suggesting adequate working capital coverage.
DLTH has a beta of 1.60, meaning it is more volatile than the broader market — a $10,000 investment in DLTH would be expected to move 59.5% more than the S&P 500 on any given day. The stability factor score for DULUTH HOLDINGS INC. is 19/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
DULUTH HOLDINGS INC. Revenue and Earnings History — Quarterly Trend
In TTM 2026, DULUTH HOLDINGS INC. reported revenue of $491M and earnings per share (EPS) of $-0.47. Net income for the quarter was $-26M. Gross margin was 53.8%. Operating income came in at $-20M.
In FY 2026, DULUTH HOLDINGS INC. reported revenue of $565M and earnings per share (EPS) of $-0.47. Net income for the quarter was $-16M. Gross margin was 53.4%. Revenue grew -9.8% year-over-year compared to FY 2025. Operating income came in at $-10M.
In Q3 2026, DULUTH HOLDINGS INC. reported revenue of $115M and earnings per share (EPS) of $-0.29. Net income for the quarter was $-10M. Gross margin was 53.8%. Revenue grew -9.6% year-over-year compared to Q3 2025. Operating income came in at $-9M.
In Q2 2025, DULUTH HOLDINGS INC. reported revenue of $142M and earnings per share (EPS) of $-0.06. Net income for the quarter was $-2M. Gross margin was 54.7%. Operating income came in at $-2M.
Over the past 8 quarters, DULUTH HOLDINGS INC. has demonstrated a growth trajectory, with revenue expanding from $127M to $491M. Investors analyzing DLTH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
DLTH Dividend Yield and Income Analysis
DULUTH HOLDINGS INC. (DLTH) does not currently pay a dividend. This is common among smaller companies in the Retail industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
DLTH Momentum and Technical Analysis Profile
DULUTH HOLDINGS INC. (DLTH) has a momentum factor score of 46/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 36/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 4/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
DLTH vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, DULUTH HOLDINGS INC. (DLTH) ranks #245 out of 442 stocks based on the Blank Capital composite score. This places DLTH in the lower half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing DLTH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DLTH vs S&P 500 (SPY) comparison to assess how DULUTH HOLDINGS INC. stacks up against the broader market across all factor dimensions.
DLTH Next Earnings Date
No upcoming earnings date has been announced for DULUTH HOLDINGS INC. (DLTH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy DLTH? — Investment Thesis Summary
The quantitative profile for DULUTH HOLDINGS INC. suggests caution. High volatility (stability score 19/100) increases portfolio risk.
In summary, DULUTH HOLDINGS INC. (DLTH) earns a Reduce rating with a composite score of 36.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DLTH stock.
Related Resources for DLTH Investors
Explore more research and tools: DLTH vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DLTH head-to-head with peers: DLTH vs MCRI, DLTH vs CASY, DLTH vs IMKTA.