Key Points
- SVP Richard Schlecht bought 10,502 shares on Dec. 24 at an average price of $2.22 (total $23,314.44), bringing his stake to 352,233 shares — a 3.07% increase in ownership.
- Recent quarter showed an EPS beat but ongoing losses: Duluth reported -$0.23 EPS vs. a -$0.56 estimate and $114.87M in revenue (below the $118.5M estimate), with a negative net margin (5.03%) and negative ROE (11.51%).
- Headline legal risk: A Schall Law Firm notice has invited investors to join a fraud investigation, posing potential litigation or regulatory downside that could pressure the stock.
Duluth Holdings Inc. (NASDAQ:DLTH - Get Free Report) SVP Richard Schlecht bought 10,502 shares of the company's stock in a transaction on Wednesday, December 24th. The stock was bought at an average price of $2.22 per share, with a total value of $23,314.44. Following the completion of the acquisition, the senior vice president owned 352,233 shares in the company, valued at $781,957.26. This represents a 3.07% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Duluth Stock Down 1.9%
Shares of NASDAQ DLTH opened at $2.07 on Tuesday. The company has a market capitalization of $76.03 million, a P/E ratio of -2.38 and a beta of 1.69. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.21. The company has a 50 day simple moving average of $2.84 and a 200-day simple moving average of $2.74. Duluth Holdings Inc. has a 1 year low of $1.58 and a 1 year high of $4.66.
Duluth (NASDAQ:DLTH - Get Free Report) last issued its quarterly earnings data on Tuesday, December 16th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.56) by $0.33. The firm had revenue of $114.87 million for the quarter, compared to analyst estimates of $118.50 million. Duluth had a negative net margin of 5.03% and a negative return on equity of 11.51%. During the same period in the previous year, the firm earned ($0.41) EPS. On average, equities research analysts predict that Duluth Holdings Inc. will post -0.56 earnings per share for the current year.
Institutional Trading of Duluth
Institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC lifted its stake in Duluth by 9.3% in the first quarter. Empowered Funds LLC now owns 101,447 shares of the company's stock valued at $177,000 after buying an additional 8,597 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of Duluth by 17.2% in the 3rd quarter. Blair William & Co. IL now owns 113,510 shares of the company's stock valued at $444,000 after acquiring an additional 16,678 shares during the period. Yarger Wealth Strategies LLC raised its position in Duluth by 124.5% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 32,419 shares of the company's stock valued at $68,000 after purchasing an additional 17,978 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in Duluth in the 3rd quarter valued at $85,000. Finally, International Assets Investment Management LLC acquired a new stake in Duluth during the 2nd quarter worth $50,000. 24.39% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Duluth
Here are the key news stories impacting Duluth this week:
- Positive Sentiment: Senior VP Richard W. Schlecht disclosed two recent open-market purchases (Dec 23 and Dec 24) totaling ~28,554 shares at roughly $2.17–$2.22, increasing his ownership and signalling insider confidence. This can support the share price by suggesting management views the stock as undervalued. Read More.
- Neutral Sentiment: Local retail/market news: Duluth Coffee Company plans to move its Superior Street cafe—local foot-traffic changes can marginally affect retail environment but are unlikely to meaningfully impact DLTH’s corporate performance. Read More.
- Neutral Sentiment: Other local developments (city policy, community events and sports) are of limited direct relevance to DLTH’s corporate results but set the regional context for consumer activity. Read More.
- Negative Sentiment: Law firm investigation: A Schall Law Firm notice invites DLTH investors to join a fraud investigation — this is the headline risk. Such notices often precede shareholder litigation or heightened regulatory scrutiny, which can depress the stock while uncertainty persists. Read More.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on DLTH. Robert W. Baird set a $5.00 price objective on Duluth in a research note on Wednesday, December 17th. Weiss Ratings restated a "sell (d-)" rating on shares of Duluth in a report on Tuesday, October 14th. Singular Research raised Duluth to a "strong-buy" rating in a research report on Monday, October 13th. Baird R W raised Duluth from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 5th. Finally, Wall Street Zen raised shares of Duluth to a "hold" rating in a report on Friday, November 28th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $5.00.
Read Our Latest Report on DLTH
Duluth Company Profile
(
Get Free Report)
Duluth Holdings Inc operates as a specialty retailer of workwear, outdoor apparel and accessories for men and women under the Duluth Trading Co name. The company's product line includes work pants, durable outerwear, performance-based shirts, base layers and specialized gear such as tool belts and backpacks. Duluth Trading Co focuses on combining practical functionality with style, targeting tradespeople, outdoor enthusiasts and anyone in need of rugged, long-lasting clothing.
Since its founding in 1989, Duluth Trading Co has grown from a regional catalog business into a national retail chain.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
