{"url_path":"/sec/dlth/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1649744/0001193125-26-263821-index.html","accession_number":"0001193125-26-263821","cik":"0001649744","ticker":"DLTH","issuer_name":"DULUTH HOLDINGS INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1649744/0001193125-26-263821-index.html","primary_entity_key":"0001649744","primary_entity_name":"DULUTH HOLDINGS 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of Contents](#toc_page)\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n \n\n \n\nFORM 10-Q\n\n \n\n \n\n☑\n\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the quarterly period ended May 3, 2026\n\n \n\nOR\n\n \n\n☐\n\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the transition period from _______ to _______\n\n \n\nCommission File Number 001-37641\n\n \n\n \n\nDULUTH HOLDINGS INC.\n\n(Exact name of registrant as specified in its charter)\n\n \n\n \n\nWisconsin\n\n39-1564801\n\n(State or other jurisdiction of\n\nincorporation or organization)\n\n(I.R.S. Employer\n\nIdentification Number)\n\n \n\n \n\n201 East Front Street\n\nMount Horeb, Wisconsin\n\n \n\n53572\n\n(Address of principal executive offices)\n\n(Zip Code)\n\n \n\n(608) 424-1544\n\n(Registrant’s telephone number, including area code)\n\n \n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n\nTrading Symbol(s)\n\nName of each exchange on which registered\n\nClass B Common Stock, No Par Value\n\nDLTH\n\nNASDAQ Global Select Market\n\n \n\nIndicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge Accelerated Filer\n\n☐\n\nAccelerated Filer\n\n☐\n\nNon-accelerated Filer\n\n☑\n\nSmaller Reporting Company\n\n☑\n\n \n\n \n\nEmerging Growth Company\n\n☐\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑\n\nThe number of shares outstanding of the Registrant’s Class A common stock, no par value, as of June 8, 2026, was 3,364,200.\n\nThe number of shares outstanding of the Registrant’s Class B common stock, no par value, as of June 8, 2026, was 34,637,871.\n\n \n\n[Table of Contents](#toc_page)\n\nDULUTH HOLDINGS INC.\n\nQUARTERLY REPORT ON FORM 10-Q\n\nFOR QUARTER ENDED May 3, 2026\n\nINDEX\n\n \n\n \n\n[Part I—Financial Information](#part_i_financial_information)\n\nPage\n\n[Item 1.](#item_1_financial_statements)\n\n[Financial Statements](#item_1_financial_statements)\n\n3\n\n \n\n[Condensed Consolidated Balance Sheets as of May 3, 2026 and February 1, 2026 (Unaudited)](#condensed_consolidated_balance_sheets)\n\n3\n\n \n\n[Condensed Consolidated Statements of Operations for the three months ended May 3, 2026 and May 4, 2025 (Unaudited)](#consolidated_statements_of_operations)\n\n4\n\n \n\n[Condensed Consolidated Statements of Comprehensive Income (Loss) for the three months ended May 3, 2026 and May 4, 2025 (Unaudited)](#consolidate_stmt_of_comprehensive_income)\n\n5\n\n \n\n[Condensed Consolidated Statement of Shareholders’ Equity for the three months ended May 3, 2026 (Unaudited)](#consolidated_stmt_of_shareholder_equity)\n\n6\n\n \n\n[Condensed Consolidated Statement of Shareholders’ Equity for the three months ended May 4, 2025 (Unaudited)](#consolidate_stmt_of_shareholder_equity_2)\n\n7\n\n \n\n[Condensed Consolidated Statements of Cash Flows for the three months ended May 3, 2026 and May 4, 2025 (Unaudited)](#consolidated_statements_of_cash_flows)\n\n8\n\n \n\n[Notes to Condensed Consolidated Financial Statements (Unaudited)](#notes_consolidated_financial_statements)\n\n9\n\n[Item 2.](#item_2_mda)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#item_2_mda)\n\n20\n\n[Item 3.](#item_3_quantitative_and_qualitative)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#item_3_quantitative_and_qualitative)\n\n26\n\n[Item 4.](#item_4_controls_and_procedures)\n\n[Controls and Procedures](#item_4_controls_and_procedures)\n\n26\n\n \n\n[Part II—Other Information](#part_ii_other_information)\n\n \n\n[Item 1.](#item_1_legal_proceedings)\n\n[Legal Proceedings](#item_1_legal_proceedings)\n\n26\n\n[Item 1A.](#item_1a_risk_factors)\n\n[Risk Factors](#item_1a_risk_factors)\n\n26\n\n[Item 2.](#item_2_unregistered_sales_of_equity)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#item_2_unregistered_sales_of_equity)\n\n26\n\n[Item 5.](#item_5_other_information)\n\n[Other Information](#item_5_other_information)\n\n26\n\n[Item 6.](#item_6_exhibits)\n\n[Exhibits](#item_6_exhibits)\n\n27\n\n \n\n \n\n \n\n[Signatures](#signatures)\n\n \n\n28\n\n \n\n \n\n2\n\n \n\n[Table of Contents](#toc_page)\n\nPART I. FINANCIAL INFORMATION"}