Duluth Holdings
Market Cap
US$503.4m
Last Updated
2020/10/30 23:40 UTC
Data Sources
Company Financials +
Executive Summary
Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with proven track record.
Share Price & News
How has Duluth Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DLTH's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-9.1%
DLTH
-1.1%
US Online Retail
-5.3%
US Market
1 Year Return
64.9%
DLTH
73.9%
US Online Retail
10.4%
US Market
Return vs Industry: DLTH underperformed the US Online Retail industry which returned 77% over the past year.
Return vs Market: DLTH exceeded the US Market which returned 12% over the past year.
Shareholder returns
| DLTH | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.1% | -1.1% | -5.3% |
| 30 Day | 25.5% | 3.4% | -2.1% |
| 90 Day | 107.6% | 7.4% | 1.7% |
| 1 Year | 64.9%64.9% | 74.0%73.9% | 12.9%10.4% |
| 3 Year | -14.8%-14.8% | 113.5%113.3% | 34.3%25.4% |
| 5 Year | n/a | 264.9%264.2% | 73.7%54.3% |
Price Volatility Vs. Market
How volatile is Duluth Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is Duluth Holdings Inc. (NASDAQ:DLTH) Trading At A 44% Discount?2 weeks ago | Simply Wall St
The Returns At Duluth Holdings (NASDAQ:DLTH) Provide Us With Signs Of What's To Come4 weeks ago | Simply Wall St
What Type Of Shareholders Make Up Duluth Holdings Inc.'s (NASDAQ:DLTH) Share Registry?Valuation
Is Duluth Holdings undervalued compared to its fair value and its price relative to the market?
47.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DLTH ($15.34) is trading below our estimate of fair value ($29.29)
Significantly Below Fair Value: DLTH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DLTH is poor value based on its PE Ratio (32.3x) compared to the US Online Retail industry average (31.7x).
PE vs Market: DLTH is poor value based on its PE Ratio (32.3x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: DLTH is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: DLTH is good value based on its PB Ratio (3x) compared to the US Online Retail industry average (4.5x).
Next Steps
Future Growth
How is Duluth Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
41.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLTH's forecast earnings growth (41.3% per year) is above the savings rate (2.2%).
Earnings vs Market: DLTH's earnings (41.3% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DLTH's revenue (7.8% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: DLTH's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DLTH's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Duluth Holdings performed over the past 5 years?
-1.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DLTH has high quality earnings.
Growing Profit Margin: DLTH's current net profit margins (2.5%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: DLTH's earnings have declined by 1.7% per year over the past 5 years.
Accelerating Growth: DLTH's earnings growth over the past year (29.3%) exceeds its 5-year average (-1.7% per year).
Earnings vs Industry: DLTH earnings growth over the past year (29.3%) exceeded the Online Retail industry 27.7%.
Return on Equity
High ROE: DLTH's Return on Equity (9%) is considered low.
Next Steps
Financial Health
How is Duluth Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DLTH's short term assets ($201.8M) exceed its short term liabilities ($84.1M).
Long Term Liabilities: DLTH's short term assets ($201.8M) do not cover its long term liabilities ($254.7M).
Debt to Equity History and Analysis
Debt Level: DLTH's debt to equity ratio (64.3%) is considered high.
Reducing Debt: DLTH's debt to equity ratio has increased from 35% to 64.3% over the past 5 years.
Debt Coverage: DLTH's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: DLTH's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Duluth Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DLTH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DLTH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DLTH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DLTH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DLTH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Steve Schlecht (73 yo)
1.17yrs
Tenure
US$316,211
Compensation
Mr. Stephen L. Schlecht, also known as Steve, is a Founder of Duluth Holdings Inc. and has been its Executive Chairman and Director of Duluth Holdings, Inc. since February 2, 2015 and since 1986 respective ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD316.21K) is below average for companies of similar size in the US market ($USD1.96M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 1.17yrs | US$316.21k | 35.11% $ 176.7m | |
| Senior VP | 3.25yrs | US$625.54k | 0.20% $ 988.5k | |
| VP & Chief Accounting Officer | 1.08yrs | no data | 0.031% $ 155.3k | |
| Senior VP of Supply Chain & Logistics and Chief Information Officer | 0.33yr | no data | 0.11% $ 559.9k | |
| Senior Vice President of Human Resources | 3.58yrs | no data | 0.14% $ 688.9k | |
| Senior Vice President of Product Development | 0.58yr | no data | 0.20% $ 992.0k |
1.1yrs
Average Tenure
51.5yo
Average Age
Experienced Management: DLTH's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 1.17yrs | US$316.21k | 35.11% $ 176.7m | |
| Independent Director | 5.08yrs | US$109.80k | 0.46% $ 2.3m | |
| Independent Director | 5.08yrs | US$112.00k | 0.21% $ 1.1m | |
| Independent Director | 5.08yrs | US$109.80k | 0.078% $ 391.7k | |
| Independent Director | 2.33yrs | US$98.25k | 0.058% $ 292.1k | |
| Independent Director | 5.08yrs | US$104.50k | 0.35% $ 1.8m | |
| Independent Director | 5.08yrs | US$107.00k | 0.17% $ 848.8k |
5.1yrs
Average Tenure
63yo
Average Age
Experienced Board: DLTH's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Duluth Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Duluth Holdings Inc.
- Ticker: DLTH
- Exchange: NasdaqGS
- Founded: 1989
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$503.407m
- Shares outstanding: 32.82m
- Website: https://www.duluthtrading.com
Number of Employees
Location
- Duluth Holdings Inc.
- 201 East Front Street
- Mount Horeb
- Wisconsin
- 53572
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DLTH | NasdaqGS (Nasdaq Global Select) | Yes | Class B Common Stock | US | USD | Nov 2015 |
| 6DU | DB (Deutsche Boerse AG) | Yes | Class B Common Stock | DE | EUR | Nov 2015 |
Biography
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, tanks, outerwear, footwear, ac ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 23:40 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/08/02 |
| Annual Earnings | 2020/02/02 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.