Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States.
Undervalued with questionable 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.
7 Day Return
US Online Retail
1 Year Return
US Online Retail
Return vs Industry: DLTH underperformed the US Online Retail industry which returned 22.6% over the past year.
Return vs Market: DLTH underperformed the US Market which returned 17.8% over the past year.
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
1 week ago | Simply Wall StDo Directors Own Duluth Holdings Inc. (NASDAQ:DLTH) Shares?
3 weeks ago | Simply Wall StDuluth Holdings Inc. (NASDAQ:DLTH) Might Not Be A Great Investment
1 month ago | Simply Wall StDuluth Holdings (NASDAQ:DLTH) Use Of Debt Could Be Considered Risky
Is Duluth Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DLTH ($7.84) is trading below our estimate of fair value ($15.38)
Significantly Below Fair Value: DLTH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DLTH is good value based on its PE Ratio (16.7x) compared to the Online Retail industry average (32.6x).
PE vs Market: DLTH is good value based on its PE Ratio (16.7x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: DLTH is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: DLTH is good value based on its PB Ratio (1.7x) compared to the US Online Retail industry average (3x).
How is Duluth Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLTH's forecast earnings growth (11.8% per year) is above the savings rate (1.7%).
Earnings vs Market: DLTH's earnings (11.8% per year) are forecast to grow slower than the US market (14.1% per year).
High Growth Earnings: DLTH's earnings are forecast to grow, but not significantly.
Revenue vs Market: DLTH's revenue (6.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: DLTH's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DLTH's Return on Equity is forecast to be low in 3 years time (10%).
How has Duluth Holdings performed over the past 5 years?
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 lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: DLTH's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: DLTH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DLTH had negative earnings growth (-31.5%) over the past year, making it difficult to compare to the Online Retail industry average (15%).
Return on Equity
High ROE: DLTH's Return on Equity (9.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Duluth Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DLTH's short term assets ($204.3M) exceed its short term liabilities ($95.5M).
Long Term Liabilities: DLTH's short term assets ($204.3M) do not cover its long term liabilities ($269.6M).
Debt to Equity History and Analysis
Debt Level: DLTH's debt to equity ratio (77.7%) is considered high.
Reducing Debt: DLTH's debt to equity ratio has increased from 15.1% to 77.7% over the past 5 years.
Debt Coverage: DLTH's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: DLTH's interest payments on its debt are well covered by EBIT (4.6x coverage).
Inventory Level: DLTH has a high level of physical assets or inventory.
Debt Coverage by Assets: DLTH's debt is covered by short term assets (assets are 1.7x debt).
What is Duluth Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DLTH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DLTH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DLTH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DLTH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DLTH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Schlecht (72yo)
Mr. Stephen L. Schlecht, also known as Steve, is a Founder of Duluth Holdings Inc. and has been its Executive Chairman and Director of Duluth Holdings, Inc. since February 2, 2015 and since 1986 respective ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD321.92K) is below average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Senior VP||2.6yrs||US$559.39k||0.20% $506.3k|
|Senior VP & COO||0yrs||US$562.43k||0.59% $1.5m|
|VP & Chief Accounting Officer||0.4yrs||no data||0.031% $79.4k|
Experienced Management: DLTH's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
|Independent Director||4.4yrs||US$107.60k||1.88% $4.8m|
|Independent Director||4.4yrs||US$112.00k||0.17% $439.0k|
|Independent Director||4.4yrs||US$107.80k||0.038% $96.5k|
|Independent Director||1.7yrs||US$71.39k||0.018% $45.6k|
|Independent Director||4.4yrs||US$104.50k||0.32% $806.7k|
|Independent Director||4.4yrs||US$107.00k||0.13% $330.1k|
Experienced Board: DLTH's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DLTH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Duluth Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Duluth Holdings Inc.
- Ticker: DLTH
- Exchange: NasdaqGS
- Founded: 1989
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$254.995m
- Shares outstanding: 32.52m
- Website: https://www.duluthtrading.com
Number of Employees
- Duluth Holdings Inc.
- 201 East Front Street
- Mount Horeb
- United States
|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|
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, 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. Duluth Holdings Inc. markets its products through its Website, catalogs, and retail stores. As of November 14, 2019, it operated 61 stores. The company was formerly known as GEMPLER’S, Inc. Duluth Holdings Inc. was founded in 1989 and is headquartered in Mount Horeb, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 03:16|
|End of Day Share Price||2020/02/21 00:00|
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.