Filing Flows › Duluth Holdings (DLTH) › Q1 FY27
Duluth Holdings (DLTH) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 9, 2026
Duluth Holdings (DLTH) reported revenue of $98.6M for the first quarter fiscal 2027 (Q1 FY27), -4% from a year earlier and -54% from the quarter before. Operating margin was -9.4%, net loss $10.0M (10.2% of revenue).
Duluth Holdings, Q1 FY27: revenue $98.6M (-4% year over year), operating margin -9.4%, net loss $10.0M, operating cash flow −$13.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.6M | -54% | -4% |
| Operating profit | −$9.2M | -207% | — |
| Net earnings | −$10.0M | -229% | — |
| Operating cash flow | −$13.4M | -124% | — |
What changed
Revenue was $98.6M in Q1 FY27, down 4% year over year and down 54% from the previous quarter.
Gross margin was 57.4%, up 5.5 points from Q1 FY26. Operating costs exceeded revenue by $9.2M, an operating margin of -9.4%. Operating expenses grew 0% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+640%). The quarter ended with a net loss of $10.0M, after a profit of $7.8M the previous quarter.
Operating cash flow was −$13.4M. Non-cash charges added back $5.8M of depreciation and amortization and $709K of share-based compensation. Working capital and other items used $9.9M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$15.2M.
Questions
What was Duluth Holdings' revenue in the first quarter fiscal 2027?
Duluth Holdings (DLTH) reported revenue of $98.6M for the first quarter fiscal 2027 (Q1 FY27), -4% from a year earlier and -54% from the quarter before.
Was Duluth Holdings profitable in the first quarter fiscal 2027?
Operating loss was $9.2M (-9.4% of revenue) and net loss $10.0M.
Source: Duluth Holdings 10-Q on SEC EDGAR.