Filing Flows › Duluth Holdings (DLTH) › Q2 FY27 › vs Q2 FY26
Duluth Holdings (DLTH) Q2 FY27 vs Q2 FY26 (year over year)
Duluth Holdings's revenue fell $10.3M (-8%) from $132M in Q2 FY26 to $121M in Q2 FY27. Gross margin 72.8% against 54.7% (+18.1 pts).
Duluth Holdings, Q2 FY27: revenue $121M (-8% year over year), operating margin 15.5%, net earnings $18.4M, operating cash flow $28.9M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 72.8% | 54.7% | +18.1 pts |
| Operating margin | 15.5% | 1.8% | +13.7 pts |
| Net margin | 15.2% | 1.0% | +14.2 pts |
| Free cash flow margin | 23.2% | 22.6% | +0.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $121M | $132M | −$10.3M | -8% |
| Gross profit | $88.4M | $72.0M | $16.3M | +23% |
| Cost of revenue | $33.0M | $59.7M | −$26.7M | -45% |
| Operating profit | $18.8M | $2.4M | $16.4M | +685% |
| Operating expenses | $69.5M | $69.6M | −$102K | -0.1% |
| Pre-tax earnings | $18.5M | $851K | $17.6M | 22× |
| Other expense, net | $372K | $1.6M | −$1.2M | -76% |
| Net earnings | $18.4M | $1.3M | $17.1M | 14× |
| Income tax | $61K | −$442K | $503K | — |
| Depreciation & amortization | $5.6M | $6.5M | −$901K | -14% |
| Share-based compensation | $913K | $1.1M | −$181K | -17% |
| Working capital & other | $3.9M | $23.1M | −$19.2M | -83% |
| Operating cash flow | $28.9M | $32.0M | −$3.2M | -10% |
| Free cash flow (OCF − capex) | $28.2M | $29.8M | −$1.6M | -5% |
| Capital expenditures | $716K | $2.2M | −$1.5M | -68% |
Questions
How much did Duluth Holdings's revenue grow year over year in Q2 FY27?
Duluth Holdings's revenue fell $10.3M (-8%) from $132M in Q2 FY26 to $121M in Q2 FY27. Gross margin 72.8% against 54.7% (+18.1 pts).