Filing Flows › Duluth Holdings (DLTH) › Q2 FY27
Duluth Holdings (DLTH) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 4, 2026
Duluth Holdings (DLTH) reported revenue of $121M for the second quarter fiscal 2027 (Q2 FY27), -8% from a year earlier and +23% from the quarter before. Operating margin was 15.5%, net earnings $18.4M (15.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | +23% | -8% |
| Gross profit | $88.4M | +56% | +23% |
| Operating profit | $18.8M | — | +685% |
| Net earnings | $18.4M | — | 14× |
| Operating cash flow | $28.9M | — | -10% |
| Free cash flow | $28.2M | — | -5% |
What changed
Revenue was $121.4M in Q2 FY27, down 8% year over year and up 23% from the previous quarter.
Gross margin was 72.8%, up 18.1 points from Q2 FY26. Operating profit was $18.8M, a 15.5% margin (up 13.7 points year over year). Operating expenses fell 0% while revenue fell 8%. Net earnings were $18.4M, up 1356% year over year. The effective tax rate was 0.3%.
Operating cash flow was $28.9M (down 10% year over year), 157% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $913K of share-based compensation. Working capital and other items added $3.9M. Capital expenditures of $716K left free cash flow of $28.2M.
Questions
What was Duluth Holdings' revenue in the second quarter fiscal 2027?
Duluth Holdings (DLTH) reported revenue of $121M for the second quarter fiscal 2027 (Q2 FY27), -8% from a year earlier and +23% from the quarter before.
Was Duluth Holdings profitable in the second quarter fiscal 2027?
Operating profit was $18.8M (15.5% of revenue) and net earnings $18.4M.
Source: Duluth Holdings 10-Q on SEC EDGAR.