Filing Flows › Duluth Holdings (DLTH) › Q4 FY25
Duluth Holdings (DLTH) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 24, 2025
Duluth Holdings (DLTH) reported revenue of $241M for the fourth quarter fiscal 2025 (Q4 FY25), -2% from a year earlier and +90% from the quarter before. Operating margin was -0.6%, net loss $3.5M (1.4% of revenue).
Duluth Holdings, Q4 FY25: revenue $241M (-2% year over year), operating margin -0.6%, net loss $3.5M, operating cash flow $41.2M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $241M | +90% | -2% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | $41.2M | — | -41% |
| Free cash flow | $38.7M | — | -36% |
What changed
Revenue was $241.3M in Q4 FY25, down 2% year over year and up 90% from the previous quarter.
Gross margin was 44.1%, down 4.1 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -0.6%. Operating expenses fell 2% while revenue fell 2%. The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $28.2M loss.
Operating cash flow was $41.2M (down 41% year over year). Non-cash charges added back $7.6M of depreciation and amortization and $694K of share-based compensation. Working capital and other items added $36.5M. Capital expenditures of $2.5M left free cash flow of $38.7M.
Questions
What was Duluth Holdings' revenue in the fourth quarter fiscal 2025?
Duluth Holdings (DLTH) reported revenue of $241M for the fourth quarter fiscal 2025 (Q4 FY25), -2% from a year earlier and +90% from the quarter before.
Was Duluth Holdings profitable in the fourth quarter fiscal 2025?
Operating loss was $1.4M (-0.6% of revenue) and net loss $3.5M.
Source: Duluth Holdings 10-K on SEC EDGAR.