Duluth rises as tariff refund boosts second-quarter earnings

Duluth Holdings

03/09/2026 16:45

Updates
** Shares of lifestyle brand Duluth Holdings DLTH.O jump as much as 21.82% to $4.41 in late morning trading
** Co posts Q2 profit above year-ago levels, boosted by tariff refunds and higher gross margins from lower discounting
** Reports quarterly adj. EPS of 50 cents, including a 44-cent benefit from tariff refunds, versus 4 cents a year earlier
** However, Q2 net sales fall about 8% to $121.4 million
** Company maintains fiscal 2026 net sales forecast
** Up to last close, stock up ~74% YTD

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))