Duluth Holdings Q1 FY2026 net loss improves to $10.0M; gross margin expands 540bps

Duluth Holdings reported a narrowing net loss of $10.0M versus $15.3M prior year, with gross margin expanding to 57.4% driven by reduced promotions and improved product costs. Strong inventory discipline and $99.5M net liquidity position support operational improvements as the company focuses on core products and customer engagement.