Duluth Holdings (DLTH) Operating Margin (2014 - 2026)
Duluth Holdings' (DLTH) quarterly Operating Margin came in at 9.36% in Q2 2026, up 266.0% year-on-year from 2.56% in Q2 2025, and down 334.3% on a QoQ basis from 4.0% in Q1 2026.
Duluth Holdings (DLTH) Operating Margin (2014 - 2026) Analysis & Trends
Duluth Holdings (DLTH) has 13 years of Operating Margin data on file, last reported at 9.36% in Q2 2026.
- On a quarterly basis, Operating Margin rose 266.0% year-over-year to 9.36% in Q2 2026; TTM through May 2026 was 1.25%, a 531.0% increase from a year earlier, with the FY2026 full-year figure at 1.8%, up 409.0% from the prior year.
- Operating Margin for Q2 2026 stood at 9.36%, down from 4.0% in the prior quarter.
- Over the last five years, Operating Margin for DLTH reached as high as 8.96% in Q1 2022 and fell as low as 17.36% in Q4 2024.
- Historically, Operating Margin has averaged 2.83% across 5 years, with a median of 1.44% in 2024.
- Across the five-year window, Operating Margin sank 837 bps in 2022 and surged 967 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 5.02% in 2022, then sank by 79 bps to 8.99% in 2023, then sank by 93 bps to 17.36% in 2024, then jumped by 56 bps to 7.69% in 2025, then retreated by 22 bps to 9.36% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 9.36% in Q2 2026, 4.0% in Q1 2026, and 7.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 12.27% |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | -51.06% |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 22.31% |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 12.73% |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 4.87% |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 9.43% |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 16.27% |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 7.97% |
| 10 | Duluth Holdings | 145.79 Mn | 136.85 Mn | 56.63 Mn | -9.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | -9.36% |
| Feb 1, 2026 | 4.00% |
| Nov 2, 2025 | -7.69% |
| Aug 3, 2025 | 1.82% |
| May 4, 2025 | -12.03% |
| Feb 2, 2025 | -1.76% |
| Oct 27, 2024 | -17.36% |
| Jul 28, 2024 | -1.13% |
| Apr 28, 2024 | -7.69% |
| Jan 28, 2024 | 3.60% |
| Oct 29, 2023 | -8.99% |
| Jul 30, 2023 | -1.04% |
| Apr 30, 2023 | -3.68% |
| Jan 29, 2023 | 4.42% |
| Oct 30, 2022 | -5.02% |
| Jul 31, 2022 | 2.73% |
| May 1, 2022 | -0.76% |
| Jan 30, 2022 | 8.96% |
| Oct 31, 2021 | 3.34% |
| Aug 1, 2021 | 8.78% |