Duluth Holdings Inc. IPO Info
Company Name: Duluth Holdings Inc.
Stock Symbol: DLTH
Exchange: NASDAQ
Status: Priced
IPO Date: 11/20/2015
IPO Price:
12.00 (
21.58%)
Underwriters
William Blair, Baird, Raymond James, BMO Capital Markets
Amount of Offering: N/A
Number of Shares Offered: 6.667 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Duluth Trading is a rapidly growing lifestyle brand of men's and women's casual wear, workwear and accessories sold exclusively through our own channels.
Financial Data
Key financial highlights:
-- net sales have increased year-over-year for 24 consecutive quarters through August 2, 2015;
-- net sales in fiscal 2014 increased by 42.2% over the prior year to $231.9 million and net sales in the first six months of fiscal 2015 increased by 37.0% over the first six months of the prior year to $108.5 million;
-- Adjusted EBITDA in fiscal 2014 increased by 51.3% over the prior year to $26.7 million and Adjusted EBITDA in the first six months of fiscal 2015 increased 37.4% over the first six months of the prior year to $11.2 million; and
-- our retail stores have achieved an average payback of less than two years.
SEC Filings
News Headlines
