DULUTH HOLDINGS INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $46.6m $77.1m $45.5m $32.2m $16.3m
Prepaid Expense and Other Assets, Current $7.6m $12.6m $9.5m $10.2m $17.3m $15.2m $16.5m $17.8m $21.7m
Inventory, Net $70.4m $89.5m $97.7m $147.8m $149.1m $122.7m $154.9m $125.8m $166.5m $131.3m
Assets, Current $101.2m $101.8m $118.2m $162.2m $209.7m $222.5m $221.7m $181.0m $172.1m
Property, Plant and Equipment, Net $52.4m $109.7m $167.1m $137.1m $124.2m $110.1m $116.5m $132.7m $96.9m
Goodwill $402k $402k $402k $402k $402k $402k $402k $0
Intangible Assets, Net (Excluding Goodwill) $264k $246k $450k $436k $397k
Operating Lease, Right-of-Use Asset $120.4m $117.5m $120.9m $131.8m $121.4m $102.7m $89.3m
Other Assets, Noncurrent $452k $628k $2.4m $1.2m $4.0m $5.4m $8.7m $9.0m $10.0m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $45k $52k $28k $3.1m $2.8m $5.5m $6.0m $6.0m $2.7m
Accrued Liabilities, Current $19.8m $25.3m $26.5m $29.5m $37.7m $47.5m $40.8m $30.9m $35.7m $39.7m
Assets $156.0m $223.1m $296.8m $474.1m $514.9m $515.5m $527.5m $491.2m $402.6m
Total Assets $156.0m $223.1m $296.8m $474.1m $515.6m $515.5m $527.5m $491.2m $452.4m $402.6m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $10.7m $11.1m $12.9m $15.6m $16.4m $15.5m $16.4m
Long-term Debt, Current Maturities $742k $84k $500k $557k $623k $693k $768k $847k $931k $1.0m
Operating Lease, Liability, Noncurrent $106.1m $104.3m $107.1m $117.4m $106.4m $76.0m
Long-term Debt, Excluding Current Maturities $35k $1.4m $29.7m $27.8m $623k $693k $768k $847k $931k $1.0m
Deferred Revenue, Current $5.6m $7.3m $10.5m $9.9m $9.9m $10.8m $10.2m $9.6m $9.2m
Liabilities, Current $35.1m $50.3m $52.6m $78.8m $95.7m $116.0m $118.3m $105.6m $108.2m
Deferred Income Tax Liabilities, Net $1.6m $2.1m $9.7m $8.5m $8.2m $2.9m $1.2m $0 $962k
Deferred Tax Liabilities, Net $1.6m $2.1m $9.7m $8.5m $8.2m $2.9m $1.2m $0 $962k
Liabilities $42.2m $83.8m $136.6m $297.9m $324.5m $292.8m $300.3m $271.5m $236.5m
Total Liabilities Net Minority Interest $42.2m $83.8m $136.6m $297.9m $324.5m $292.8m $300.3m $271.5m $272.8m $236.5m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0
Additional Paid in Capital $86.4m $88.0m $89.8m $90.9m $92.9m $95.5m $98.8m $103.6m $0 $110.8m
Retained Earnings (Accumulated Deficit) $24.7m $48.1m $70.6m $87.6m $101.2m $130.9m $133.2m $121.4m $77.7m $61.3m
Accumulated Other Comprehensive Income (Loss), Net of Tax $188k $48k $489k ($148k) ($427k) ($722k) ($231k)
Common Stock Equity $230.4m $222.8m $182.7m $169.0m
Stockholders' Equity Attributable to Parent $111.2m $136.1m $160.3m $178.3m $193.5m $225.9m $230.4m $222.8m $169.0m
Stockholders' Equity Attributable to Noncontrolling Interest $2.6m $3.3m ($239k) ($2.2m) ($3.0m) ($3.2m) ($3.2m) ($3.1m) ($2.9m)
Liabilities and Equity $156.0m $223.1m $296.8m $474.1m $514.9m $515.5m $527.5m $491.2m $402.6m