Nov 20, 2015.
"Shares of workwear retailer Duluth Holdings Inc. closed higher on its first day of trading Friday, after the parent of retailer Duluth Trading Co. priced its initial public offering at $12 a share, lower than it had initially targeted.
Shares of Duluth Holdings Inc. closed at $13.65, up nearly 14%, in its first day of trading with the ticker symbol DLTH.
The company said in a filing with securities regulators Friday that its offering raised $74.4 million for the company as well as $5.6 million for investment banks working as its underwriters.
Earlier this month, Duluth told regulators it expected the offering to be priced between $14 and $16 a share. Of the funds raised, some $51.1 million would go to existing shareholders, including executive chairman Stephen Schlecht. The remainder will be used by the company as it embarks on an ambitious retail store expansion plan.
Based south of Madison in Belleville, Duluth is primarily a direct merchant, selling through its catalogs and online. However, the retailer began opening brick-and-mortar stores five years ago — it now has 10 open or leased for future openings — and envisions as many as 100 across the country.
In Wisconsin, Duluth has stores in Mount Horeb, Port Washington, Oshkosh and Belleville."
Recent DLTH News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 07:32:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 08:20:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/30/2024 06:24:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/29/2024 12:28:33 PM
- Duluth Holdings Inc. Announces Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/29/2024 09:45:00 AM
- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 08/19/2024 05:05:05 PM
- Duluth Holdings Inc. to Report Second Quarter 2024 Financial Results on August 29 • GlobeNewswire Inc. • 08/15/2024 09:45:00 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:26:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/31/2024 04:14:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 12:05:56 PM
- Duluth Holdings Inc. Announces First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/30/2024 09:45:00 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2024 09:05:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:55:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:55:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:37:02 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/23/2024 04:07:38 PM
- Duluth Holdings Inc. to Report First Quarter 2024 Financial Results on May 30 • GlobeNewswire Inc. • 05/16/2024 09:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 01:07:00 PM
- Duluth Holdings Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results • GlobeNewswire Inc. • 03/07/2024 10:45:00 AM
- Duluth Holdings Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 7 • GlobeNewswire Inc. • 02/22/2024 10:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 09:11:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 05:31:01 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 05:15:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 09:15:57 PM
- Duluth Holdings Inc. Announces Inducement Grant Under NASDAQ Listing Rule 5635(c)(4) • GlobeNewswire Inc. • 02/12/2024 11:12:37 PM
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