BUZZ-Duluth rises as tariff refund boosts second-quarter earnings

Shares of lifestyle brand Duluth Holdings DLTH.O jump as much as 21.82% to $4.41 in late morning trading

The company posts second-quarter profit above year-ago levels, boosted by tariff refunds and higher gross margins from lower discounting

It reports quarterly adjusted EPS of 50 cents, including a 44-cent benefit from tariff refunds, versus 4 cents a year earlier

However, second-quarter net sales fall about 8% to $121.4 million

The company maintains its fiscal 2026 net sales forecast

Up to the last close, the stock is up about 74% year to date