Duluth rises as tariff refund boosts second-quarter earnings

Shares of lifestyle brand Duluth Holdings jump about 14% to $4.14 premarket after the company posted second-quarter profit above year-ago levels, boosted by tariff refunds and higher gross margins from lower discounting.

The company reported 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 fell about 8% to $121.4 million.

Duluth maintained its fiscal 2026 net sales forecast. Up to the last close, the stock was up about 74% year to date.