DULUTH HOLDINGS INC. responded to SEC staff comments on non-GAAP measures
Letter dated
2026-02-03; published on EDGAR 2026-05-21 — the
SEC releases comment letters only after the review closes.
We note your non-GAAP adjustment labeled “tax valuation allowance” reflected in your Adjusted Net Income reconciliation. Please tell us what the adjustment represents, the reasons for excluding the changes in your tax valuation from the measure and why management believes the adjustment is meaningful and appropriate. In addition, please tell us how the adjustment is consistent with Questions 100.01 and 102.11 of the…
Evidence
Direction
company to staff
Letter dated
2026-02-03
Published on edgar
2026-05-21
Reviewing
Duluth Holdings Inc. Form 10-K for Fiscal Year Ended February 2, 2025 Annual Report to Security Holders for Fiscal Year Ended February 2, 2025 Item 2.02 Form 8-
Source
Company response to SEC staff (CORRESP)
Topics
Non-GAAP measures, Goodwill and impairment, Income taxes
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned DULUTH HOLDINGS INC.'s accounting for non-GAAP measures
Letter dated
2026-01-27; published on EDGAR 2026-05-21 — the
SEC releases comment letters only after the review closes.
We note your non-GAAP adjustment labeled "tax valuation allowance" reflected in your Adjusted Net Income reconciliation. Please tell us what the adjustment represents, the reasons for excluding the changes in your tax valuation from the measure and why 2. management believes the adjustment is meaningful and appropriate. In addition, please tell us how the adjustment is consistent with Questions 100.01 and 102.11 of…
Evidence
Direction
staff to company
Letter dated
2026-01-27
Published on edgar
2026-05-21
Reviewing
Duluth Holdings, Inc. Form 10-K for Fiscal Year Ended February 2, 2025 Annual Report to Security Holders for Fiscal Year Ended February 2, 2025 Item 2.02 Form 8
Source
SEC staff comment letter (UPLOAD)
Topics
Non-GAAP measures, Income taxes
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.