Duluth advertising spend, FY2026
Duluth (DLTH) reported $58.4M of advertising expense for the fiscal year ended Feb 1, 2026. That is 10.3% of revenue of $565M. Down 13.5% from FY2025.
Key facts
- Ad spend is 10% below its FY2016 level ($65.2M), while revenue grew 1.9x.
- The highest year on file is FY2019 at $95.2M; FY2026 is 39% below it.
- Largest increase +32.4% in FY2015; largest cut -22.9% in FY2021.
- Ad spend has fallen 3 years in a row.
- Ad spend is 10.3% of revenue, down from 11.3% in FY2021.
- Duluth spends more on advertising than 6% of the 458 US-listed companies tracked. Its ad-to-revenue ratio is 2.3x the median of 4.6%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | Feb 1, 2026 | $58.4M | -13.5% | $565M | 10.3% | AdvertisingExpense | 10-K Mar 20, 2026 |
| FY2025 | Feb 2, 2025 | $67.5M | -2.2% | $627M | 10.8% | AdvertisingExpense | 10-K Mar 20, 2026 |
| FY2024 | Jan 28, 2024 | $69M | -9.5% | $647M | 10.7% | AdvertisingExpense | 10-K Mar 24, 2025 |
| FY2023 | Jan 29, 2023 | $76.3M | +1.5% | $653M | 11.7% | AdvertisingExpense | 10-K Mar 22, 2024 |
| FY2022 | Jan 30, 2022 | $75.2M | +3.9% | $699M | 10.8% | AdvertisingExpense | 10-K Mar 17, 2023 |
| FY2021 | Jan 31, 2021 | $72.4M | -22.9% | $639M | 11.3% | AdvertisingExpense | 10-K Mar 25, 2022 |
| FY2020 | Feb 2, 2020 | $93.9M | -1.4% | $616M | 15.3% | AdvertisingExpense | 10-K Mar 26, 2021 |
| FY2019 | Feb 3, 2019 | $95.2M | +7.4% | $568M | 16.8% | AdvertisingExpense | 10-K Mar 20, 2020 |
| FY2018 | Jan 28, 2018 | $88.6M | +12.9% | $471M | 18.8% | AdvertisingExpense | 10-K Mar 20, 2020 |
| FY2017 | Jan 29, 2017 | $78.5M | +20.4% | $376M | 20.9% | AdvertisingExpense | 10-K Apr 19, 2019 |
| FY2016 | Jan 31, 2016 | $65.2M | +32.0% | $304M | 21.4% | AdvertisingExpense | 10-K Mar 21, 2018 |
| FY2015 | Feb 1, 2015 | $49.4M | +32.4% | $232M | 21.3% | AdvertisingExpense | 10-K Mar 22, 2017 |
| FY2014 | Feb 2, 2014 | $37.3M | n/a | $163M | 22.9% | AdvertisingExpense | 10-K Apr 8, 2016 |
What the figure is
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Compared with similar spenders
The 6 companies closest to Duluth in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 427 | Cricut | $59.8M | 8.4% | +27.8% | FY2025 |
| 428 | Shoe Station Group | $58.7M | 5.2% | +16.3% | FY2026 |
| 429 | Duluth | $58.4M | 10.3% | -13.5% | FY2026 |
| 430 | Scholastic | $58.4M | 3.7% | -4.9% | FY2026 |
| 431 | Hyatt Hotels | $58M | 0.8% | -13.4% | FY2025 |
| 432 | Dave | $57.4M | 10.4% | +27.8% | FY2025 |
| 433 | Torrid | $57.4M | 5.7% | +5.8% | FY2026 |
Questions
How much does Duluth spend on advertising?
Duluth spent $58.4M on advertising in fiscal 2026, the year ended Feb 1, 2026, according to its 10-K filed Mar 20, 2026.
What percentage of revenue does Duluth spend on advertising?
10.3% of revenue in fiscal 2026 ($58.4M of $565M). The median across the 458 companies tracked is 4.6%.
Is Duluth spending more on advertising?
No. Ad spend fell 13.5% in fiscal 2026 from fiscal 2025. It has fallen 3 years in a row.
How does Duluth rank by advertising spend?
#429 of 458 US-listed companies with $50M or more in ad spend, ranked on each company's latest fiscal year.
What does Duluth's advertising figure include?
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Source
- Filing
- 10-K for FY2026, filed Mar 20, 2026
- Accession number
0001193125-26-117508- Company
- DULUTH HOLDINGS INC., CIK 1649744, SIC 5600 (Retail-Apparel & Accessory Stores)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Duluth advertising spend, FY2014-FY2026. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Mar 20, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/duluth-holdings/advertising-spend/
- Download
- CSV, all years · CSV, all 458 companies