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Duluth HoldingsDLTHPAST TOP PICKAug 03, 2017Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
This is part catalogue company, part Internet, part stores. Work-related clothing, but casual clothing. This has been on fire. Relatively small. Has a huge addressable market, and currently sells about $350 million US in sales. Could potentially address over a $100 billion market. More and more people are dressing casually for work. Sales are going at a clip of north of 20% and are likely to continue for the next 4-5 years., It should top $1 billion in sales in a couple of years.
(A Top Pick June 13/16. Down 20%.) Sold his holdings in September. This started as an online catalogue company, essentially workwear and clothing for men and women. Thinks they have a long-term margin goal of 35%. They’ve doubled their stores in 18 months. Retail has been undergoing pressure. Feels it could easily be a $30 stock.