Duluth Trading Co. achieved its fourth consecutive quarter of year-over-year inventory gains in Q1, with total inventory down 25% year-over-year, according to SVP and CFO Heena Agrawal during a June 8 earnings call. Rightsizing buys and clearing excess stock helped lower spring and summer seasonal inventory by 42%. The company has been intentionally narrowing its assortment and buying smarter to focus on core high-margin hero product lines. In-stock levels at stores improved by 900 basis points, supported by inventory allocation prioritizing its automated fulfillment center in Adairsville, Georgia, and its stores. The retailer has also begun using Amazon's fulfillment capabilities for orders made on Amazon's marketplace.
Duluth Holdings IncInventory down 25% YoY, SKU reductions, and improved in-stock levels indicate better supply management and operational efficiency.