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Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and Urban Edge Properties (UE). Click either name above to swap in a different company.
Urban Edge Properties is the larger business by last-quarter revenue ($132.6M vs $114.9M, roughly 1.2× DULUTH HOLDINGS INC.). Urban Edge Properties runs the higher net margin — 17.1% vs -8.8%, a 25.9% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -9.6%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% CAGR vs -31.6%).
Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
DLTH vs UE — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $114.9M | $132.6M |
| Net Profit | $-10.1M | $22.6M |
| Gross Margin | 53.8% | — |
| Operating Margin | -7.7% | — |
| Net Margin | -8.8% | 17.1% |
| Revenue YoY | -9.6% | 12.2% |
| Net Profit YoY | 64.6% | -6.7% |
| EPS (diluted) | $-0.29 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $132.6M | ||
| Q4 25 | $114.9M | $119.6M | ||
| Q3 25 | $131.7M | $120.1M | ||
| Q2 25 | $102.7M | $114.1M | ||
| Q1 25 | $241.3M | $118.2M | ||
| Q4 24 | $127.1M | $116.4M | ||
| Q3 24 | $141.6M | $112.4M | ||
| Q2 24 | $116.7M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $-10.1M | $12.4M | ||
| Q3 25 | $1.3M | $14.9M | ||
| Q2 25 | $-15.3M | $58.0M | ||
| Q1 25 | $-5.6M | $8.2M | ||
| Q4 24 | $-28.2M | $30.1M | ||
| Q3 24 | $-2.0M | $9.1M | ||
| Q2 24 | $-7.9M | $30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 53.8% | — | ||
| Q3 25 | 54.7% | — | ||
| Q2 25 | 52.0% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 52.3% | — | ||
| Q3 24 | 52.3% | — | ||
| Q2 24 | 52.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | -7.7% | 11.3% | ||
| Q3 25 | 1.8% | 13.4% | ||
| Q2 25 | -12.0% | 53.9% | ||
| Q1 25 | -1.8% | 7.6% | ||
| Q4 24 | -17.4% | 27.6% | ||
| Q3 24 | -1.1% | 8.9% | ||
| Q2 24 | -7.7% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | -8.8% | 10.4% | ||
| Q3 25 | 1.0% | 12.4% | ||
| Q2 25 | -14.9% | 50.8% | ||
| Q1 25 | -2.3% | 6.9% | ||
| Q4 24 | -22.2% | 25.9% | ||
| Q3 24 | -1.4% | 8.1% | ||
| Q2 24 | -6.7% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $-0.29 | $0.09 | ||
| Q3 25 | $0.04 | $0.12 | ||
| Q2 25 | $-0.45 | $0.46 | ||
| Q1 25 | $-0.17 | $0.07 | ||
| Q4 24 | $-0.84 | $0.25 | ||
| Q3 24 | $-0.06 | $0.07 | ||
| Q2 24 | $-0.24 | $0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.2M | $50.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $160.6M | $1.4B |
| Total Assets | $468.0M | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $8.2M | $48.9M | ||
| Q3 25 | $5.7M | $77.8M | ||
| Q2 25 | $8.6M | $53.0M | ||
| Q1 25 | $3.3M | $48.0M | ||
| Q4 24 | $9.3M | $41.4M | ||
| Q3 24 | $9.8M | $67.9M | ||
| Q2 24 | $6.8M | $78.6M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $160.6M | $1.4B | ||
| Q3 25 | $170.0M | $1.4B | ||
| Q2 25 | $167.9M | $1.4B | ||
| Q1 25 | $182.7M | $1.4B | ||
| Q4 24 | $188.1M | $1.4B | ||
| Q3 24 | $215.7M | $1.3B | ||
| Q2 24 | $218.4M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $468.0M | $3.3B | ||
| Q3 25 | $433.8M | $3.3B | ||
| Q2 25 | $463.7M | $3.3B | ||
| Q1 25 | $452.4M | $3.3B | ||
| Q4 24 | $533.1M | $3.3B | ||
| Q3 24 | $488.6M | $3.2B | ||
| Q2 24 | $471.4M | $3.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.7M | $39.1M |
| Free Cash FlowOCF − Capex | $-8.9M | — |
| FCF MarginFCF / Revenue | -7.8% | — |
| Capex IntensityCapex / Revenue | 2.0% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $-6.7M | $182.7M | ||
| Q3 25 | $32.0M | $55.7M | ||
| Q2 25 | $-56.5M | $43.5M | ||
| Q1 25 | $41.2M | $32.6M | ||
| Q4 24 | $-41.1M | $153.2M | ||
| Q3 24 | $16.6M | $36.6M | ||
| Q2 24 | $-33.7M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-8.9M | $81.8M | ||
| Q3 25 | $29.8M | $26.1M | ||
| Q2 25 | $-57.8M | $19.6M | ||
| Q1 25 | $38.7M | $11.9M | ||
| Q4 24 | $-43.7M | $42.5M | ||
| Q3 24 | $15.0M | $12.2M | ||
| Q2 24 | $-35.2M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | -7.8% | 68.4% | ||
| Q3 25 | 22.6% | 21.7% | ||
| Q2 25 | -56.3% | 17.2% | ||
| Q1 25 | 16.0% | 10.0% | ||
| Q4 24 | -34.4% | 36.6% | ||
| Q3 24 | 10.6% | 10.8% | ||
| Q2 24 | -30.2% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 2.0% | 84.4% | ||
| Q3 25 | 1.7% | 24.6% | ||
| Q2 25 | 1.3% | 20.9% | ||
| Q1 25 | 1.0% | 17.5% | ||
| Q4 24 | 2.1% | 95.1% | ||
| Q3 24 | 1.2% | 21.7% | ||
| Q2 24 | 1.3% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | — | 14.71× | ||
| Q3 25 | 25.40× | 3.73× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | — | 3.97× | ||
| Q4 24 | — | 5.09× | ||
| Q3 24 | — | 4.03× | ||
| Q2 24 | — | 1.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLTH
| Sales Channel Directly To Consumer | $67.4M | 59% |
| Sales Channel Through Intermediary | $47.4M | 41% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
