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DULUTH HOLDINGS INC.（DLTH）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是DULUTH HOLDINGS INC.的1.0倍（$117.7M vs $114.9M），DULUTH HOLDINGS INC.净利率更高（-8.8% vs -10.8%，领先2.0%），DULUTH HOLDINGS INC.同比增速更快（-9.6% vs -19.2%），RESOURCES CONNECTION, INC.自由现金流更多（$15.6M vs $-8.9M），过去两年RESOURCES CONNECTION, INC.的营收复合增速更高（-11.8% vs -31.6%）
德卢思控股是一家美国工装及配饰企业，主打通过旗下德卢思贸易品牌开展产品销售业务，面向市场推出各类实用工装及相关配饰产品，是美国本土颇具特色的服饰零售企业。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
DLTH vs RGP — 直观对比
营收规模更大
RGP
是对方的1.0倍
$114.9M
营收增速更快
DLTH
高出9.6%
-19.2%
净利率更高
DLTH
高出2.0%
-10.8%
自由现金流更多
RGP
多$24.5M
$-8.9M
两年增速更快
RGP
近两年复合增速
-31.6%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $114.9M | $117.7M |
| 净利润 | $-10.1M | $-12.7M |
| 毛利率 | 53.8% | 37.1% |
| 营业利润率 | -7.7% | -10.3% |
| 净利率 | -8.8% | -10.8% |
| 营收同比 | -9.6% | -19.2% |
| 净利润同比 | 64.6% | 81.6% |
| 每股收益（稀释后） | $-0.29 | $-0.38 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DLTHRGP
| Q4 25 | $114.9M | $117.7M | ||
| Q3 25 | $131.7M | $120.2M | ||
| Q2 25 | $102.7M | $139.3M | ||
| Q1 25 | $241.3M | $129.4M | ||
| Q4 24 | $127.1M | $145.6M | ||
| Q3 24 | $141.6M | $136.9M | ||
| Q2 24 | $116.7M | $148.2M | ||
| Q1 24 | $245.6M | $151.3M |
净利润DLTHRGP
| Q4 25 | $-10.1M | $-12.7M | ||
| Q3 25 | $1.3M | $-2.4M | ||
| Q2 25 | $-15.3M | $-73.3M | ||
| Q1 25 | $-5.6M | $-44.1M | ||
| Q4 24 | $-28.2M | $-68.7M | ||
| Q3 24 | $-2.0M | $-5.7M | ||
| Q2 24 | $-7.9M | $10.5M | ||
| Q1 24 | $6.4M | $2.5M |
毛利率DLTHRGP
| Q4 25 | 53.8% | 37.1% | ||
| Q3 25 | 54.7% | 39.5% | ||
| Q2 25 | 52.0% | 40.2% | ||
| Q1 25 | 44.1% | 35.1% | ||
| Q4 24 | 52.3% | 38.5% | ||
| Q3 24 | 52.3% | 36.5% | ||
| Q2 24 | 52.8% | 40.2% | ||
| Q1 24 | 48.2% | 37.0% |
营业利润率DLTHRGP
| Q4 25 | -7.7% | -10.3% | ||
| Q3 25 | 1.8% | -1.7% | ||
| Q2 25 | -12.0% | -47.0% | ||
| Q1 25 | -1.8% | -38.4% | ||
| Q4 24 | -17.4% | -52.7% | ||
| Q3 24 | -1.1% | -3.5% | ||
| Q2 24 | -7.7% | 7.6% | ||
| Q1 24 | 3.6% | 2.8% |
净利率DLTHRGP
| Q4 25 | -8.8% | -10.8% | ||
| Q3 25 | 1.0% | -2.0% | ||
| Q2 25 | -14.9% | -52.6% | ||
| Q1 25 | -2.3% | -34.0% | ||
| Q4 24 | -22.2% | -47.2% | ||
| Q3 24 | -1.4% | -4.2% | ||
| Q2 24 | -6.7% | 7.1% | ||
| Q1 24 | 2.6% | 1.7% |
每股收益（稀释后）DLTHRGP
| Q4 25 | $-0.29 | $-0.38 | ||
| Q3 25 | $0.04 | $-0.07 | ||
| Q2 25 | $-0.45 | $-2.21 | ||
| Q1 25 | $-0.17 | $-1.34 | ||
| Q4 24 | $-0.84 | $-2.08 | ||
| Q3 24 | $-0.06 | $-0.17 | ||
| Q2 24 | $-0.24 | $0.31 | ||
| Q1 24 | $0.20 | $0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.2M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $160.6M | $194.6M |
| 总资产 | $468.0M | $289.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DLTHRGP
| Q4 25 | $8.2M | $89.8M | ||
| Q3 25 | $5.7M | $77.5M | ||
| Q2 25 | $8.6M | $86.1M | ||
| Q1 25 | $3.3M | $72.5M | ||
| Q4 24 | $9.3M | $78.2M | ||
| Q3 24 | $9.8M | $89.6M | ||
| Q2 24 | $6.8M | $108.9M | ||
| Q1 24 | $32.2M | $113.8M |
股东权益DLTHRGP
| Q4 25 | $160.6M | $194.6M | ||
| Q3 25 | $170.0M | $206.4M | ||
| Q2 25 | $167.9M | $207.1M | ||
| Q1 25 | $182.7M | $277.8M | ||
| Q4 24 | $188.1M | $325.7M | ||
| Q3 24 | $215.7M | $407.2M | ||
| Q2 24 | $218.4M | $418.8M | ||
| Q1 24 | $222.8M | $414.9M |
总资产DLTHRGP
| Q4 25 | $468.0M | $289.3M | ||
| Q3 25 | $433.8M | $287.2M | ||
| Q2 25 | $463.7M | $304.7M | ||
| Q1 25 | $452.4M | $375.6M | ||
| Q4 24 | $533.1M | $424.9M | ||
| Q3 24 | $488.6M | $512.9M | ||
| Q2 24 | $471.4M | $510.9M | ||
| Q1 24 | $491.2M | $523.2M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-6.7M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $15.6M |
| 自由现金流率自由现金流/营收 | -7.8% | 13.2% |
| 资本支出强度资本支出/营收 | 2.0% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $1.7M | $24.3M |
8季度趋势，按日历期对齐
经营现金流DLTHRGP
| Q4 25 | $-6.7M | $15.9M | ||
| Q3 25 | $32.0M | $-7.8M | ||
| Q2 25 | $-56.5M | $16.8M | ||
| Q1 25 | $41.2M | $659.0K | ||
| Q4 24 | $-41.1M | $1.8M | ||
| Q3 24 | $16.6M | $-309.0K | ||
| Q2 24 | $-33.7M | $3.2M | ||
| Q1 24 | $69.7M | $20.5M |
自由现金流DLTHRGP
| Q4 25 | $-8.9M | $15.6M | ||
| Q3 25 | $29.8M | $-8.0M | ||
| Q2 25 | $-57.8M | $16.5M | ||
| Q1 25 | $38.7M | $238.0K | ||
| Q4 24 | $-43.7M | $61.0K | ||
| Q3 24 | $15.0M | $-575.0K | ||
| Q2 24 | $-35.2M | $3.0M | ||
| Q1 24 | $60.6M | $20.4M |
自由现金流率DLTHRGP
| Q4 25 | -7.8% | 13.2% | ||
| Q3 25 | 22.6% | -6.6% | ||
| Q2 25 | -56.3% | 11.8% | ||
| Q1 25 | 16.0% | 0.2% | ||
| Q4 24 | -34.4% | 0.0% | ||
| Q3 24 | 10.6% | -0.4% | ||
| Q2 24 | -30.2% | 2.1% | ||
| Q1 24 | 24.7% | 13.5% |
资本支出强度DLTHRGP
| Q4 25 | 2.0% | 0.3% | ||
| Q3 25 | 1.7% | 0.1% | ||
| Q2 25 | 1.3% | 0.2% | ||
| Q1 25 | 1.0% | 0.3% | ||
| Q4 24 | 2.1% | 1.2% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 1.3% | 0.1% | ||
| Q1 24 | 3.7% | 0.1% |
现金转化率DLTHRGP
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | 10.86× | 8.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DLTH
| Sales Channel Directly To Consumer | $67.4M | 59% |
| Sales Channel Through Intermediary | $47.4M | 41% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
