Duluth Holdings, Inc. To Reconvene 2020 Annual Meeting of Shareholders to July 13, 2020 Due to COVID-19 Concerns
April 24 2020 - 8:00AM
Duluth Holdings Inc. (dba, Duluth Trading Company)
(“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle
brand of men’s and women’s casual wear, workwear and accessories,
today announced the Company plans to reconvene its 2020 Annual
Meeting of Shareholders to July 13, 2020 to reflect public health
concerns relating to the COVID-19 pandemic as well as recent
government actions, including the ‘Safer at Home’ order extended
until May 26, 2020 in the state of Wisconsin, where the Company is
domiciled.
In accordance with the Company’s bylaws and Wisconsin law, the
Chairman of Duluth Trading intends to convene and immediately
adjourn the Annual Meeting initially scheduled for May 21,
2020. There will be no further business conducted on May 21, 2020.
The Chairman will then formally reconvene the Annual Meeting on
July 13, 2020.
The July 13th Annual Meeting will be held at the headquarters of
Duluth Trading, 201 East Front Street, Mount Horeb, Wisconsin
53572, at 8:30 a.m., Central Time. All shareholders of record
are welcomed to attend the July 13 meeting, pending any further
restrictions due to the coronavirus.
As described in the 2020 proxy statement, you are entitled to
vote on matters presented at the Annual Meeting if you were a
shareholder as of the close of business on March 13, 2020, the
record date for the Annual Meeting. The deadline for proxy
voting will be extended to 1:00 a.m., Central Time, on July 13,
2020. Please vote and submit your proxy by one of the
methods described in the Important Notice Regarding the
Availability of Proxy Materials or the 2020 proxy statement. The
proxy card included with the proxy materials previously distributed
will not be updated to reflect the change in date and may continue
to be used to vote your shares in connection with the Annual
Meeting.
For proxy voting information, please visit
www.envisionreports.com/DLTH.
About Duluth Trading
Duluth Trading is a rapidly growing lifestyle brand for the
Modern, Self-Reliant American. Based in Mount Horeb, Wisconsin, we
offer high quality, solution-based casual wear, workwear and
accessories for men and women who lead a hands-on lifestyle and who
value a job well-done. We provide our customers an engaging and
entertaining experience. Our marketing incorporates humor and
storytelling that conveys the uniqueness of our products in a
distinctive, fun way, and our products are sold exclusively through
our content-rich website, catalogs, and “store like no other”
retail locations. We are committed to outstanding customer service
backed by our “No Bull Guarantee” - if it’s not right, we’ll fix
it. Visit our website at http://www.duluthtrading.com/
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical facts
included in this press release, including statements concerning
Duluth Trading's plans, objectives, goals, beliefs, business
strategies, future events, business conditions, its results of
operations, financial position and its business outlook, business
trends and certain other information herein are forward-looking
statements. You can identify forward-looking statements by the use
of words such as “may,” ”might,” “will,” “should,” “expect,”
“plan,” “anticipate,” “could,” “believe,” “estimate,” “project,”
“target,” “predict,” “intend,” “future,” “budget,” “goals,”
“potential,” “continue,” “design,” “objective,” “forecasted,”
“would” and other similar expressions. The forward-looking
statements are not historical facts, and are based upon Duluth
Trading's current expectations, beliefs, estimates, and
projections, and various assumptions, many of which, by their
nature, are inherently uncertain and beyond Duluth Trading's
control. Duluth Trading's expectations, beliefs and projections are
expressed in good faith, and Duluth Trading believes there is a
reasonable basis for them. However, there can be no assurance that
management's expectations, beliefs, estimates, and projections will
be achieved and actual results may vary materially from what is
expressed in or indicated by the forward-looking statements.
Forward-looking statements are subject to risks and uncertainties
that could cause actual performance or results to differ materially
from those expressed in the forward-looking statements, including,
among others, the risks, uncertainties, and factors set forth under
Part 1, Item 1A “Risk Factors” in the Company’s Annual Report on
Form 10-K filed with the SEC on March 20, 2020, and other factors
as may be periodically described in Duluth Trading’s subsequent
filings with the SEC. Forward-looking statements speak only as of
the date the statements are made. Duluth Trading assumes no
obligation to update forward-looking statements to reflect actual
results, subsequent events or circumstances or other changes
affecting forward-looking information except to the extent required
by applicable securities laws.
Investor Contacts:Donni Case (310)
622-8224Margaret Boyce (310) 622-8247Financial Profiles,
Inc.Duluth@finprofiles.com
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