Duluth Trading Co. Files to Sell to the Public
Yesterday Duluth Trading Company filed papers to be listed on the stock market and to be publicly traded.
Duluth Trading Co. was founded in 1989 and has several stores in Minnesota, Wisconsin, and even one in Iowa. Most of the revenue comes from online sales, but the company said it plans to use revenue from the offering to expand into storefront retail.
It should be interesting to see how all this turns out. Duluth Trading Co. has applied for a listing on the NASDAQ Global Select Market under the ticker symbol DLTH.