Transaction log
Feb 18, 2020 - Bought 80 @ $7.90 (0.63% wtg, speculative)
Apr 26, 2021 - Upgraded to opportunistic
Jun 3, 2021 - Bought 70 @ $16.35 (150 shares, 1.53% wtg)
Dec 29, 2022 - Bought 50 @ $6.05 (200 shares, 0.82% wtg)
Sep 7, 2023 - Sold 100 @ $6.09 (100 shares, 0.40% wtg)
Apr 8, 2025 - Sold 100 @ $1.79 (closed, 0% wtg)
Performance
Total return = -89.95%
Coffee Can contribution = -1.29%
Duluth Holdings
Location: Mount Horeb, Wisconsin
Estimated fair value history
Jul-24 - $2.95 (0.75 x Book Value)
Oct-24 - $2.68
Jan-25 - $2.25 (0.5 x Book Value)
Apr-25 - $1.81
Jul-25 - $1.64
Profile
Industry: Apparel retail
Sector: Consumer discretionary
Theme: Retailers survive Amazon.com threat
5-Year shareholder growth: -10.8%/year
Fair value estimate: $1.64
Valuation assumption: 0.5 x tangible book value
