Preview - Please log in to view full article.

Article Date: May 2019
Word Count: 266

Delta Apparel Net Falls on Lower Margins


Net income decreased 77% percent to $825,000 from $3,632,000 in DLA’s fiscal second quarter ended Mar. 30, on revenues that increased 3% to $102,838,000 from $100,004,000. Delta Group segment sales growth of near 4% was offset by an equal decline in the Salt Life Group. Management cited an unseasonably cold start to spring in key markets and the late spring break selling period for the low sales growth in the quarter for both its Delta Group and Salt Life Group. It reported growth in spring order replenishments and overall sales for the start of Q3 and expects to hit its ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.