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Article Date: May 2022
Word Count: 366

Delta Apparel Net More than Doubles


Net income jumped 131% to $10,137,000 over $4,398,000 on 21% higher sales of $131,698,000 up from $108,626,000 for the fiscal second quarter ended Apr. 2 on higher unit sales, more value added services, and price increases across segments. Delta Group sales grew 22% to $115.3 million on broad demand for activewear apparel, led by a combined 24% gain in the Delta Direct and Global Brands & Retail Direct businesses. The DTG2Go digital on-demand business gained 12% in sales for the quarter. Gross margin for the segment improved 210 b.p. to 21.6%. Salt Life sales were up 14% to $16.4 million, ... Log in to view full article.

 


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