Net income fell 23% to $6,237,000 in the fiscal third quarter ended July 2, from $8,149,000 last year, on total sales that were up 7% to $126,875,000 from $118,666,000. Delta Group sales grew 3% to $106.0 million, boosted by the global brands business which saw higher revenue and unit expansion on more value-added services. Direct sales fell on lower market demand for activewear, primarily in the Retail License business. Replenishment orders were down as excess inventory remained at mass retailers, though the surplus is beginning to sell through. DTG2GO sales were ... Log in to view full article.