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Article Date: November 2020
Word Count: 389

Delta Apparel Finishes FY20 with Sales, Profit Gains


Net income attributable to shareholders gained 41% to $4,969,000 in the fiscal final quarter ended Oct. 3 from $3,523,000 last year on revenues that were up 8% to $116,684,000 from $107,957,000 with gains across products and channels. DTC sales increased over 60%, with growth on branded e-commerce sites up 40%, and Salt Life Group was up 13% across all channels. The late summer boosted store traffic in vacation spots, helping push branded retail to over 125% sales growth on double-digit comps plus contributions from two new stores in Florida.

 

Delta Group posted 8% growth on a 30% improvement in DTG2Go, with ... Log in to view full article.

 


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