Delta Apparel Has Stronger than Expected First Quarter Sales
Delta Apparel said it now expects revenues for the final quarter of the year, its fiscal Q1, to be approximately $109 million, up 15% from $94.7 million last year, in a presentation at the ICR Conference. The revenue growth was mostly attributable to strong demand across all of its business units, combined with higher selling prices including additional value adding steps. Salt Life sales were up approximately 25%, on “tremendous” growth in DTC boosted by its strong social media presence. Delta Group sales ... Log in to view full article.