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Article Date: July 2020
Word Count: 130

Delta Apparel Sees 40% Sales Drop


Fiscal third quarter revenues are expected to come in at about $72.0 million, down 40% from $119.3 million last year, as April’s 68% plunge gradually recovered to just a 10% decline in June. No bottom line guidance was provided, but DLA said it would record about $24 million in Covid-19 related expenses in the quarter. Liquidity is in good shape, however, with cash on hand ... Log in to view full article.

 


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