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Article Date: April 2020
Word Count: 358

Delta Apparel Bottom Line Grows on Lower Sales


Net income was up 39% to $1,311,000 in DLA’s second fiscal quarter ended Mar. 28 from $942,000 on sales that were down 6% to $96,660,000 from $102,838,000 last year, as the coronavirus slowed down a 9% growth pace early in the quarter. Delta Group sales dipped 6%, as double-digit growth from Fun-Tees was more than offset by negative results for the catalog business. Activewear was on track for unspecified strong growth before March shutdowns. Salt Life was also down 6%, but saw 20% growth in e-commerce following the shutdown, softening the negative impact in brick-and-mortar DTC and wholesale. Salt Life ... Log in to view full article.

 


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