delta apparel news and archive

Delta Apparel’s Q2 net income rises to 3.6 mn dollars

Delta Apparel, Inc. recorded net sales of 100 million dollars, up 1.9 million dollars or 2 percent for the second quarter. Net income for the quarter was 3.6 million dollars or 0.48 dollar per diluted share, an increase over the prior year period’s 0.47 dollar per diluted share after excluding the approximately 0.11 dollar per share gain...

Management

Delta Apparel net sales increase 19 percent in Q1

Net sales for the fiscal year 2018 first quarter at Delta Apparel, Inc. were 90.3 million dollars, an increase of 14.4 million dollars or 19 percent, from prior year first quarter sales of 75.9 million dollars excluding the 9.4 million dollars of sales from the company’s since-divested Junkfood business. Net sales increased by 5 million dollars...

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Delta Apparel expects to post 3-5 percent net sales growth in Q1

Delta Apparel, in its preliminary results announcement for its 2018 fiscal first quarter ended December 30, 2017 said that the company expects overall net sales to be in the range of 88 to 90 million dollars, a 3-5 percent increase from the 85.3 million dollars in revenue in the prior year quarter, and 16-18 percent sales growth after adjusting...

ManagementFeatured

Delta Apparel posts 19 percent increase in FY17 earnings

For the fiscal year ended September 30, 2017, Delta Apparel said net income increased to 10.5 million dollars or 1.33 dollars per diluted share, compared with 9 million dollars or 1.12 dollars per diluted share, in fiscal year 2016, representing a 19 percent increase. Net sales for the fiscal were 385.1 million dollars compared to 425.2 million...

ManagementFeatured

Delta Apparel Q3 earnings increase to 0.57 dollar per share

Delta Apparel has reported earnings per diluted share of 0.57 dollars on net sales of 104.3 million dollars for its fiscal third quarter ended July 1, 2017, compared with earnings of 0.32 dollars per diluted share on net sales of 111.6 million dollars in the prior year third quarter. The company’s sales in the quarter increased 4 million dollars...

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Delta Apparel Q2 net income up 33 percent

Delta Apparel’s second quarter net income increased 33 percent to 4.5 million dollars or 0.58 dollar per diluted share, compared with 3.4 million dollars or 0.43 dollar per diluted share, for last year’s second quarter. Approximately 0.11 dollar per share earnings, the company said, resulted from a gain on the sale of the company’s Junkfood...

Business

Delta Apparel sells Junk Food Clothing Company

Delta Apparel has confirmed the competition of its sale of vintage-inspired, licensed graphics T-shirt business, Junk Food Clothing Company to JMJD Ventures for 28 million dollars. The asset sale includes 25 million dollars in cash at closing, with promissory note payments due between June 30, 2017, and March 30, 2018, for the remaining amount....

Management

Delta Apparel Q1 net sales down 5.4 percent

Delta Apparel has reported net sales of 85.3 million dollars for its fiscal 2017 first quarter ended December 31, 2016, down 4.8 million dollars or 5.4 percent. The company said, while Art Gun and ecommerce showed strong revenue growth, overall sales for the quarter were hindered by the impact of Hurricane Matthew, the closure of a large sports...

ManagementFeatured

Delta Apparel posts dip in Q4 and full year net sales

In its results announcement for the year and fourth quarter, Delta Apparel said net sales for the 13-weeks fourth quarter were 114.4 million dollars compared to 120.2 million dollars in the prior year’s 14-weeks fourth quarter. Removing the additional week in the prior year, the company said, net sales increased by 2.5 percent. For the 52-week...

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Delta Apparel reports decline in Q4 sales

Delta Apparel has said in its preliminary financial results announcement for the fourth quarter ended October 1, 2016 that all of the company’s businesses, with the exception of Junkfood, experienced sales growth during the quarter. The company’s sales for the 13-week fourth quarter were 114.4 million dollars compared to 120.2 million dollars in...

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Delta Apparel acquires Coast Apparel brand

Delta Apparel has completed the acquisition of all of the assets of Coast Apparel. The Coast Apparel brand is known for integrating the coastal experience of weekends and summers at the beach with everyday life throughout the year. Beginning with men’s polo shirt, the company today has a full line of traditional, sports-casual attire, headwear...

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Delta Apparel Q3 net sales and earnings decline

Delta Apparel earnings per diluted share for its third quarter ended July 2, 2016 were 0.32 dollar on net sales of 111.6 million dollars. This compares with earnings of 0.55 dollar for the prior year third quarter on net sales of 120.5 million dollars. The company said, while net sales were negatively impacted by continued weakness in the retail...