Welcome to our dedicated page for Delta Apparel news (Ticker: DLA), a resource for investors and traders seeking the latest updates and insights on Delta Apparel stock.
Delta Apparel Inc. (DLA) delivers innovative activewear and headwear solutions to global retailers through its branded and private label operations. This news hub provides investors and industry professionals with centralized access to official corporate announcements and market developments.
Track material events including quarterly earnings disclosures, manufacturing innovations, strategic partnerships, and leadership updates. Our curated feed aggregates press releases related to product launches, sustainability initiatives, and distribution network expansions.
Key coverage areas: financial results, operational milestones, supply chain developments, and retail partnership announcements. All content is sourced directly from company communications to ensure regulatory compliance and accuracy.
Bookmark this page for efficient monitoring of DLA's evolving market position in the competitive apparel sector. Combine these updates with SEC filings and earnings call transcripts for comprehensive analysis.
Delta Apparel, Inc. (NYSE American: DLA) reported its fiscal year 2024 second-quarter results, with net sales of $78.9 million, a decrease from the prior year. The Salt Life Group segment saw net sales of $15.5 million, while the Delta Group segment had $63.4 million in net sales. Gross margins were significantly impacted, with the Delta Group segment at (6.3%) and the Salt Life Group segment at 47.5%. Operating loss increased to $24.4 million, with an adjusted loss of $6.0 million. Earnings before interest, taxes, depreciation, and amortization (EBITDA) showed a loss of $20.9 million. The net loss increased to $36.3 million, or $5.15 per share. Total net debt decreased by approximately 35% to $126.2 million as of March 30, 2024.
Delta Apparel, Inc. (NYSE American: DLA) has announced that it will release its fiscal year 2024 second quarter results on May 8, 2024. The company will also hold a conference call to discuss its financial results on the same day. Interested parties can join the call or view a live webcast on the company's website. A replay of the call will be available for a time.