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Delta Apparel Inc. - DLA STOCK NEWS

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.

Overview of Delta Apparel Inc.

Delta Apparel Inc. (DLA) is an international design, manufacturing, sourcing, and marketing company with a diverse portfolio of high quality branded and private label activewear apparel and headwear. With an operational emphasis on both casual and athletic wear, the company produces a wide assortment of clothing including embellished and unembellished t-shirts, athletic tops and bottoms, as well as licensed and branded headwear. By integrating state‐of‐the‐art manufacturing practices with creative design, Delta Apparel has carved out a distinct niche in the vibrant and ever-evolving apparel market.

Business Model and Core Operations

At its core, Delta Apparel Inc. operates through a multifaceted business model that balances design, production, and broad distribution. The company focuses on creating apparel collections that cater to varied consumer tastes and needs, ensuring a fine blend of fashion-forward designs and practical athletic wear. Its revenue is largely driven by an agile production network that supports both branded labels and private label operations, making it a crucial partner for retailers ranging from specialty boutiques to large department chains, sporting goods outlets, and even select institutional markets such as college bookstores and military supply channels.

Distribution and Market Reach

Delta Apparel is strategically positioned in its distribution landscape, supplying products to a diverse marketplace. Its distribution channels include upscale and traditional department stores, mid-tier retail enterprises, specialty boutiques, and store chains dedicated to sporting goods as well as screen printers. This expansive and versatile distribution system not only broadens its consumer reach but reinforces its robust market presence. This structure allows the company to adapt quickly to changing market trends and consumer preferences, ensuring that its apparel is accessible to a wide demographic ranging from everyday consumers to specialized market segments.

Product Portfolio and Brand Diversity

The product lineup of Delta Apparel Inc. is both extensive and varied, bolstered by a reputation for quality and style. The company's offerings span a spectrum of apparel products, featuring intricately designed athletic wear and casual clothing. With a commitment to both licensed and branded products, Delta Apparel caters to fashion-conscious consumers as well as retail partners looking for dependable private label solutions. The balanced emphasis on both innovation in design and reliable manufacturing processes facilitates sustained competitiveness in a rapidly evolving industry.

Supply Chain and Sourcing Expertise

Delta Apparel's success is underpinned by a globally integrated supply chain that emphasizes efficiency and quality control. The company leverages a network of sourcing partnerships and manufacturing facilities to ensure that every product meets strict quality standards. By employing rigorous sourcing strategies, Delta Apparel can maintain consistency and deliver products that embody both durability and style, which is crucial in today’s competitive activewear and headwear market. This approach underscores the company’s mastery over complex supply chain dynamics and its ability to operate effectively on an international scale.

Operational Excellence and Quality Assurance

Quality assurance is a central pillar of Delta Apparel Inc.'s operations. Through stringent quality control processes and continuous improvement initiatives, the company ensures that its apparel not only meets but exceeds industry standards. This dedication to excellence is evident in every facet of the manufacturing process—from conceptual design to final production—thus reinforcing the company’s reputation for reliability and value. The strategic integration of quality measures within its operational framework resonates well with partners and consumers alike, who demand high standards of product durability and performance.

Industry Position and Competitive Landscape

Operating within the competitive realm of apparel manufacturing and design, Delta Apparel Inc. has positioned itself as a significant entity through its diversified product mix and robust distribution network. The company faces challenges similar to other players in the activewear and headwear space, such as maintaining cost efficiencies while meeting consumer demand for innovative designs. However, Delta Apparel distinguishes itself through its dual focus on branded and private label markets, its extensive list of sales channels, and a demonstrated ability to adapt to market trends and operational shifts. This balanced approach enhances its competitive stance and reinforces its market significance within a diverse and ever-changing industry environment.

Customer Focus and Market Adaptability

Delta Apparel Inc. understands that the foundation of long-term success lies in its unwavering focus on customer needs. The company’s commitment to understanding market trends and consumer purchasing behaviors is reflected in its product development cycles and marketing strategies. By tailoring its apparel collections to a wide range of customer segments—from fashion-oriented individuals to institutional buyers—the company effectively answers the diverse needs of today’s global marketplace. This customer-centric approach ensures that Delta Apparel continues to be a reliable partner for both retail clients and individual consumers seeking quality and style in activewear and headwear.

Strategic Approach to Innovation

Innovation remains at the heart of Delta Apparel's operations. The company consistently invests in research and development, seeking to integrate contemporary design techniques with advanced manufacturing processes. This blend of creativity and technical precision has allowed Delta Apparel to maintain a dynamic product portfolio that resonates with a spectrum of market segments, including those focused on athletic and casual wear. Such dedication to continuous improvement not only facilitates the creation of trendsetting apparel but also reinforces the company’s status as a notable influencer in the broader apparel market.

Emphasis on Expertise and Reliability

Throughout its operations, Delta Apparel Inc. has demonstrated a deep understanding of the complexities inherent in the apparel manufacturing industry. The company’s strategic decisions in design, its rigorous quality control, and its diversified market approach provide an excellent example of operational excellence in a competitive landscape. Evidenced by its consistent ability to deliver high-quality, reliable apparel, Delta Apparel has built a solid foundation that speaks to both its experience and expertise in the industry. This holistic approach is integral to the company’s continued presence and influence within the activewear and headwear market segments.

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Delta Apparel, Inc. reports double-digit sales growth in Q2 2023, driven by Salt Life and DTG2Go businesses. Salt Life achieves record sales and profitability, expands license portfolio. DTG2Go sees nearly 20% topline expansion. Net sales for Q2 2023 were $110.3 million, compared to $131.7 million in Q2 2022. Gross margins declined to 14.7% from 25.5% due to production curtailments and inflationary costs. Operating income declined from $14.3 million to a loss of $5.4 million. Net income declined from $10.1 million to a loss of $7.0 million. Net inventory decreased by $15.7 million from December 2022. Total net debt increased to $194.3 million. The Company spent $2.0 million on capital expenditures in Q2 2023.
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Delta Apparel, Inc. (NYSE American: DLA) announced its participation in the 35th Annual ROTH Conference from March 12-14, 2023, at The Ritz Carlton in Laguna Niguel, California. The company will conduct one-on-one meetings on March 13 and March 14 to discuss its business strategy and financial results. Interested parties can schedule meetings by contacting Roth at oneononerequests@roth.com. Delta Apparel is recognized for its innovative activewear and lifestyle products, including brands like Salt Life® and Soffe®. The company operates across the USA, Honduras, El Salvador, and Mexico, employing approximately 8,500 people.

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Delta Apparel, Inc. (NYSE American: DLA) announced the launch of Salt Life Home, its first home furnishings collection, set for 2024. Developed via a partnership with Magnussen Home, the collection will feature a variety of coastal-inspired products, enhancing the Salt Life brand's diversification into the multi-billion-dollar home goods market. The offering includes items for living, dining, entertainment, and more, embodying the brand's ocean aesthetic. Delta Apparel anticipates that this expansion will significantly boost royalty income through their growing licensing portfolio, which already includes branded restaurants and beverages.

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Delta Apparel, Inc. (DLA) reported first quarter sales of $107 million for fiscal year 2023, a decrease from $110.7 million year-over-year. Salt Life Group saw a 17% sales increase to $10.3 million, while DTG2Go achieved nearly 20% growth. However, gross margins fell to 12.7% from 20.8% due to inflation and production shutdowns, leading to an operating loss of $2.59 million compared to a profit of $5.9 million last year. Net income also declined to a loss of $3.6 million per diluted share. Total net debt rose to $185 million, with cash on hand decreasing to $27.2 million. The company plans a conference call on February 7, 2023, to discuss results and outlook.

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Delta Apparel, Inc. (DLA) will report its fiscal year 2023 first quarter results on February 7, 2023, after market close. A conference call with senior management will occur at 4:30 p.m. ET to discuss financial outcomes and business outlook. Dial-in numbers are 877-704-4453 for U.S. participants and 201-389-0920 for international callers. A live webcast will also be available at www.deltaapparelinc.com. Replay access will be available until March 7, 2023, using 844-512-2921 as the toll-free number for U.S. callers.

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Delta Apparel, Inc. (NYSE American: DLA) announced preliminary sales results for Q1 2023, forecasting net sales of approximately $106 million. The Salt Life Group segment experienced a robust 17% growth, driven by double-digit increases in direct-to-consumer retail and eCommerce. The DTG2Go segment led with a 20% growth year-over-year. However, a decline was noted in the Delta Direct channel due to market conditions.

CEO Robert W. Humphreys emphasized the company's resilience despite demand-related challenges in mass retail.

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Delta Apparel, Inc. (AMEX: DLA) will present at the ICR Conference 2023 in Orlando, Florida, on January 9, 2023, at 10:00 a.m. Eastern Time. The company plans to discuss its business strategy and financial results during a fireside chat and will also engage in one-on-one meetings with investors. A webcast will be available on Delta Apparel's website. The company specializes in activewear, lifestyle apparel, and digital print fulfillment, employing around 8,600 people across the U.S., Honduras, El Salvador, and Mexico.

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FAQ

What is the current stock price of Delta Apparel (DLA)?

The current stock price of Delta Apparel (DLA) is $0.58 as of June 28, 2024.

What is the market cap of Delta Apparel (DLA)?

The market cap of Delta Apparel (DLA) is approximately 4.1M.

What core business activities does Delta Apparel Inc. engage in?

Delta Apparel Inc. focuses on designing, manufacturing, sourcing, and marketing high-quality activewear apparel and headwear. Its operations span both branded and private label offerings, catering to a diverse range of retail channels.

How does Delta Apparel generate revenue?

The company generates revenue through its diversified approach, selling clothing and headwear via multiple distribution channels such as specialty boutiques, department stores, and institutional accounts. This multi-channel strategy helps maintain its position in various market segments.

What types of apparel products does Delta Apparel produce?

Delta Apparel produces a broad spectrum of products including casual and athletic tops, bottoms, embellished and unembellished t-shirts, and licensed clothing and headwear. This varied portfolio allows the company to appeal to a wide range of consumers and retail clients.

Who are Delta Apparel's primary customers?

The company serves a wide array of customers including specialty and boutique stores, upscale department stores, sporting goods stores, private label accounts, and even specific institutional sectors such as college bookstores and military supply channels.

How does Delta Apparel ensure product quality?

Quality assurance is integral to Delta Apparel’s operations. The company maintains stringent quality control measures throughout its design and manufacturing processes to ensure that every product meets high standards of durability and performance.

What distinguishes Delta Apparel from its competitors?

Delta Apparel distinguishes itself through its dual focus on both branded and private label markets, its extensive and diverse distribution network, and its commitment to innovation in design and manufacturing. This approach allows the company to adapt effectively in a competitive industry.

How does Delta Apparel manage its global supply chain?

The company leverages a globally integrated supply chain network to secure sourcing partnerships and maintain efficient manufacturing processes. This allows it to manage production costs and quality control effectively across international markets.
Delta Apparel Inc.

NYSE:DLA

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DLA Stock Data

4.09M
7.05M
15.49%
59.61%
0.76%
Apparel Manufacturing
Wholesale-apparel, Piece Goods & Notions
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United States
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