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Delta Apparel Inc. (symbol: DLA) is an international leader in the design, manufacturing, sourcing, and marketing of high-quality branded and private label activewear and headwear. The company features a diverse portfolio that encompasses a wide range of casual and athletic tops and bottoms, both embellished and unembellished t-shirts, as well as licensed and branded clothing and headwear.
Core Business: Delta Apparel operates through two main segments: Delta Group and Salt Life Group. The Delta Group segment focuses on lifestyle basics and branded activewear apparel, headwear, and related accessories. The Salt Life Group, meanwhile, offers a line of lifestyle clothing and accessories inspired by the ocean. These segments allow the company to cater to various market tiers, including specialty and boutique stores, upscale and traditional department stores, mid-tier retailers, and sporting goods stores.
Distribution: Delta Apparel's products are sold through a broad distribution network. This includes specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and even the United States military. The company also operates online retail channels and physical retail stores, making their products readily accessible to a diverse customer base.
Financial Condition: Delta Apparel derives the majority of its revenue from wholesale operations through the Delta Group in the United States. The company has shown resilience in the ever-changing apparel market by continually evolving its product offerings and distribution strategies.
Recent Achievements and Projects: The company has been focusing on expanding its e-commerce capabilities and increasing its direct-to-consumer sales. Efforts to innovate in product design and sustainability have also been key points of focus. Delta Apparel continues to strengthen its market position through strategic partnerships and collaborations, ensuring they remain a top contender in the global apparel industry.
Keep up with the latest news and updates about Delta Apparel Inc. to stay informed about their performance, events, and significant developments.
Delta Apparel, Inc. (DLA) reported a robust second quarter for fiscal 2022, achieving record net sales of $131.7 million, a 21% increase year-over-year. The company’s diluted EPS reached $1.44, up over 130%. Improvements were noted in gross margins at 25.5%, and operating income rose to $14.3 million. The Delta Group segment saw 22% growth, while Salt Life segment sales increased by 14%. The company also invested significantly in capital expenditures, totaling $10.5 million, and continued a share repurchase program with $4.5 million remaining. Strong performance persisted despite market challenges.
Delta Apparel appoints Sonya E. Medina to its Board of Directors, enhancing its governance with her extensive experience in multi-industry roles and corporate social responsibility. Medina's background includes over 22 years in various sectors, including her time as a White House Commissioned Officer and leadership in Fortune 100 companies. She is recognized for her contributions to sustainability and brand management. Delta Apparel’s CEO, Robert W. Humphreys, expressed confidence that Medina's insights will benefit the company and its shareholders.
Delta Apparel, Inc. (NYSE American: DLA) will report its fiscal Q2 2022 results on May 3, 2022, after market close. A conference call with management will follow at 4:30 p.m. ET, discussing financial results and future outlook. Interested participants can join by calling 877-704-4453 (international: 201-389-0920). A live webcast will be available on the company's website, and the replay can be accessed until June 3, 2022.
Delta Apparel offers core activewear and lifestyle apparel, leading in the direct-to-garment print and fulfillment sectors.
Delta Apparel, Inc. (DLA) has appointed Matt Miller as the new President of the Delta Group, effective April 25, 2022. Miller, an experienced leader, will oversee all operations, including sales, marketing, and manufacturing. Previously, he served as Interim CFO at Ardmore Home Designs and was President and CEO of Interface Americas, managing approximately $700 million in revenue. His extensive background in driving profitable growth across various industries is expected to enhance Delta's performance.
Delta Apparel (NYSE American: DLA) announced a preliminary net sales record of approximately
Delta Apparel (AMEX: DLA) has announced the expansion of its digital print business through advanced technology developed for its DTG2Go unit. This collaboration with Fanatics enables customized orders to be completed within 24 hours. The new process enhances garment quality and meets high standards for Fanatics' licensed sports merchandise. Delta anticipates significant growth in its on-demand digital print services and plans to further increase its digital equipment fleet, reflecting a strong partnership aimed at servicing the rising demand for customized apparel.
Delta Apparel, Inc. (NYSE American: DLA) announced its participation in the Shareholder Equity Conference on March 28, 2022, at 8:30 a.m. ET. The virtual event will feature a fireside chat format, allowing investors to interact directly with management. A livestream will be available on the Shareholder Equity Conference website and Delta Apparel's official site. An archived replay will be accessible for 90 days post-event. The company, known for its activewear and lifestyle apparel, operates several brands, including Salt Life and Soffe.
Delta Apparel, Inc. (AMEX: DLA) announced participation in the 34th Annual Roth Conference on March 15, 2022, at the Ritz Carlton Laguna Niguel, California. The company will conduct a fireside chat at 8:30 a.m. PT (11:30 a.m. ET), which will be available via webcast on its website. Additionally, one-on-one meetings are scheduled for March 14-15. Delta Apparel is a leading apparel company known for brands like Salt Life and Soffe, with operations across the U.S., Honduras, El Salvador, and Mexico.
Delta Apparel announced a 17% sales growth for fiscal Q1 2022, reaching a record $110.7 million in net sales, compared to $94.7 million in the prior year. The diluted EPS surged to $0.51, reflecting a 313% increase from $0.13 last year. Growth was driven by robust performance in both the Delta Group and Salt Life segments, with Delta Group sales rising 16% to $101.9 million and Salt Life up 24% to $8.8 million. Despite a slight contraction in gross margins due to inflationary pressures, operating income grew to $5.9 million.
Delta Apparel, Inc. (NYSE American: DLA) will report its fiscal first quarter 2022 results on February 8, 2022, after the market closes. A conference call with management to discuss the results and future outlook will occur at 4:30 p.m. ET. Interested participants can join by dialing 888-394-8218 (internationally: 323-794-2588) or through a live webcast on their website. A replay will be available until March 8, 2022.
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