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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. (AMEX: DLA) has announced a change in the location for its Annual Meeting of Shareholders, now set for February 10, 2022, at 8:30 a.m. ET. The meeting will be held at the Westin Poinsett Greenville in Greenville, South Carolina. Delta Apparel is a leader in the activewear and lifestyle apparel sector, operating brands such as Salt Life and Soffe. The company is renowned for its direct-to-garment digital printing innovation, servicing various retail channels and direct-to-consumer platforms.
Delta Apparel (AMEX: DLA) reported preliminary sales of approximately
Delta Apparel, Inc. (NYSE American: DLA) will participate virtually in the 2022 ICR Conference. A fireside chat is scheduled for January 10, 2022, at 10:00 a.m. Eastern Time. Investors can join the conversation through the company’s webcast available on its website. Delta Apparel, recognized for its activewear and lifestyle apparel, operates internationally with about 8,700 employees and a diverse portfolio under brands including Salt Life and Soffe. More details can be found on their corporate website.
Delta Apparel, Inc. (DLA) reported strong revenue growth for its fiscal Q1 2022, anticipating net sales exceeding $104 million, up from $94.7 million a year prior. This marks a record for the company, surpassing its previous best of $101.7 million in fiscal 2019. Despite challenges like inventory constraints and supply chain issues, the company expects double-digit growth throughout the fiscal year. Additionally, Delta Apparel continues its share repurchase program, with $7.5 million remaining authorized for buybacks, having already repurchased nearly 3.6 million shares for $52.5 million.
Delta Apparel, Inc. (NYSE American: DLA) has appointed Simone Walsh as the new CFO & Treasurer, succeeding Deborah Merrill, who is resigning but will assist in the transition until
Delta Apparel, a leader in activewear and lifestyle apparel, will participate in the virtual Shareholder Equity Conference on November 29, 2021, at 1:00 PM ET. This event features a fireside chat format, allowing investors to engage directly with management. The livestream can be accessed via the Delta Apparel website or the conference platform. An archived replay will be available for 90 days post-event. Delta Apparel operates brands like Salt Life and Soffe, with a workforce of approximately 8,600 across the U.S., Honduras, El Salvador, and Mexico.
Delta Apparel, Inc. (DLA) reported a 15% increase in net sales for the fiscal year 2021, reaching $436.8 million, with a gross margin expansion of 540 basis points to 23.3%. The fourth quarter net sales were $114.7 million, a 5.9% increase on a comparable quarter basis. Operating income improved to $32.8 million, or 7.5% of sales, with net income at $20.3 million, translating to $2.86 per diluted share. The company maintains a solid financial position with low debt leverage at 2.5 times EBITDA, enabling them to fund growth initiatives and enhance shareholder value.
Delta Apparel, Inc. (AMEX: DLA) will report its fiscal year 2021 fourth quarter and year-end results on November 18, 2021, after market close. A conference call with senior management will take place at 4:30 p.m. ET to discuss the financial results and business outlook. Participants can join the call by dialing 800-437-2398 or 323-289-6576 for international callers. A live webcast will be available on the company's website, and a replay will be accessible until December 18, 2021.
Delta Apparel, Inc. (AMEX:DLA) has announced projected fourth-quarter GAAP earnings between
Delta Apparel, Inc. (NYSE American: DLA) announced plans to open five new retail locations for its beach lifestyle brand, Salt Life®, in Florida, South Carolina, and Alabama in early 2022. This expansion comes in response to strong demand for Salt Life products in coastal markets, enhancing brand presence in key areas. The new stores will add to existing locations, which have exceeded sales expectations. CEO Robert W. Humphreys emphasized that these additional stores will further engage consumers and promote the beach lifestyle.
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