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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Delta Apparel's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Delta Apparel's position in the market.

Rhea-AI Summary
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:DLA

DLA Rankings

DLA Stock Data

17.98M
5.38M
15.49%
63.26%
0.94%
Apparel Accessories and Other Apparel Manufacturing
Manufacturing
Link
United States of America
DULUTH

About DLA

delta apparel, inc. is an international design, manufacturing, sourcing and marketing company that features a diverse portfolio of high quality branded and private label activewear apparel and headwear. we specialize in selling a variety of casual and athletic tops and bottoms, embellished and unembellished t-shirts, and licensed and branded clothing and headwear for the ever-changing apparel market. we focus on our broad distribution of apparel products to specialty and boutique stores, upscale and traditional department stores, mid-tier retailers, sporting goods stores, screen printers, and private label accounts. in addition, certain products are sold in college bookstores and to the united states military.