top shadow

Trade Readers:
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand

current news

Delta Apparel Revenues Drop 38.5%

(Filed Under Financial and General Interest News). Delta Apparel Inc. called its $107.9 million net sales record-breaking for the first quarter ended October 2: an 8.9 percent increase from last year’s first quarter results.

Net income, however, fell 38.5 percent; to $1.6 million, or 19 cents per diluted share, from $2.6 million, or 30 cents per diluted share, which the company attributed to costs related to the acquisition of The Cotton Exchange on July 12, as well as expenses from the start-up of the marketing of Art Gun. Other factors driving the company’s income down were volatile cotton prices and a weak marketplace.

“The first quarter was marked by several strategic investments aimed at accelerating growth in some of our recently acquired businesses,” Robert Humphreys, chairman and CEO of the activewear and casual apparel maker, said. “While this resulted in reduced profitability, we are committed to making the necessary investments to promote our long-term growth strategies. Although the apparel marketplace remains difficult, we remain on track to reach our full year financial targets for 2011 [of net sales in the range of $455 to $465 million, earnings in the range of $1.55 to $1.70 per diluted share, and organic growth of between 3 and 6 percent.”

The activewear segment’s sales increased 5.1 percent driven by growth in both catalog and private label. The sales increase resulted from a growth of approximately 10 percent in average selling prices, partially offset by a 5 percent decline in unit sales.

Retail-ready sales increased 12.3 percent; to $58.4 million from $52 million. This sales growth resulted from revenue in The Cotton Exchange, partially offset by a 1.1 organic sales decline.

Delta Apparel Inc. is an international design, marketing, manufacturing and sourcing company of branded and private label activewear apparel and headwear. Its operating subsidiaries are M.J. Soffe; Junkfood Clothing Company; To the Game; Art Gun; and TCX.

For further information, contact Deborah Merrill, C.F.O of the company, by calling (864) 232-5200 ext. 6620.

more Financial and General Interest News >>

Published 11-01-2010 by Amanda Torres Price

Related Articles

Delta Apparel Revenues Drop 38.5%
Delta revenue up 19% in ’10

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.

NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow