Delta Apparel, Inc. Provides Preliminary Earnings Guidance for the First Quarter Ended December 29, 2018
January 14, 2019 at 05:30 pm IST
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Delta Apparel, Inc. provided preliminary earnings guidance for the first quarter ended December 29, 2018. For the quarter, the company anticipates overall net sales to come in ahead of expectations at approximately $101 million, or about a 12% increase from prior year net sales of $90.3 million. The company expects earnings per share for the quarter to be above the prior year period's reported earnings per share.
Delta Apparel, Inc. is a vertically integrated, international apparel company. The Company designs, manufactures, sources, and market a diverse portfolio of core activewear and lifestyle apparel products under its primary brands of Salt Life, Soffe, and Delta. It operates through two segments: Delta Group and Salt Life Group. The Delta Group segment consists of its business units primarily focused on activewear styles: DTG2Go and Delta Activewear. The Salt Life Group segment comprises its Salt Life business, which is built on the authentic, aspirational Salt Life lifestyle brand. Delta Activewear is a preferred supplier of activewear apparel to regional and global brands, as well as direct-to-retail and wholesale markets. It also specializes in selling casual and athletic products through a variety of distribution channels and tiers. Its On-Demand DC digital solution provides retailers and brands with immediate access to utilize DTG2Goâs network of print and fulfillment facilities.
DELTA APPAREL, INC. 
