DLA - Delta Apparel down 1.3% after prelim FQ1 reports
- Delta Apparel ( NYSE: DLA ) stock price down 1.3% post market after the company expects overall Q1 net sales of ~$106M, highlighted by 17% sales growth in the Salt Life Group segment.
- Includes double-digit growth across its direct-to-consumer retail and eCommerce channels combined with continued growth in its wholesale customer base.
- The Delta Group segment was led by 20% growth at DTG2Go over the prior year Q1.
- Robert W. Humphreys, Chairman and CEO, commented, “The top-line performance we delivered this quarter showcases the inherent resiliency of our business model and the strength we saw in the majority of our sales channels allowed us to overcome some demand-related headwinds in the mass retail channel.”
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Delta Apparel down 1.3% after prelim FQ1 reports