Delta Apparel Stock Gains As Preliminary Q3 Sales, EPS Top Consensus

by Shivani Kumaresan, Benzinga Staff Writer

July 15, 2021 11:46 AM | 29 seconds read | Make a Comment

Delta Apparel Inc DLA reported preliminary third quarter FY21 net sales growth of 65% year-on-year to $118 million, against the consensus of $108 million.
The stronger than anticipated sales performance reflected strong Salt Life Group revenue across all sales channels.
The company expects EPS of $0.90 for the quarter, versus analyst consensus of $0.62.
"Our June quarter performance is a true testament to the power of our diversified business model,” said CEO Robert W. Humphreys.
Price action: DLA shares are trading higher by 9.45% at $33.00 on the last check Thursday.

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