Delta Apparel (DLA) Reports Pleminary Q2 Results; Guides
DLA Hot Sheet
EPS Growth %: -66.2%Financial Fact:
Cost of goods sold: 100.35M
Today's EPS Names:
TARO, BRLI, TLB, More
Delta Apparel, Inc. (AMEX: DLA) expects Q2 revenues to be approximately $73 million, which would be an increase of approximately $4 million, or 6.0%, from the prior year's second quarter. Earnings for the quarter ended December 27, 2008 are expected to be approximately $0.05 to $0.06 per diluted share.
For the fiscal year ending June 27, 2009, Delta Apparel reiterates its expectation for revenue to be in the range of $340 million to $360 million and earnings to be in the range of $0.70 to $0.90 per diluted share. This compares to fiscal year 2008 sales of $322.0 million and a loss of ($0.06) per diluted share, inclusive of ($0.39) of costs associated with the textile restructuring plan.
Mr. Humphreys concluded, "Despite the near-term economic challenges, we remain confident that we are building a strong platform for growth in each of our business segments and believe the competitive position and operational capabilities of our business remain healthy for the future."
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Delta Apparel, Inc., along with its wholly-owned subsidiaries, M. J. Soffe, LLC and Junkfood Clothing Company, is an international apparel design, manufacturing, sourcing and marketing company that features a diverse portfolio of high quality branded and private label activewear apparel.
For the fiscal year ending June 27, 2009, Delta Apparel reiterates its expectation for revenue to be in the range of $340 million to $360 million and earnings to be in the range of $0.70 to $0.90 per diluted share. This compares to fiscal year 2008 sales of $322.0 million and a loss of ($0.06) per diluted share, inclusive of ($0.39) of costs associated with the textile restructuring plan.
Mr. Humphreys concluded, "Despite the near-term economic challenges, we remain confident that we are building a strong platform for growth in each of our business segments and believe the competitive position and operational capabilities of our business remain healthy for the future."
Subscribe to EasyStockAlerts.com & Get real-time e-mail alerts when news hits your stocks!
Delta Apparel, Inc., along with its wholly-owned subsidiaries, M. J. Soffe, LLC and Junkfood Clothing Company, is an international apparel design, manufacturing, sourcing and marketing company that features a diverse portfolio of high quality branded and private label activewear apparel.
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