Delta Apparel (DLA) Tops Q2 EPS by 2c
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Delta Apparel Reports Fiscal 2016 Second Quarter and Six-Month Results
May 12, 2016 7:30 AM EDTGREENVILLE, S.C., May 12, 2016 (GLOBE NEWSWIRE) -- Delta Apparel, Inc. (NYSE MKT: DLA) today reported that for its fiscal 2016 second quarter ended April 2, 2016, expanded gross margins drove net income to $3.4 million, or $0.43 per diluted share. Â Net sales, impacted to some degree by the bankruptcy of a large retail customer, were $109.2 million for the quarter compared with sales of $109.6 million in the prior year second quarter after adjusting for sales of $5.4 million in the since-divested The Game business and under the Kentucky Derby license that the Company did not seek to renew for... More
