Delta Apparel (DLA) Misses Q1 EPS by 6c
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Delta Apparel Reports Fiscal 2017 First Quarter Results
February 6, 2017 4:05 PM ESTGREENVILLE, S.C., Feb. 06, 2017 (GLOBE NEWSWIRE) -- Delta Apparel, Inc. (NYSE MKT: DLA) today reported net sales of $85.3 million for its fiscal 2017 first quarter ended December 31, 2016, down $4.8 million, or 5.4%, from $90.2 million for the 2016 first quarter. Art Gun and ecommerce showed strong revenue growth but overall sales for the quarter were hindered by the impact of Hurricane Matthew, the closure of a large sports retailer, lower sales in Junkfoods specialty channel due to the difficult retail environment, and inventory destocking at major retail licensing accounts in the Delta catalog business.
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