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

  • 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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!