Delta Apparel, Inc., through its subsidiaries, designs, manufactures, sources, and markets activewear and lifestyle apparel products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It offers on-demand digitally printed apparel products under the DTG2Go brand; silhouettes and fleece products; performance shirts that keep athletes dry under the Delta Dri line brand; ringspun garments; Delta Soft apparel products; and mid- and heavier-weight tee shirts under the Delta Pro Weight and Magnum Weight brand names, as well as polos, outerwear, headwear, bags, and other accessories. The company also provides activewear products for women, men, juniors, and children; and spirit wear, team wear, and military wear under the Soffe brand through various distribution channels, which include military branches, big box and independent sporting goods retailers, e-retailers, team dealers, school uniform suppliers, and specialty stores, as well as through www.soffe.com website and retail stores. In addition, it offers apparel, swimwear, sunglasses, bags, and accessories under the Salt Life brand name; and craft beer under the Salt Life Lager brand through surf shops, specialty stores, department stores, and outdoor retailers, as well as through its ecommerce site www.saltlife.com. Further, the company provides casual apparel under the Coast brand name through branded retail locations and ecommerce site at www.coastapparel.com, as well as upscale specialty and resort stores. Delta Apparel, Inc. was founded in 1999 and is headquartered in Greenville, South Carolina.
IPO Year: 2000
Exchange: AMEX
Website: deltaapparelinc.com
Delta Apparel, Inc. (NYSE:DLA), a provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2024 second quarter ended March 30, 2024. For the second quarter ended March 30, 2024: Net sales were $78.9 million compared to prior year period net sales of $110.3 million. Salt Life Group segment net sales were $15.5 million compared to prior year period net sales of $18.9 million. Net sales in the Delta Group segment were $63.4 million compared to $91.3 million in the prior year period. Gross margins were 4.3% compared to 14.7% in the prior year period, driven primarily by production curtailments in the D
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2024 second quarter results on Wednesday, May 8, 2024, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results. The Company invites you to join the call by dialing 800-343-4136. If calling from outside the United States, the dial-in number is 203-518-9843. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at least 15 minutes early to register for
Focus on Cost Restructuring and Capital Optimization Continues Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2024 first quarter ended December 30, 2023. Chairman and Chief Executive Officer Robert W. Humphreys commented, "Many of the unfavorable market dynamics we saw across our business and the activewear industry last year persisted during our first quarter. We continued to take decisive action to improve our balance sheet and streamline our cost structure and operations. Our debt and inventory levels were down more than 20% year-over-year and we ar
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2024 first quarter results on Monday, February 12, 2024, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results. The Company invites you to join the call by dialing 888-886-7786. If calling from outside the United States, the dial-in number is 416-764-8658. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at least 15 minutes early to register f
Enhanced Cost Structure and Operating Landscape Pave Way for Growth Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2023 fourth quarter and full year ended September 30, 2023. Delta Apparel Chairman and Chief Executive Officer Robert W. Humphreys commented, "Fiscal 2023 was undoubtedly a challenging year for our Company and the industry given the reduced demand environment following last year's post-pandemic seller's market. However, it was also a transformative year for our Company where we implemented a number of needle-moving initiatives across our b
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2023 fourth quarter and year-end results on Thursday, December 7, 2023, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results and business outlook. The Company invites you to join the call by dialing 877-704-4453. If calling from outside the United States, the dial-in number is 201-389-0920. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at
Ocean Lifestyle and Performance Brand Makes Waves with New Retail Doors in New Markets Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, is pleased to announce the continued expansion of its Salt Life® brand's retail footprint through the opening of three new retail locations. These new doors include the brand's first location in Virginia as well as two additional Florida locations and represent the next phase in Salt Life's branded retail strategy offering both full-price and outlet options that cater to a wide audience eager to explore its range of high-quality ocean performance and lifestyle gear. Salt Life
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced that it has received an unsolicited offer to purchase its Salt Life business unit and its Board of Directors has engaged Baird as the Company's financial advisor. Bob Humphreys, Chairman and Chief Executive Officer, commented, "Our Board of Directors and management team are committed to maximizing value for Delta Apparel shareholders, and we believe it is in their best interests to conduct a thorough review of strategic options for our Salt Life business given the widespread interest in it. The Salt Life team has done an excellent job in taking
Brand Launches Give Back Tee to Benefit Individuals Impacted by the Natural Disaster Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced that Salt Life, the performance and lifestyle brand for saltwater pursuits of all kinds, has launched a specialty giveback t-shirt to help people affected by the Hawaii wildfire. The gross profit of $18 from the sale of each shirt will go directly to the American Red Cross, offering aid, food, and shelter to those impacted by the fires. "Our hearts are with the people of Maui as they navigate this devastating tragedy," said Jeff Stillwell, President of Salt Li
Significantly Improved Operating Environment Sets Stage for Return to Growth Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2023 third quarter ended July 1, 2023. Chairman and Chief Executive Officer Robert W. Humphreys commented, "We saw encouraging indications throughout the quarter that the two major trends impacting both our business and the entire industry this year - elevated cotton pricing and demand destruction from high inventory levels in the retail supply chain - are receding and we are moving into a more normalized operating environment. I'
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Delta Apparel, Inc. (NYSE:DLA), a provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2024 second quarter ended March 30, 2024. For the second quarter ended March 30, 2024: Net sales were $78.9 million compared to prior year period net sales of $110.3 million. Salt Life Group segment net sales were $15.5 million compared to prior year period net sales of $18.9 million. Net sales in the Delta Group segment were $63.4 million compared to $91.3 million in the prior year period. Gross margins were 4.3% compared to 14.7% in the prior year period, driven primarily by production curtailments in the D
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2024 second quarter results on Wednesday, May 8, 2024, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results. The Company invites you to join the call by dialing 800-343-4136. If calling from outside the United States, the dial-in number is 203-518-9843. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at least 15 minutes early to register for
Focus on Cost Restructuring and Capital Optimization Continues Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2024 first quarter ended December 30, 2023. Chairman and Chief Executive Officer Robert W. Humphreys commented, "Many of the unfavorable market dynamics we saw across our business and the activewear industry last year persisted during our first quarter. We continued to take decisive action to improve our balance sheet and streamline our cost structure and operations. Our debt and inventory levels were down more than 20% year-over-year and we ar
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2024 first quarter results on Monday, February 12, 2024, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results. The Company invites you to join the call by dialing 888-886-7786. If calling from outside the United States, the dial-in number is 416-764-8658. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at least 15 minutes early to register f
Enhanced Cost Structure and Operating Landscape Pave Way for Growth Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2023 fourth quarter and full year ended September 30, 2023. Delta Apparel Chairman and Chief Executive Officer Robert W. Humphreys commented, "Fiscal 2023 was undoubtedly a challenging year for our Company and the industry given the reduced demand environment following last year's post-pandemic seller's market. However, it was also a transformative year for our Company where we implemented a number of needle-moving initiatives across our b
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2023 fourth quarter and year-end results on Thursday, December 7, 2023, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results and business outlook. The Company invites you to join the call by dialing 877-704-4453. If calling from outside the United States, the dial-in number is 201-389-0920. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at
Significantly Improved Operating Environment Sets Stage for Return to Growth Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2023 third quarter ended July 1, 2023. Chairman and Chief Executive Officer Robert W. Humphreys commented, "We saw encouraging indications throughout the quarter that the two major trends impacting both our business and the entire industry this year - elevated cotton pricing and demand destruction from high inventory levels in the retail supply chain - are receding and we are moving into a more normalized operating environment. I'
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2023 third quarter results on Thursday, August 3, 2023, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results and business outlook. The Company invites you to join the call by dialing 888-886-7786. If calling from outside the United States, the dial-in number is 416-764-8658. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at least 15 minutes
Record Sales Pace and Double-Digit Growth at Salt Life and DTG2Go Continue Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel, and on-demand digital print strategies, today announced financial results for its fiscal year 2023 second quarter ended April 1, 2023. Chairman and Chief Executive Officer Robert W. Humphreys commented, "Our second quarter performance highlights the durability and inherent advantages in our multi-market strategy during uneven demand cycles. We achieved double-digit sales growth across three of our five go-to-market channels and saw strength in areas where we provide decorated ‘consumer ready' products directly to end-users o
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear, lifestyle apparel products, and on-demand digital print strategies, today announced that it will report its fiscal year 2023 second quarter results on Thursday, May 4, 2023, after the market closes. At 4:30 p.m. ET on that day, the Company will also hold a conference call with senior management to discuss its financial results and business outlook. The Company invites you to join the call by dialing 888-886-7786. If calling from outside the United States, the dial-in number is 416-764-8658. A live webcast of the conference call will be available at www.deltaapparelinc.com. Please visit the website at least 15 minutes e
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Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear and lifestyle apparel products, announced today the addition of Patrick Bowman as Senior Director of DTG2Go, its digital print business unit, effective October 17, 2022. Matt Miller, Delta Group President commented, "We are delighted to welcome Patrick to the team. Patrick's experience in leading production across multiple locations in a fast-paced consumer digital printing business will be vital to the exciting growth of DTG2Go. Patrick will oversee and lead all operational aspects of the DTG2Go business unit and will be responsible for on-time, on-quality, and on-cost delivery of production targets." Patrick brings to
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear and lifestyle apparel products, announced today the appointment of Sonya E. Medina to its Board of Directors. Ms. Medina brings to the Delta Apparel Board of Directors over 22 years of multi-industry and federal government experience including seven years as a White House Commissioned Officer, and over 15 years in the business sector. Her professional experience includes leading a Fortune 100 corporate global foundation, serving as corporate affairs and sustainability executive for a global consumer brand, and co-founding a venture capital real estate investment group. Ms. Medina is recognized for her Corporate Social Re
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear and lifestyle apparel products, announced today that its Board of Directors has appointed Matt Miller as the Company's President, Delta Group effective April 25, 2022. Robert W. Humphreys, the Company's Chairman and Chief Executive Officer commented, "We are pleased to announce the appointment of Matt Miller as President, Delta Group. Matt is an experienced and proven business leader with a track record of building high-performance business teams while executing and delivering strong and profitable results. Matt will assume full profit and loss responsibility of the Delta Group and leadership responsibility for organizat
Delta Apparel, Inc. (NYSE:DLA), a leading provider of core activewear and lifestyle apparel products, announced today that its Board of Directors has appointed Simone Walsh as the Company's Vice President, Chief Financial Officer & Treasurer. Deborah Merrill submitted her resignation, but has agreed to continue working with the Company on an orderly transition of her responsibilities to Ms. Walsh through January 22, 2022. Ms. Walsh, age 49, has most recently served as Vice President – Deputy Controller of Novelis Inc., since September 2020. Prior to that, she served as Chief Accounting Officer, Controller and principal accounting officer of PRGX Global, Inc. from April 2019 to September 20
Trading in the Company's common stock will be suspended immediately.
Delta Apparel, Inc. (NASDAQ:DLA) shares are trading lower and are halted during Monday’s session after the company announced that it filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. On June 30, Delta Apparel and its domestic subsidiaries, including Salt Life Beverage, LLC and Salt Life, LLC, filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. The debtors will continue operating as debtors-in-possession and seek to sell their assets through competitive bidding or strategic arrangements. They are also seeking approval for initial motions to maintain normal operations during the bankruptcy process. Additionally, th
On June 30, 2024 (the “Petition Date”), Delta Apparel, Inc. (the “Company”) and its domestic direct and indirect subsidiaries (collectively with the Company, the “Debtors”), including Salt Life Beverage, LLC and Salt Life, LLC (“Salt Life”), filed voluntary petitions (the “Chapter 11 Cases”) under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Debtors have requested that the Bankruptcy Court administer the Chapter 11 Cases jointly under the caption, In re: Salt Life Beverage, LLC, et al, Case No. 24-11468 (LSS). The Debtors will continue to operate their businesses as
Gainers Delta Apparel (AMEX:DLA) stock rose 11.2% to $0.72 during Friday's pre-market session. The company's market cap stands at $5.0 million. Connexa Sports Techs (NASDAQ:YYAI) shares rose 9.86% to $0.47. The company's market cap stands at $19.2 million. Red Robin Gourmet Burgers (NASDAQ:RRGB) shares increased by 9.21% to $8.3. The company's market cap stands at $130.1 million. Purple Innovation (NASDAQ:PRPL) stock moved upwards by 7.34% to $0.96. The market value of their outstanding shares is at $102.7 million. ATRenew (NYSE:RERE) shares rose 4.78% to $2.19. The market value of their outstanding shares is at $485.5 million. CarParts.com (NASDAQ:PRTS) stock increased by 4.54% to $1.
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The DTG2Go Exit Plan was approved after evaluating the ongoing market, operational and liquidity challenges discussed above, including the expected impact of the loss of DTG2Go’s largest customer on forecasts of DTG2Go’s current and future years business performance. In addition, the Company’s deteriorating liquidity position and lack of funding has continued to prevent it from purchasing raw materials necessary to operate its manufacturing facilities and to pay compensation and benefits due to employees.