Home / Knowledge / News / Apparel/Garments / EPS slides 41.8% at Delta Apparel in Q3FY16
EPS slides 41.8% at Delta Apparel in Q3FY16
Aug '16
Courtesy: Delta Apparel
Courtesy: Delta Apparel
Earnings per diluted share at clothing retailer Delta Apparel slid 41.81 per cent year on year to $0.32 for its fiscal third quarter ended July 2, 2016.

“Excluding the $1.8 million pre-tax charge taken during the quarter, earnings would have been $0.50 per diluted share,” the company said.

Delta Apparel reported net sales of $111.6 million in the third quarter of fiscal 2016-17, down from $120.5 million in the prior fiscal's third quarter.

“While net sales in the third quarter were negatively impacted by continued weakness in the retail environment, gross margins expanded 150 basis points,” Delta Apparel informed.

For the first nine months of the current fiscal, net sales amounted to $310.9 million, also down from $328.9 million in the same period of prior fiscal.

In the nine month period, net income rose to $6.7 million, or $0.84 per diluted share, compared to $3.9 million, or $0.48 per diluted share, in the nine month period of earlier fiscal. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Hannah Lane

Encouragement from brands will motivate supply chains to become more...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search