>>
Home / Knowledge / News / Apparel/Garments / Delta Apparel Q4 EPS rises, to open textile plant in Honduras

Delta Apparel Q4 EPS rises, to open textile plant in Honduras

18
Aug '06
Clothing maker Delta Apparel Inc reported financial results for its fourth fiscal quarter and fiscal year ended July 1st 2006.

The company's results for the fiscal 2006 fourth quarter and annual periods include the operations of Junkfood Clothing Company since its acquisition by the company on August 22nd 2005.

For the three months ended July 1st 2006, net sales were a record $82.5 million, an increase of 24.4%, compared to $66.3 million in the prior year's fourth quarter. Gross margins increased 340 basis points to 28.7% compared to 25.3% in the prior year fourth quarter.

For the year ended July 1st 2006, net sales increased 18.4% to a record $270.1 million compared to $228.1 million in the prior year. Gross margins improved 590 basis points to 29.6% compared to 23.6% in the prior year due to increased sales of the higher margin branded apparel products and improved manufacturing costs and lower raw material pricing, offset partially by higher energy and transportation costs.

Robert Humphreys, President and CEO, commented, "We ended our fiscal year with solid results, achieving record sales and record earnings for the year. In our Retail-Ready segment, Soffe achieved a 32.6% sales growth in the fourth quarter over the prior year and its inventory levels position this business appropriately for solid sales growth going into fiscal year 2007."

Humphreys continued, "We are excited to announce the acquisition of Fun-Tees Inc, which is anticipated to close on October 2nd 2006. Fun-Tees will enhance our Activewear segment through its private label programs and its off-shore decorating capabilities. We are also pleased to announce that we are opening a textile facility in Honduras, which will allow us to continue to lower our manufacturing costs and enable us to produce our core activewear products from start to finish at one location."


Must ReadView All

Pic: Shutterstock

Textiles | On 21st Jan 2022

UK CMA to commence compliance review of sustainability claims

To help businesses understand how to communicate their green...

Pic: Dreamstime.com

Apparel/Garments | On 21st Jan 2022

Bangladeshi garment, accessory makers form joint panel to boost export

The Bangladesh Garment Manufacturers and Exporters Association, the...

Pic: Shutterstock

Textiles | On 21st Jan 2022

China to optimise energy production, supply, storage, sales

As the global energy market faces complicated situations, China’s top ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Dhiraj Shah,

Dhiraj Shah

The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), set...

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Payal Singhal, Label - Payal Singhal

Payal Singhal
Label - Payal Singhal

Leading South Asian fashion designer, <b>Payal Singhal </b>known for her...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

THE BOMBAY DYEING ;& MFG.CO. LTD
Arvind Limited
Cat Tuong Real Estate Group Joint Stock Company
KAS Direct Sourcing
Gatsby Africa
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
LC Waikiki
Hela Clothing Pvt Ltd
Aquarelle Clothing Limited
BIMBA ;& LOLA SL
G-Star Raw C.V.
Huntsman (Singapore) Pte Ltd
Splash
Bluestem Global Sourcing Limited
MAS Active / MAS Kreeda / MAS Bodyline
Rosset ;& Cia Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Permoda(Koaj/Armi/Pronto/Bkul)
KIABI
Lisa S.P.A.
Brandix Lanka Limited
Abit
BIANCA
Recron Polyester from Reliance Industries Limited
Sportswear Company Spa
Eastman Chemical Company
Landmark Group
Phong Phu international JSC (PPJ)
J ;& P Coats
The Top Form Brassiere Manufacturing Company Limited
NITI Aayog
Tory Burch Hong Kong Ltd
Lululemon Athletica Inc
IDH – The Sustainable Trade Initiative
Page Industries Limited (Bangalore)
Etam Group Strategy Hong Kong Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Gokaldas Exports Limited
T.T. Limited
SYNERGIES HONG KONG LIMITED
Grasim Industries Limited
The LYCRA Company Singapore  Pte. Ltd
Alix Partners
Green Fibre
Decathlon
Tommy Hilfiger
Aramark Uniform ;& Career Apparel, LLC
Walmart
Rayonese Textile Inc., Division de Culp Inc.
PVH Corporation
TESCO INTERNATIONAL SOURCING LIMITED
Esprit Europe Services GmbH
Helly Hansen Far East Ltd
IKEA of Sweden AB
Midas Clothing Limited
Groz-Beckert East Asia LLP
Benetton Group
Lacoste (Wanchai)
Chico’ FAS
Hirdaramani International Export Private Limited
Vardhman Textile Ltd
Calvin Klein
Vianney Textil Hogar S.A. De C.V.
Desigual - ABASIC, S.A.
Restoque S.A.
John Varvatos
Gap International Sourcing Limited
Tchibo GmbH
OVS Hong Kong Sourcing Ltd.
Chori Company Limited
Maceton Limited
Varner AS Retail
Boardriders Asia Sourcing Limited
Under Armour Global Sourcing Ltd
Guess Europe Sagl,
Target Corporation (MN)
Sainsbury's Argos Asia Limited
Alison Hayes Romania
Sateri (Jiujiang) Fiber Co.,Ltd
International Textile Manufacturers Federation
Lifestyle
C;&A Sourcing International Ltd
Sportmaster Ltd.
Reiter India Private Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Amazon China
Truetzschler India Private Limited
Babyshop
Seasalt Limited
SHAHI Exports Pvt Ltd

January 2022

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


Advanced Search