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Quality apparel maker Delta Galils' revenues rise in Q3

08
Nov '06
Delta Galil Industries Ltd, the global provider of private label ladies' intimate apparel, socks, men's underwear, baby-wear and leisurewear, reported third quarter 2006 revenues of $184.0 million compared to $172.0 million in revenues reported in the third quarter of 2005, an increase of 7.0 percent.

Revenues for the first nine months of 2006 were $532.6 million, compared to $514.3 million in the first nine months of 2005, an increase of 3.6 percent.

Operating income in the quarter was $8.2 million, compared to an operating loss of $21.6 million in the comparable quarter of last year.

Operating income in the third quarter of 2006 was $8.2 million, compared to $0.0 million operating income reported in the third quarter of 2005, which excluded reorganization expenses and impairment of assets.

Operating income for the first nine months of 2006 was $17.2 million, compared to an operating loss of $25.3 million in the first nine months of 2005.

Operating income for the nine-month period of 2006 was $18.9 million, compared to an operating loss of $3.2 million reported in the same period of last year, which excluded reorganization expenses and impairment of assets.

Net income in the third quarter of 2006 was $3.2 million, or $0.17 diluted earnings per share, compared to a loss of $22.8 million, or $1.22 diluted loss per share, reported in the third quarter of 2005.

Net income in the third quarter of 2006 was $3.2 million, or $0.17 diluted earnings per share, compared to a loss of $2.2 million, or $0.12 diluted loss per share, reported in the third quarter of last year, which excluded reorganization expenses and impairment of assets.


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