Brief: Delta Apparel Says Business Is Recovering Much Quicker Than Originally Anticipated

Delta Apparel

09/07/2020 17:08

July 9 (Reuters) - Delta Apparel Inc  DLA.A :
    * DELTA APPAREL ANNOUNCES PRELIMINARY THIRD QUARTER RESULTS
    * Q3 SALES $72 MILLION
    * PRELIMINARY Q3 NET SALES OF $72 MILLION
    * JUNE SALES APPROXIMATELY 90% OF PRIOR YEAR RESULTS
    * DELTA APPAREL- DURING LAST FEW MONTHS CO HAS SEEN ORDERS ACCELERATING, 
COMING
FROM BROADER BASE OF SALES CHANNELS
    * DELTA APPAREL - ANTICIPATES NET SALES FOR Q3 TO BE APPROXIMATELY $72
MILLION
    * PLANS TO INCREASE ITS FLEET OF DIGITAL PRINTERS BY 10%
    * DURING Q3, DIRECT-TO-CONSUMER SALES SIGNIFICANTLY INCREASED FOR CO
    * DELTA APPAREL - EXPECTS TO RECORD ABOUT $24 MILLION OF NON-RECURRING
EXPENSE IN
Q3 RELATED TO COVID-19
    * BUSINESS IS RECOVERING MUCH QUICKER THAN CO ORIGINALLY ANTICIPATED

Source text for Eikon:  ID:nGNX6MBzCr 
Further company coverage:  DLA.A 

 ((Reuters.Briefs@thomsonreuters.com;))