Brief: Delta Apparel Sees Q2 Adj. Earnings Per Share $0.36 To $0.38

Delta Apparel

17/04/2020 11:38

April 17 (Reuters) - Delta Apparel Inc  DLA.A :
    * DELTA APPAREL ANNOUNCES PRELIMINARY SECOND QUARTER RESULTS
    * SEES Q2 EARNINGS PER SHARE $0.16 TO $0.18
    * Q2 SALES $96.7 MILLION
    * SEES Q2 ADJUSTED EARNINGS PER SHARE $0.36 TO $0.38
    * DELTA APPAREL - AT END OF MARCH, DELTA APPAREL HAD ABOUT
$30
MILLION OF AVAILABILITY UNDER ITS U.S. REVOLVING CREDIT FACILITY
    * DELTA APPAREL - REACHED AN AGREEMENT IN PRINCIPAL WITH
LENDERS
TO SECURE ADDITIONAL FLEXIBILITY UNDER CREDIT FACILITY
    * DELTA APPAREL - "ABOUT 25% OF OUR BUSINESS IS GENERATED
THROUGH
SALES CHANNELS THAT HAVE NOT BEEN SIGNIFICANTLY IMPACTED BY
COVID-19"
    * DELTA APPAREL - IN APRIL ACTUALLY SEEING MEANINGFUL
ACCELERATION
IN OUR BRANDED DIRECT-TO-CONSUMER E-COMMERCE SITES & IN OUR
DTG2GO ON-DEMAND BUSINESS

Source text for Eikon:  ID:nGNX7m42Sl 
Further company coverage:  DLA.A 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))