Delta Apparel sees 8% jump in Q4 sales, shares hit over 7-mth high

Delta Apparel

15/10/2020 17:46

** Activewear apparel maker's shares  DLA.A  rise as much as
5.8% to more than 7-month high of $18.90
    ** Stock up for seventh straight session
    ** Expects net sales for Q4 ended Sept to rise 8% to $116
mln, helped by strong demand in its DTG2Go digital printing and
fulfillment business through COVID-19 pandemic  urn:newsml:reuters.com:*:nBwdB6H5a
    ** DTG2Go achieved Q4 net sales growth of ~30% compared to
prior year, driven by volume growth of ~35%
    ** DLA will announce Q4 results on Nov. 19
    ** YTD, DLA has fallen over 40%

 (Reporting by Ankit Ajmera in Bengaluru)
 ((ankit.ajmera@thomsonreuters.com))