Revenue Update on Delta Apparel(NYSEMKT:DLA)

Delta Apparel(NYSEMKT:DLA) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-Market on Feb 6, 2017. Company reported revenue of $85.335M. Analysts estimated a revenue of $85.330M. The revenues were 0.01% above the estimates. Earnings per share were $-0.08. The reported EPS was below estimates by -300%. Analysts had estimated an EPS of $-0.02.

Delta Apparel (DLA) made into the market gainers list on Tuesdays trading session with the shares advancing 7.06% or 1.21 points. Due to strong positive momentum, the stock ended at $18.36, which is also near the day’s high of $18.72. The stock began the session at $17.95 and the volume stood at 58,142 shares. The 52-week high of the shares is $25.519 and the 52 week low is $12.1. The company has a current market capitalization of $140 M and it has 76,08,306 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 16, 2015, Robert W Humphreys (Chairman and CEO) purchased 1,366 shares at $9.35 per share price.Also, On Mar 11, 2015, Sam Pina Cortez (director) purchased 600 shares at $9.11 per share price.On Mar 10, 2015, Deborah H Merrill (CFO) purchased 5,500 shares at $8.98 per share price, according to the Form-4 filing with the securities and exchange commission.

Delta Apparel Inc. is an apparel design marketing manufacturing and sourcing company. The Company offers a portfolio of lifestyle basics and branded activewear apparel and headwear. The Company operates through two segments: branded and basics. The Company’s branded segment consists of its business units which are focused on specialized apparel garments and headwear including its Salt Life Junkfood and Soffe business. Its basics segment consists of its business units primarily focused on garment styles. The basics segment includes its Delta Activewear which includes Delta Catalog and FunTees and Art Gun business units. It sells casual and athletic products through a range of distribution channels and distribution tiers including specialty stores boutiques department stores mid and mass channels e-retailers and the United Stated military. It also offers products through its Websites at www.saltlife.com www.soffe.com www.junkfoodclothing.com and www.deltaapparel.com.

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