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August 8, 2014
05:36 EDTDLADelta Apparel downgraded to Hold from Buy at Ascendiant
Ascendiant downgraded Delta Apparel to Hold following the company's weaker than expected Q3 results.
News For DLA From The Last 14 Days
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February 9, 2016
08:51 EDTDLADelta Apparel had strong results, shares look undervalued, says Roth Capital
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February 8, 2016
16:29 EDTDLADelta Apparel says Q1 overall gross margins expanded 450 bps y/y
16:28 EDTDLADelta Apparel sees $2M per year in savings from expansion of manufacturing
We remain focused on initiatives that should improve our profitability and provide avenues of further growth. The expansion of our manufacturing operations in Honduras with open-width finishing is well underway. All of the equipment is installed and we should begin production later this month. We expect this initiative to yield annual savings of $2 million, with approximately one quarter of this included in our fiscal year 2016 results. Our continuing cost controls in both manufacturing and administrative functions should add further strength to our bottom line. Overall, we believe that the positive trends underlying our strong first quarter will continue, giving us a sense of prudent optimism about the remainder of the year," CEO Humphreys said.
16:26 EDTDLADelta Apparel reports Q1 EPS 9c, may not compare to one estimate (27c)
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