Delta Apparel Reports Fiscal 2014 First Quarter Results

Delta Apparel, headquartered in Duluth, Ga., recently reported its 2014 first quarter results. For the fiscal 2014 first quarter ended Dec. 28, 2013, net sales were $100.0 million versus $106.8 million for the comparable 2013 period.

Continued strong sales growth in the Salt Life and Art Gun businesses was offset by an anticipated sales decline at Soffe as well as lower sales in the Junkfood and The Game businesses. Demand for basic undecorated tees was weak to start the quarter but improved as the quarter progressed. Lower sales, coupled with higher costs associated with operational initiatives that were completed during the quarter, produced a net loss for the 2014 first quarter of $1.6 million.