Delta Apparel Reports Third Quarter and Year-to-Date Results
Earnings continue to be hindered by over-inventoried marketplace.
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Delta Apparel Inc., the apparel supplier from Greenville, S.C., reported that net sales for its fiscal third quarter ended March 31, 2012 increased slightly to $125.5 million, from $125.0 million in its fiscal 2011 third quarter. Net income for the fiscal 2012 third quarter was $1.9 million, or $0.22 per diluted share, compared to $5.7 million, or $0.65 per diluted share, in third quarter 2011.
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