Delta Apparel clocks record second quarter
Delta Apparel Inc. announced on Tuesday preliminary sales results for the second quarter ending April 2, revealing a revenue uptick of 20%, setting a new all-time record for the March quarter.
The Duluth, Georgia-based company said second-quarter sales lifted to $130 million, compared to $108 million in the same quarter period last year, driven by double-digit sales growth in both the Delta Group and Salt Life Group segments.
The company said the quarterly net sales set a new all-time record for a March quarter, and were up 26% from our pre-pandemic fiscal 2019 second quarter sales.
“Consumer demand for Delta Apparel’s brands, including Salt Life, Delta and Soffe products, remains strong with our Delta Group having an outstanding sales quarter in both our activewear and DTG2Go businesses,” said Robert Humphreys, the company’s chairman and chief executive officer.
“Activewear growth was driven by higher unit sales, increased value-added services and our continued ability to update our pricing in the marketplace to offset higher input cost. Additionally, our DTG2Go digital print business delivered an increase in units shipped over the prior year second quarter driven by our newly developed digital first technology.
“We continue to invest in our digital print ecosystem with new state-of-the-art print equipment, and our digital first technology is now operating in three of our eight DTG2Go locations and will be soon expanding to a fourth location,” Humphreys added.
The company also said its Salt Life brand outperformed the prior year second quarter, despite continuing capacity constraints resulting from inventory shipping delays.
Wholesale channels also continued to demonstrate strength in the first half of 2022, and the Salt Life branded retail footprint was further expanded with the opening of two new locations during the quarter in Sarasota and Fort Lauderdale, Florida, bringing the number of retail doors to 17 locations across five states.
“Our recent Salt Life retail location openings have surpassed our internal sales expectations, continuing to validate the strength of the Salt Life brand and our go-to-market strategy,” Humphreys concluded.
Founded in 1999, Delta Apparel is the owner of DTG2Go, LLC, Salt Life, LLC, and M.J. Soffe subsidiaries which operate the company’s primary brands of Salt Life, Soffe, and Delta.
It also a direct-to-garment digital print and fulfillment company and sells casual and athletic products through a variety of distribution channels, including outdoor and sporting goods retailers, independent and specialty stores, department stores and mid-tier retailers, mass merchants and e-retailers, the U.S. military, and through its business-to-business e-commerce sites.
