Home Street Fashion American firm Delta Apparel’s net sales at $415.4 mn in FY23

American firm Delta Apparel’s net sales at $415.4 mn in FY23

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Delta Apparel’s FY23 net sales dropped to $415.4 million from last year’s $484.9 million, with a net loss of $33.2 million.
Gross margins fell to 13 per cent.
In Q4 FY23, sales declined to $91.4 million with an operating loss of $17 million.
The Salt Life Group’s net sales in Q4 FY23 were $12.5 million.
Net income for the quarter was a loss of $16.4 million.Delta Apparel’s FY23 net sales dropped to $415.4 million from last year’s $484.9 million, with a net loss of $33.2 million.
Gross margins fell to 13 per cent.
In Q4 FY23, sales declined to $91.4 million with an operating loss of $17 million.
The Salt Life Group’s net sales in Q4 FY23 were $12.5 million.
Net income for the quarter was a loss of $16.4 million.