Key Developments: Delta Apparel Inc (DLA.A)
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Latest Key Developments (Source: Significant Developments)
Delta Apparel Inc Lowers FY 2013 Guidance
Delta Apparel Inc announced that for fiscal 2013, it expects net sales to be in the $490 million to $495 million range with net income in the range of $1.05 to $1.10 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $508 million and EPS of $1.74 for fiscal 2013. Full Article
Delta Apparel Inc Announces Appointment Of President-Form 8-K
Delta Apparel Inc reported in its Form 8-K that on January 23, 2013, the Board of Directors of Delta Apparel, Inc. (Company) appointed Steven E. Cochran, to serve as President and Chief Operating Officer. Full Article
Delta Apparel Inc Reaffirms FY 2013 Guidance
Delta Apparel Inc announced that the Company continues to believe that the guidance previously provided for fiscal 2013 can be achieved. Based on anticipated net sales growth and higher unit volume leveraging fixed costs, the Company believes that it will reach record revenues in the range of $500 to $510 million and Net income to be in a range of $1.65 to $1.80 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.71 for fiscal 2013. Full Article
Delta Apparel Inc Increases Share Repurchase Program
Delta Apparel Inc announced that the Board of Directors has authorized management to use an additional $10.0 million to repurchase Delta Apparel common stock in open market transactions under the Company's stock repurchase program. Since the inception of stock repurchase program, the Company has used an aggregate $18.0 million to purchase 1,634,080 shares at an average price of $11.01 per share. Prior to the Board's action, only $2.0 million remained of the original $20 million authorization under the program. The Company intends to make stock repurchases pursuant to SEC Rule 10b-18. The timing and the number of shares repurchased will depend upon a variety of factors such as price, corporate and regulatory requirements, alternative investment opportunities and other market and economic conditions, and share repurchases may be suspended or discontinued at any time. Full Article
Delta Apparel Inc Issues FY 2013 Guidance
Delta Apparel Inc announced that for fiscal 2013, it expects revenues in the range of $500 to $510 million and net income is expected to be in a range of $1.65 to $1.80 per diluted share. Full Article
Delta Apparel Inc Issues FY 2013 Revenue Guidance Inline With Analysts' Estimates-Conference Call
Delta Apparel Inc announced that for fiscal 2013, it expects net sales to be in the range of $500-$510 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $508 million for fiscal 2013. Full Article
Delta Apparel, Inc. Lowers FY 2012 Guidance
Delta Apparel, Inc. announced that for fiscal 2012, it expects net sales to be in the range of $475-$485 million and a loss of $0.15 to $0.20 per diluted share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $492 million and EPS of $1.04 for fiscal 2012. Full Article
Delta Apparel, Inc. Reaffirms FY 2012 Guidance
Delta Apparel, Inc. announced that due to the effect of the inventory markdown and selling price discounts on the second quarter and first six months, the Company has reduced its fiscal 2012 outlook for sales and earnings. For fiscal 2012, the Company anticipates net sales to be in the $480 to $500 million range and earnings to be in the range of $0.50 to $0.60 per diluted share (EPS). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $490 million and EPS of $0.51 for fiscal 2012. Full Article
Delta Apparel, Inc. Issues Q2 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Guidance
Delta Apparel, Inc. announced that for the second quarter of 2012, it expects revenue to be approximately $105 million and anticipates a loss of $1.58-$1.62 per share (EPS). For fiscal 2012, it expects revenue to be in the range of $480-$500 million and earnings to be in the range of $0.50-$0.60 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $113 million and EPS of $0.02 for the second quarter of 2012; revenue $515 million and EPS of $2.05 for fiscal 2012. Full Article
Delta Apparel, Inc. Reaffirms FY 2012 Guidance
Delta Apparel, Inc. announced that it is maintaining its fiscal 2012 outlook for sales and earnings. For the fiscal 2012, the Company still expects net sales to be in the range of $500 to $520 million and earnings to be in the range of $2.00 to $2.15 per diluted share (EPS). According to I/B/E/S Estimates, analysts are expecting the Company to report revenue $510 million and EPS of $2.05 for fiscal 2012. Full Article
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