Delta Apparel Reports FY13 Fourth Quarter and Year-End Results
Marks ten consecutive years of record sales; the company changes fiscal year-end to September for subsequent years
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Basics Segment Review
Strong unit sales growth in both Delta Catalog and FunTees resulted in a 6.3 percent net sales increase in the basics segment, which reached $270.9 million compared to $254.7 million in fiscal 2012. A 14 percent gain in unit sales for the segment was offset by lower average selling prices. Gross margins in both businesses were significantly improved in fiscal 2013 due primarily to improved manufacturing performance.
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