Delta Apparel (DLA) Reports Wide-Than-Expected Loss in Q1

Delta Apparel, Inc. (DLA) posted first-quarter fiscal 2024 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. Both metrics decreased year over year. The company expressed a cautious outlook for the remainder of the fiscal year, anticipating flat demand across most of its markets relative to the previous year.Despite the challenging start to the fiscal year, Delta Apparel remains focused on managing liquidity and working capital. The company is also evaluating options to generate ...