Elevated by higher prices and manufacturing efficiency, Delta Apparel Inc. reported a second-quarter profit, reversing a year-ago loss.
For the quarter ended Dec. 27, the Duluth, Ga.-based vendor said it recorded net income of $595,000, or 7 cents a diluted share, versus a net loss of $2.8 million, or 33 cents a share, a year ago. Stripping out special items in both periods, the company had earnings per share of 3 cents compared with a net loss of 18 cents a share in last year’s quarter.
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