|
|
Article: Delta Galil's Second Quarter Net Profit Up 37.8 Percent; North American Sales Jump 58 Percent.
- Article from:
- PR Newswire
- Article date:
- August 8, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TEL AVIV, Israel, Aug. 8 /PRNewswire/ --
Delta Galil Industries Ltd. (Nasdaq: DELT), the global provider of private label intimate apparel, men's underwear, socks, baby wear and leisurewear, today reported that its second quarter net profit gained 37.8 percent to $6.5 million or $0.37 per share compared with $ 4.7 million or $0.27 per share for the second quarter of last year.
Quarterly sales were up a strong 20.7 percent to $95.9 million compared with $79.5 million for the second quarter of 1999.
Ladies intimate apparel was the fastest growing product category for the second quarter, reaching 38 percent of total sales compared with 35 percent ...