TASE:DELT

Delta Galil Reports First Quarter 2023 Results

Retrieved on: 
星期三, 五月 17, 2023
Footwear, Textiles, Supply Chain Management, Online Retail, Fashion, Manufacturing, Retail, Department Stores, Woman, EBIT, Public expenditure, Bare Necessities, Collection, Delta Galil Industries, Growth, NIS, Video game, Drug, Cryptocurrency, Pharmaceutical industry

The Company reported first quarter 2023 sales of $442.5 million, a 9% decrease (6% in constant currency) from $483.9 million in the first quarter of 2022.

Key Points: 
  • The Company reported first quarter 2023 sales of $442.5 million, a 9% decrease (6% in constant currency) from $483.9 million in the first quarter of 2022.
  • Net income for first quarter 2023 was $3.0 million, compared to $18.9 million in the first quarter last year.
  • Diluted earnings per share for first quarter 2023 decreased to $0.08, from $0.67 in the first quarter of 2022.
  • EBITDA excluding IFRS 16 impact for first quarter 2023 was $28.5 million, compared to $42.6 million in the first quarter of 2022.

Delta Galil Announces Upgrade to Bond Rating from A1 to Aa3

Retrieved on: 
星期四, 三月 9, 2023
Other Retail, Specialty, Supply Chain Management, Online Retail, Fashion, Luxury, Retail, Department Stores, Growth, EBITDA, Woman, Delta Galil Industries, Airline, A1

Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange), the global manufacturer and marketer of branded and private label intimate, activewear, loungewear and denim apparel for men, women and children, today announced that Israeli credit rating agency Midroog, a subsidiary of Moody’s, has upgraded Delta Galil’s corporate bond rating to Aa3 with a stable outlook from a previous rating of A1 with a positive outlook.

Key Points: 
  • Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange), the global manufacturer and marketer of branded and private label intimate, activewear, loungewear and denim apparel for men, women and children, today announced that Israeli credit rating agency Midroog, a subsidiary of Moody’s, has upgraded Delta Galil’s corporate bond rating to Aa3 with a stable outlook from a previous rating of A1 with a positive outlook.
  • According to the report from Midroog, the rating upgrade is supported by the ongoing improvement in Delta Galil’s financial position, including an increase in revenues and EBITDA over the past several years.
  • The agency also notes Delta Galil’s high revenue turnover, substantial market share and increased operating profit as well as the Company’s strong capital position.
  • “This increase in our credit rating from A1 to Aa3 reflects the solid position we hold in the global marketplace and the general outlook for our growth and profitability for 2023 and beyond.”

Delta Galil Appoints Mark Stocker as President of Branded Division

Retrieved on: 
星期三, 二月 22, 2023
Retail, Textiles, Manufacturing, Fashion, Marketing, Wolford, Lord & Taylor, Delta, Delta Galil Industries, Stocker, Growth, New York & Company, Lord, Woman, Fashion design

Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange; the “Company”), the global manufacturer and marketer of branded and private label intimate apparel, leisurewear, activewear and denim products for men, women and children, today announced that it has appointed Mark Stocker as President, Delta Galil Branded Division, effective January 30, 2023.

Key Points: 
  • Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange; the “Company”), the global manufacturer and marketer of branded and private label intimate apparel, leisurewear, activewear and denim products for men, women and children, today announced that it has appointed Mark Stocker as President, Delta Galil Branded Division, effective January 30, 2023.
  • Stocker is a highly accomplished merchandising and product strategy executive whose previous experience includes leading the strategic vision for the apparel division of Macy’s.
  • He will be based in New York and will report directly to Delta Galil CEO Isaac Dabah.
  • “We are excited to welcome Mark to the Delta Galil leadership team,” said Isaac Dabah, CEO of Delta Galil.

Delta Galil Reports Fourth Quarter and Record Full Year 2022 Results

Retrieved on: 
星期三, 二月 15, 2023
Other Retail, Specialty, Supply Chain Management, Online Retail, Fashion, Luxury, Retail, Department Stores, Public expenditure, Woman, EBIT, Delta Galil Industries, Investment, Consumer, EBITDA, COVID-19, Cryptocurrency, Pharmaceutical industry, Video game

The Company reported fourth quarter sales of $544.4 million, a 6% decrease (2% in constant currency) from $578.0 million in the fourth quarter of 2021.

Key Points: 
  • The Company reported fourth quarter sales of $544.4 million, a 6% decrease (2% in constant currency) from $578.0 million in the fourth quarter of 2021.
  • EBIT before non-core items in the fourth quarter decreased 12% to $56.9 million, from $64.7 million in the fourth quarter of 2021.
  • Net income for the fourth quarter decreased 17% to $37.7 million, from $45.5 million in the fourth quarter of 2021.
  • Diluted earnings per share for the fourth quarter decreased 16% to $1.35, from $1.60 in the fourth quarter of 2021.

Delta Galil Acquires Sustainable Clothing Brand Organic Basics

Retrieved on: 
星期二, 七月 26, 2022
Textiles, Teens, Women, Men, Manufacturing, Catalog, Fashion, Consumer, Retail, Name, Carbon, Delta Galil Industries, Industry, Woman, CEO, Collection, Multimedia, PJ, Company, GOTS, Adidas, Ultrasoft, Man, Wilson, Toy, Eminence

Delta Galil plans to bring this strong brand to consumers worldwide and to extend the Organic Basics product line to include items for babies and kids as well as additional items for women and men.

Key Points: 
  • Delta Galil plans to bring this strong brand to consumers worldwide and to extend the Organic Basics product line to include items for babies and kids as well as additional items for women and men.
  • View the full release here: https://www.businesswire.com/news/home/20220726005738/en/
    Organic Basics is a digital brand with sustainability and ethical production at its core and these values align perfectly with Delta Galils focus on creating a more sustainable fashion industry through innovation, said Isaac Dabah, CEO of Delta Galil Industries.
  • A certified B Corp, Organic Basics is also Global Organic Textile Standard (GOTS) certified and a member of 1% for the Planet.
  • Delta Galil also designs, develops markets and sells branded denim and apparel under the brand 7 For All Mankind, and ladies apparel under the brand Splendid.

Delta Galil Reports Strong First Quarter 2022 Results Reflecting Record Q1 Sales, EBIT, Net Income and EPS

Retrieved on: 
星期一, 五月 16, 2022
Online Retail, Retail, Luxury, Other Retail, Department Stores, Specialty, Income, Company, EBITDA, EPS, Private Securities Litigation Reform Act, Wolford, Woman, Delta Galil Industries, COVID-19, Tel Aviv Stock Exchange, Man, SG, Name, Adidas, IFRS, EBIT, Wilson, IFRS 16, Growth, CEO, Online gambling, Mobile phone, Holding company, Video game, Bank, Natural gas, Eminence

Q1 sales reached record levels for the fifth consecutive quarter, increasing 16% to $483.9 million, from $416.1 million in Q1 2021.

Key Points: 
  • Q1 sales reached record levels for the fifth consecutive quarter, increasing 16% to $483.9 million, from $416.1 million in Q1 2021.
  • Net income reached record levels as well, up 26% to $18.9 million, compared to $15.1 million in Q1 2021.
  • Q1 earnings per share (EPS) amounted to a record level, up 18% to $0.67, from $0.57 in Q1 2021.
  • Isaac Dabah, CEO of Delta Galil, stated: We are pleased with our strong first quarter results, which marked five consecutive quarters of record quarter revenue and seven consecutive quarters of record quarter operating margins.

adidas and Delta Galil Introduce Full-Range Underwear Collections for all

Retrieved on: 
星期四, 五月 12, 2022
Women, Teens, Men, Specialty, Online Retail, Consumer, Fashion, Retail, Company, DTLR, Multimedia, Woman, XS, View, Delta Galil Industries, PJ, Industry, EMEA, Zalando, Man, Name, Adidas, Movement, Wilson, Wool, Fashion, Eminence, Nordstrom, Amazon

adidas and Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange), announce the arrival of full-range underwear collections for adidas Originals and Badge of Sport.

Key Points: 
  • adidas and Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange), announce the arrival of full-range underwear collections for adidas Originals and Badge of Sport.
  • View the full release here: https://www.businesswire.com/news/home/20220512006065/en/
    adidas and Delta Galil Industries, Ltd. announce the arrival of full-range underwear collections for adidas Originals and Badge of Sport.
  • The new adidas underwear collections offer a wide range of underwear separates including thongs, bikinis, briefs, trunks and boxer shorts, plus an assortment of versatile bralettes, bramis, tank tops, body suits and t-shirts.
  • Delta Galil has a long history of serving this market, and we are thrilled to introduce these versatile adidas ranges with the world.

7 For All Mankind Celebrates Self-Expression with New Campaign featuring Cara Delevingne

Retrieved on: 
星期三, 二月 23, 2022
Online Retail, Other Retail, Luxury, Department Stores, Specialty, Consumer, Fashion, Teens, Retail, Women, Advertising, Communications, Partnership, COVID-19, Share Our Strength, Delevingne, Take Flight, Delta Galil Industries, The Trevor Project, For All Mankind, Awareness, Man, Collection, GLAAD, Industry, Organization, Freedom, Mental health, Empowerment, Woman, Optimism, DNA, Life, Attitude, 7 for All Mankind, Human, CEO, Fashion, Hatmaking

Throughout her career, Cara has proudly demonstrated her originality, unique style, and free spirit, all of which are reflected in the new campaign.

Key Points: 
  • Throughout her career, Cara has proudly demonstrated her originality, unique style, and free spirit, all of which are reflected in the new campaign.
  • Beyond that, we find inspiration from the world around us and strive to support people through giving back and working with those who are making a difference, like Cara Delevingne.
  • Denim is a fantastic, enduring style statement and an essential part of how I express my style, says Cara Delevingne.
  • As part of the Delevingne partnership and campaign, 7 For All Mankind has donated to The Cara Delevingne Foundation, while jointly developing content to bring awareness to the causes her foundation supports.