Delta Apparel posts 19 percent increase in FY17 earnings

For the fiscal year ended September 30, 2017, Delta Apparel said net income increased to 10.5 million dollars or 1.33 dollars per diluted share, compared with 9 million dollars or 1.12 dollars per diluted share, in fiscal year 2016, representing a 19 percent increase. Net sales for the fiscal were 385.1 million dollars compared to 425.2 million dollars in the prior year due to the divestiture of the company’s Junkfood business.