Benzinga | Jul 15, 2021 12:19PM EDT

Delta Apparel Stock Gains As Preliminary Q3 Sales, EPS Top Consensus

* Delta Apparel Inc (NYSE:DLA) reported preliminary third quarter FY21 net sales growth of 65% year-on-year to $118 million, against the consensus of $108 million.

* The stronger than anticipated sales performance reflected strong Salt Life Group revenue across all sales channels.

* The company expects EPS of $0.90 for the quarter, versus analyst consensus of $0.62.

* "Our June quarter performance is a true testament to the power of our diversified business model," said CEO Robert W. Humphreys.

* Price action: DLA shares are trading higher by 9.45% at $33.00 on the last check Thursday.