Delta Galil Lifts Q1 Sales 15% to $573 Million as EBIT Hits Record $36.6 Million
Updated
Updated · just-style.com · May 18
Delta Galil Lifts Q1 Sales 15% to $573 Million as EBIT Hits Record $36.6 Million
1 articles · Updated · just-style.com · May 18
$573 million in first-quarter sales and $36.6 million in adjusted EBIT gave Delta Galil record Q1 revenue and operating profit for the period ended March 31.
Gross profit rose 18% to $238.8 million and gross margin widened to 41.7% from 40.6%, helped by manufacturing efficiency, favorable exchange rates, higher U.S. sales and growth in owned brands.
Net income excluding non-core items held at $17.6 million, while diluted EPS edged up to $0.63 from $0.62 as higher SG&A, logistics costs and expansion spending partly offset the operating gains.
For full-year 2026, Delta Galil kept its outlook unchanged at $2.29 billion-$2.33 billion in sales, $204 million-$212 million in EBIT, and diluted EPS of $4.00-$4.23.
How did Delta Galil deliver record profits amid dual shipping crises that crippled its rivals?
Is Delta Galil's success a strategic masterclass, or a temporary boost from favorable currency exchange rates?
Can the company's green initiatives overcome the controversy of its UN listing for operations in Israeli settlements?