Long Delta Apparel (DLA) - by Edwin Dorsey
dorseystockpitchcompetition.substack.com · 1,604 words · saved by 1 readers
Christopher Lee / christopher.lee@duke.edu
Long Delta Apparel (DLA) Christopher Lee / christopher.lee@duke.edu Edwin Dorsey Oct 09, 2022 13 4 Share Delta Apparel (NYSE American: DLA, $105mm market cap ) is a vertically integrated micro-cap apparel manufacturer. Shares of the company have slipped -51% YTD (-49% in the last six months), and Delta now trades at <4x forward P/E. At this multiple, the company is valued as an undifferentiated legacy business facing a significant drop-off in consumer demand and continued gross margin contraction. The market lumps Delta Apparel into a bucket of consumer discretionary stocks that had a one-time
saved by
related reading
- Work - Landscapethisislandscape.com
- Super Cute Please Like | Nicole Lipmannplusonemag.com
- Chairman's Letter - 1983berkshirehathaway.com
- Why Did Allbirds Fail? - by Gad Allon - Gad’s Newslettergadallon.substack.com
- How YoungLA Pumped Up Its Activewear Startup To $176 Million In Salesforbes.com
- *ar2023_en.pdffastretailing.com
- COLLINSwearecollins.com
- If You're Not First, You're (Maybe? Potentially? Probably?) Last0xsmac.substack.com
- The Longest Viewapexventurestudio.substack.com
- Your Favorite Brands Got Worse On Purposeworseonpurpose.com
- 4 grad school friends started a business with $30,000 each—now it's worth $1.8 billioncnbc.com
- Bandit Running | Performance Running Apparel & Clothingbanditrunning.com