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Delta Galil Q2 Net Income Rises to $34.4 Million, Sales Up 9% to $511.6 Million, Driven by Tariff Refunds
The company, which manufactures apparel for brands such as Nike, Victoria's Secret, and Lululemon, reported that its second-quarter earnings before interest and taxes (EBIT) increased to $54.6 million, up from $31 million in the same period last year. CEO Isaac Dabah noted that while tariff refunds contributed to the additional earnings, the company's investments in product innovation and manufacturing flexibility also drove performance growth. He added that the company plans to allocate a portion of the refunds towards strategic investments to support future development.
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Source：Yahoo财经 · Source Link
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