Tariff refund drives Q2 profit at Delta Galil

Delta Galil, a manufacturer of intimate apparel, underwear, loungewear, activewear, sleepwear, shapewear and socks, reported second-quarter financial results showing substantial year-over-year growth. The company supplies products to major retail and brand partners including Nike, Victoria’s Secret, Lululemon, Skims, and Walmart.
Revenue for the period reached $511.6m, representing a 9% increase from $470.1m in the same quarter a year prior. Gross profit expanded by 26%, while earnings be