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The latest update is out from Delta Galil ( (IL:DELG) ).
Delta Galil, a company operating in a dynamic market environment, announced its 2024 financial results, highlighting strong growth across various segments. The company achieved record sales of $2,045.7 million, a 10% increase from the previous year, and a gross profit margin of 41.9%. Strategic investments in new technologies and partnerships have bolstered its performance, with significant contributions from its owned brands and private label segments. The company also reported a robust operating cash flow and aims to streamline operations through strategic manufacturing hubs, anticipating cost efficiencies and savings.
More about Delta Galil
YTD Price Performance: 3.03%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.53B
Learn more about DELG stock on TipRanks’ Stock Analysis page.