Delta Galil reports rise in Q4 and FY16 sales and profit

Delta Galil Industries, manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear, jeans and activewear, reported sales of 376.3 million dollars for the fourth quarter, a 31 percent increase compared to 287.1 million dollars for the same quarter last year. Sales for the full year were 1,179.2 million dollars, a 9 percent increase from 1,080 million dollars for the 2015 full year.