Investor Presentation

1. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Delta Apparel, Inc.
Investor Presenta�on
December 8, 2016

2. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Forward Looking Statements
This presenta�on contains “Forward Looking” statements which reflect the Company's
current expecta�ons regarding future events and which involve risks and uncertain�es.
Although we believe that our expecta�ons are based on reasonable assump�ons, actual
results could differ materially from those projected in this presenta�on.
Please refer to the wri�en materials made available to you in connec�on with this
presenta�on as well as the Company’s most recent Form 10-K and other SEC filings for a
more detailed discussion of some of the risks facing the Company that could affect the
forward looking statements in this presenta�on.
Finally, please note that any “Forward Looking” statements are made only as of the date
of this presenta�on and the Company does not commit to update or revise these
statements even if it becomes apparent that any projected results will not be realized.
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3. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
. . . an international design, marketing,
manufacturing and sourcing company that
features a diverse portfolio of lifestyle
basic and branded activewear apparel and
headwear.
.biz
Delta Apparel, Inc.
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4. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Delta Apparel, Inc.
High-End Department
Department Stores
Mid-Tier Retailers
Mass
Strategic Spor�ng Goods
Outdoor Retailers
Independents
Team Dealers
Bou�ques
Resorts/Des�na�ons
Specialty Retailers
Military
Interna�onal
Branded Private Label
Ver�cal Retailers
Retail Licensing
Screenprinters
eRetailers
Branded Web Sites
Retail Stores
Flash Sites
Sell to Nearly 12,000 Customers
.biz
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5. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Broad Distribu�on Channels
Department
Stores
Sporting Goods/
Outdoors
Private Label
Brands Military
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6. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Specialty/
Boutiques eRetailers
Resorts/
Destinations
Direct-to-Consumer
Web & Retail Stores
ClassicCraze
.biz
Broad Distribu�on Channels
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7. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Posi�ve Momentum
Streamlined Decision-Making and Informa�on Flow
Increased Produc�on in Lower Cost Facili�es
Ra�onalized Non-Strategic Areas
– Closed Canada Distribu�on
– Sold The Game Business
De-Levered the Balance Sheet
Focused Management on Strategic Areas
FY15 Strategic Ini�a�ves Completed
Reduced Fixed Costs by over $8 million
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8. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Posi�ve Momentum
FY16 Manufacturing Alignment Completed
Reduced Manufacturing Costs by $8 million
Expanded Produc�on in Central America
– Capital Investment of $7 million
Tex�le, sew and screenprint expansion
– Ceased US Tex�le Produc�on
Expensed $2.8 million in FY16 2nd half
Source domes�c fabric for USA-made programs
– Aligned Resources in Campeche, Mexico
Source fabric in-country
Consolidated sew opera�ons
Provide quick-turn print and packaging programs
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9. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Posi�ve Momentum
FY16 Qtr 4 Sales Growth of 2.5% *
– Salt Life and Art Gun: Double-Digit Growth
– Ac�vewear and Soffe: Single-Digit Growth
Expanded Annual Gross Margins 250 Basis Points
– FY16 Gross Margins of 22.2%
FY16 Diluted EPS $1.41 **
– 147% Growth over FY15
***
Opened 3PL Distribu�on Center in Chicago
Acquired Coast Apparel
Opened Salt Life Retail Store
– San Clemente, California
* Prior year adjusted for being 14-week sales quarter compared to FY16 being a 13-week sales quarter
** Adjusted for manufacturing realignment costs of $2.8 million, or $0.29 per diluted share
*** FY15 adjusted for the $0.43 per share gain on the sale of The Game
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10. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Strong Sales Growth
– Product Extension
Performance products
Lifestyle offerings
– Gender Expansion
Juniors
Kids
– Geographic Development
Double-Digit Opera�ng Profit
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11. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Salt Life – San Clemente, CA
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12. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Salt Life – San Clemente, CA
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13. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Salt Life Media
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14. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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15. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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16. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Posi�ve Momentum – Art Gun
Innova�ve Technology
State of the Art Equipment
— 14 Kornit AUK 1000s
Mass Customiza�on Capacity
— 40% Increase in Capacity for FY17 Growth
Quality Assurance
Speed to Market
eCommerce Digital Print & Fulfillment
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17. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Coast is a way of life. It’s an attitude. An
outlook that you project to others. No
matter where you are in the world... No
matter who you are... No matter what
you are doing... You can always tap into
the coast. You can put your feet in the
sand. Smell the sea. Feel the sun on your
skin and the breeze in your hair. With
friends, family and loved ones, it’s
endless good times... At your pace.
ARE YOU READY TO COAST?
WHY RUSH THROUGH
LIFE WHEN YOU CAN
COAST?
Posi�ve Momentum – Coast
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18. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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19. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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20. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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21. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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22. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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23. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
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24. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
Solid Balance Sheet
De-Levered the Balance Sheet
Capital Spending in FY16 of $14.7 million
– Depr & Amort, including Non-Cash Comp, of $11.9 million
Stock Repurchases in FY16 of $3.5 million
– Expect to Con�nue Repurchases in FY17
Executed U.S. Credit Facility
– Extended Agreement to May 2021
– Lowered Interest Expense by 50 Basis Points
Renewed Universal Shelf Filing
– Increased to $150 million
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25. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
DLA Stock Price History
Stock Price
~88% of
Adj. Book
Value
$-
$5.00
$10.00
$15.00
$20.00
$25.00
$30.00
Stock Price Adj. Book Value
2000 2002 2004 2006 2008 2010 2012 2014 2016
As of December 1, 2016
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26. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
(100%)
100%
300%
500%
700%
900%
1100%
1300%
DLA Stock Price S&P 500 Index
872%
53%
DLA Stock Price History
As of December 1, 2016
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27. D E L T A A P P A R E L , I N C .
www.deltaapparelinc.com
EXECUTIVE OFFICES
Delta Apparel, Inc.
322 S. Main Street
Greenville, SC 29601
Office: (864) 232-5200
Fax: (864) 232-5199
Robert W. Humphrey
Chairman & CEO
Deborah H. Merrill
CFO and President, Delta Basics
CONTACTS
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