Israel’s Delta Galil posts net sales of $463 mn for Q3 FY23

Delta Galil Industries experienced a 9.6 per cent decline in sales in Q3 FY23, totalling $463 million.
Despite this, the company saw a 26 per cent surge in online sales compared to the same period last year.
The gross margin reached a record high of 40.9 per cent.
However, earnings before interest and taxes and net income decreased from the previous year.

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