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Business Wire
19 min read
Strong Growth Trajectory with Record Third Quarter Sales of $599.6 Million up 11% and EBIT before non-core items up 23% to $63.1 Million and Diluted EPS excluding non-core items up 27% to $1.46
Cash Flow from Operating Activities, Excluding IFRS 16, of $29.4 Million for the Third Quarter of 2026, and $114.1 Million Year-to-Date
Net Debt / EBITDA Improved to 0.7x from 0.9x as of September 30, 2025
Dividend for the third quarter $10 million up 25%
Company Expects its Financial Results to reach the middle to high end of the 2026 Guidance Range
CAESAREA, Israel, November 12, 2026–(BUSINESS WIRE)–Delta Galil Industries, Ltd. (DELG/Tel Aviv Stock Exchange), the global designer, manufacturer and marketer of branded and private label intimate, activewear, loungewear and denim apparel for ladies, men, and kids, today reported financial results for the third quarter ended September 30, 2026.
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Sales increased 11% (9% in constant currency) to a third quarter record of $599.6 million, compared to $539.0 million in the prior year period.
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Gross profit expanded 15% year-over-year to a third quarter record of $267.9 million.
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EBIT excluding non-core items increased 23% to $63.1 million, compared to $51.2 million in the prior year period.
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Strong operating cash flow, excluding IFRS 16, of $29.4 million, compared to $25.2 million in the third quarter of 2025.
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Strong balance sheet with $111.8 million in cash and cash equivalents and record shareholders’ equity of $961.6 million as of September 30, 2026.
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Declares a $10 million dividend for the third quarter of 2026, compared to $8 million for the third quarter last year.
Isaac Dabah, CEO of Delta Galil, stated, “We delivered another strong quarter, achieving record third-quarter sales and double-digit growth across all major profitability measures. Sales increased 11%, driven by growth across most of our operating segments and markets, while gross profit grew 15%, and operating income, excluding non-core items, increased 23%. These results reflect the strength of our diversified business model and our ability to drive operating leverage. In addition, our direct-to-consumer sales increased in the third quarter of 2026 by 16% compared to the third quarter last year demonstrating the strength of our owned brands.”
“Our record performance through the first nine months of 2026 reinforces our confidence in Delta Galil’s long-term growth trajectory. Year-to-date sales increased 12% to $1.68 billion, while operating income excluding non-core items grew 34%, reflecting the success of our growth initiatives and strategic investments. Strong cash generation and disciplined financial management have further strengthened our balance sheet, providing additional flexibility to scale our business. With positive momentum across our operations, we remain focused on delivering another record year in 2026 while investing to support sustained profitable growth in the years ahead,” concluded Mr. Dabah.
