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Global Strength Lifts Delta Galil Sales, but Strong Dollar Hits Export Profits

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Hurt by a strong dollar, Israeli apparel manufacturer Delta Galil saw a drop in net income in the first quarter, though the company still increased full-year guidance. In a Nutshell: Delta Galil Industries reported a strong performance from Delta Galil USA and a contribution from Eminence as it posted sales gains in the first quarter….

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