---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-020642"
form_type: "8-K"
ticker: null
cik: "0001101396"
company_name: "DELTA APPAREL, INC"
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:49:32.123049+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Delta Apparel exits DTG2Go unit, cuts 115 jobs, closes six facilities amid liquidity crisis

## Summary
- Board approved plan to exit DTG2Go; production ceased June 13, 2024.
- Workforce reduced by ~115 employees; facilities to close in Storm Lake, IA; Cranbury, NJ; Fayetteville, NC; Phoenix, AZ; LaVergne, TN; Miami, FL.
- Largest DTG2Go customer ended sourcing; company in default on ABL credit facility.
- Expects restructuring charges beginning Q3 FY2024; costs not yet estimable.
- Also exploring potential sale of Salt Life business; evaluating all strategic options.

## SEC filing metadata
- accession: 0001437749-24-020642
- form_type: 8-K
- cik: 0001101396
- company_name: DELTA APPAREL, INC
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101396/000143774924020642/0001437749-24-020642-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101396/000143774924020642/dla20240618_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-020642
- JSON: https://secwatch.observer/filing/0001437749-24-020642.json
- Plain text: https://secwatch.observer/filing/0001437749-24-020642.txt

## Key facts
- Restructurings & Charges
  DELTA APPAREL, INC announced a restructuring affecting DTG2Go business unit (approximately 115 employees).
  - Type: restructuring
  - Affected area: DTG2Go business unit
  - Headcount: approximately 115 employees
  source text: On June 12, 2024, the board of directors (the “Board”) of Delta Apparel, Inc. (the “Company”) approved a plan (the “DTG2Go Exit Plan”) to exit the DTG2Go business unit (“DTG2Go”) of the Company’s Delta Group operating segment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1101396/000143774924020642/0001437749-24-020642-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.