Quarterly report pursuant to Section 13 or 15(d)

Note D - Revenue Recognition

v3.24.0.1
Note D - Revenue Recognition
 3 Months Ended
Dec. 30, 2023
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

Note D—Revenue Recognition

 

Our Condensed Consolidated Statements of Operations include revenue streams from retail sales at our branded retail stores; direct-to-consumer ecommerce sales on our consumer-facing websites; and sales from wholesale channels, which includes our business-to-business ecommerce and DTG2Go sales. The table below identifies the amount and percentage of net sales by distribution channel (in thousands):

 

   

Three Months Ended

  
   

December 2023

    

December 2022

  

Retail

   $ 4,166       5 %   $ 3,455       3 %

Direct-to-consumer ecommerce

     1,448       2 %     1,509       2 %

Wholesale

     74,320       93 %     102,331       95 %

Net sales

   $ 79,934       100 %   $ 107,295       100 %

 

The table below provides net sales by reportable segment and the percentage of net sales by distribution channel for each reportable segment (in thousands):

 

   

Three Months Ended December 2023

  
   

Net Sales

    

Retail

    

Direct-to-consumer ecommerce

    

Wholesale

  

Delta Group

   $ 69,604       0.0 %     0.2 %     99.8 %

Salt Life Group

     10,330       40.1 %     12.7 %     47.2 %

Total

   $ 79,934                          

 

   

Three Months Ended December 2022

  
   

Net Sales

    

Retail

    

Direct-to-consumer ecommerce

    

Wholesale

  

Delta Group

   $ 97,010       0.1 %     0.2 %     99.7 %

Salt Life Group

     10,285       33.0 %     12.7 %     54.3 %

Total

   $ 107,295