Universal Apparel & Textile(OTC) DKGR

Universal Apparel & Textile Company, based in Aurora, Illinois, is a wholesale distributor of clothing and textile merchandise. Established in 1981, the company supplies a diverse range of casual and athletic wear across North America and Europe.

Products and Services

• Wholesale distribution of casual and athletic wear
• Variety of products including tops, bottoms, T-shirts, and fleece
• Serves specialty retailers, private label clients, and hospitality establishments

Growth Outlook

• Revenue increased to 761,328 in Q2 2019, up from 587,716 in Q1 2019
• Gross profit margin improved to 2.7% in Q2 2019 from 0.5% in Q1 2019
• Inventory turnover ratio stands at 102.58, indicating efficient inventory management

Financial Highlights

• Net income of 17,749 reported in Q2 2019, a significant increase from Q1 2019
• Current ratio of 1.31 suggests good short-term financial health
• Operating income margin of 2.4% in Q2 2019 reflects operational efficiency

Universal Apparel & Textile Company has established itself as a key player in the apparel industry, focusing on wholesale distribution. The recent financial performance indicates a positive trend, with notable revenue growth and improved profitability metrics. The company's diverse product offerings cater to a wide range of clients, enhancing its market presence. With a strong inventory turnover ratio, the company demonstrates effective management of its resources, positioning itself for potential future growth. Investors may find the company's trajectory and operational efficiency appealing as it navigates the competitive landscape of the apparel sector.