Overview
Xcel Brands Q3 revenue fell 42% yr/yr, missing analyst expectations
Adjusted loss per share for Q3 beats analyst estimates
Outlook
Company anticipates new brand launches will drive revenue growth in Q4 2025 and beyond
Company aims to return to profitability and achieve 100 mln social media followers
Result Drivers
REVENUE DECLINE - Revenue decreased due to lower net licensing fees and prior inventory sell-offs, impacted by cautious consumer spending
COST REDUCTION - Direct operating costs decreased 23% due to restructuring and transformation efforts
IMPAIRMENT CHARGE - $5.5 million non-cash impairment charge recognized for Isaac Mizrahi brand
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $1.12 mln | $1.24 mln (2 Analysts) |
Q3 Adjusted EPS | Beat | -$0.34 | -$0.71 (1 Analyst) |
Q3 EPS | -$2.02 | ||
Q3 Net Income | -$7.99 mln | ||
Q3 Gross Profit | $1.12 mln | ||
Q3 Operating Income | -$7.44 mln | ||
Q3 Pretax Profit | -$7.96 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the entertainment production peer group is "buy"
Wall Street's median 12-month price target for Xcel Brands Inc is $5.00, about 83.2% above its November 18 closing price of $0.84
Press Release: ID:nGNX2yNMZC
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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