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XCel Brands (XELB) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-08-14 14:26
XCel Brands (XELB) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 88.89%. A quarter ago, it was expected that this brand management company would post a loss of $0.16 per share when it actually produced a loss of $0.09, delivering a surprise of 43.75%. Over the last four quarters, the compa ...
Xcel(XELB) - 2024 Q2 - Quarterly Report
2024-08-14 00:37
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-37527 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) | --- | --- | |------------------- ...
Xcel Brands to Host Second Quarter 2024 Earnings Call on August 14, 2024
GlobeNewswire News Room· 2024-08-12 16:22
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) ("Xcel" or the "Company") today announced that it will report its second quarter 2024 financial results on August 14, 2024. The Company will hold a conference call with the investment community on August 14, 2024, at 9:30 a.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.mediaserver. ...
Xcel(XELB) - 2024 Q2 - Quarterly Results
2024-07-24 20:56
Revenue and Income - For the three months ended June 30, 2024, the company reported revenue of $2,954,000, while for the six months ended June 30, 2024, revenue was $5,138,000[4] - The pretax net income for the three months ended June 30, 2024, was $195,000, but for the six months, there was a net loss of $6,099,000[4] - Adjusted EBITDA for the three months ended June 30, 2024, was $(40,000), and for the six months, it was $(1,612,000)[4] Asset Sales and Impairments - The company expects a one-time net gain of approximately $3.8 million from the sale of the Lori Goldstein assets, which positively impacted the results[3] - The company anticipates an additional impairment charge of approximately $1.2 million related to the exit of its prior principal offices[4] Financial Reporting and Compliance - The preliminary financial results are unaudited and subject to completion of financial closing procedures, indicating potential variability in final figures[5] - The company is classified as an emerging growth company, which may affect its financial reporting and compliance requirements[2] - The financial information includes non-GAAP measures, which should be considered alongside U.S. GAAP measures for a comprehensive understanding of performance[6] - The company has not yet finalized its financial results, and reliance on preliminary estimates should be cautious[5] Signatory Information - The report was signed by the Chief Financial Officer, James F. Haran, on July 24, 2024[11]
Xcel(XELB) - 2024 Q1 - Earnings Call Transcript
2024-05-21 00:03
Xcel Brands, Inc. (NASDAQ:XELB) Q1 2024 Earnings Call Transcript May 20, 2024 5:00 PM ET Company Participants Paul Kuntz - IR Robert D'Loren - Chairman and CEO Jim Haran - CFO Conference Call Participants Michael Kupinski - Noble Capital Markets Anthony Lebiedzinski - Sidoti Howard Brous - Wellington Shields Operator Welcome to Xcel Brands First Quarter 2024 Earnings Conference Call. Please be advised that reproduction of this call in whole or in part is not permitted without prior written authorization of ...
Xcel(XELB) - 2024 Q1 - Quarterly Report
2024-05-20 21:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-37527 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) | Delaware | 76-0307819 | | --- | ...
Xcel(XELB) - 2024 Q1 - Quarterly Results
2024-04-19 21:16
Exhibit 99.1 XCEL BRANDS, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS NEW YORK, NY (April16, 2024) – Xcel Brands, Inc. (NASDAQ: XELB) ("Xcel" or the "Company"), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. Robert W. D'Loren, Chairman and Chief Executive Officer of Xcel commented, "Throughout 2023, we focused on a restructuring pl ...
Xcel(XELB) - 2023 Q4 - Annual Report
2024-04-19 01:55
PART I This Annual Report on Form 10-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks and uncertainties. All statements other than statements of historical fact contained in this Annual Report, including statements regarding future events, our future financial performance, business strategy, and plans and objectives of management for future operations, are ...
Xcel(XELB) - 2023 Q4 - Earnings Call Transcript
2024-04-17 00:02
Xcel Brands, Inc. (NASDAQ:XELB) Q4 2023 Results Conference Call April 16, 2024 5:00 PM ET Company Participants Craig Brelsford - IR Robert D'Loren - Chairman and Chief Executive Officer Jim Haran - Chief Financial Officer Seth Burroughs - Executive Vice President of Business Development and Treasury Conference Call Participants Michael Kupinski - Noble Capital Markets Anthony Lebiedzinski - Sidoti & Company Howard Brous - Wellington Shields Operator Hello, everyone. And welcome to the Xcel Brands Incorporat ...
Xcel(XELB) - 2023 Q4 - Annual Results
2024-03-07 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 7, 2024 XCEL BRANDS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation) (Commission File Number) Delaware 001-37527 76-0307819 (IRS Employer Identification No.) 1333 Broadway, New York, New York (Address of Principal Executive Offices ...