Iconix (ICON) Tops Q3 Views; Guides FY08, FY09
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Iconix Brand Group, Inc. (Nasdaq: ICON) reports Q3 EPS of $0.30, 2 cents better than the analyst estimate of $0.28. Revenue for the quarter was $55.1 million, versus the consensus of $53.01 million.
Sees FY08 sales and EPS towards the low-end of its previously issued ranges for sales of $215-$220 million and EPS of $1.15-$1.20. The Street is expecting revs of $ million and EPS of $1..
Sees FY09 sales of $225-$235 million, versus the consensus of $241.11 million, and non-GAAP EPS of $1.20-$1.30, versus the Street estimate of $1.31.
Iconix Brand Group, Inc. owns, licenses, and markets a portfolio of consumer brands. Its brands include Candie's, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, and Starter.
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