Iconix Brand Group (ICON) Misses Q3 EPS by 7c, Revenues Miss; Lowers FY18 Revenue Guidance

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Iconix Reports Financial Results For The Third Quarter 2018

November 9, 2018 8:30 AM EST

NEW YORK, Nov. 9, 2018 /PRNewswire/ --

Sears' bankruptcy adversely affecting Company's financial performance International business continues to outperform expectations Projecting stable cash position and debt covenant compliance

Iconix Brand Group, Inc. (Nasdaq: ICON) ("Iconix" or the "Company") today reported financial results for the third quarter ended September 30, 2018.

Bob Galvin, CEO commented, "Our results for the quarter were negatively impacted by the Sears bankruptcy filing which resulted in P&L charges, however, we continue to forecast debt covenant... More