Sequential Brands (SQBG) Reports Q2 Loss of $0.04/Share
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Sequential Brands Group Announces Second Quarter 2019 Results
August 9, 2019 8:01 AM EDTNEW YORK, Aug. 09, 2019 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (Sequential or the Company) (Nasdaq: SQBG) today announced financial results for the second quarter ended June 30, 2019.
Our second quarter results reflect a transformation currently underway at Sequential. The first phase of that transition included the completion of the divestiture of the Martha Stewart and Emeril Lagasse brands which occurred during the quarter. The second phase, which is currently underway, is right sizing our operational cost structure to ensure it is aligned with the current business. We are confident that we... More
