TITLE

Iconix Hits Record Revenues and Profit, but Not Expectations

AUTHOR(S)
Corral, Cecile B.
PUB. DATE
November 2009
SOURCE
Home Textiles Today;11/9/2009, Vol. 30 Issue 27, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the failure of Iconix Brand Group Inc. to meet guidance expectations for the third quarter of 2009 in the U.S. It states that an unspecified credit issue with large licensee and over projected sales volume of its Op brand at Wal-Mart Stores Inc. hindered results, however, it has generated record revenues and net income for the period. Neil Cole, chairman of Iconix , stresses that their ability to achieve positive growth illustrates the strength of their business model.
ACCESSION #
45270954

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics