Xcel Brands Group'S Total Revenue Surged 34% In The Fourth Quarter

It is understood that after 12 months of deep pressure, multi-channel brand management companies in the United States

Finally, get rid of the darkness and return to the light.

Recently, according to the fourth quarter earnings report released by the group, the group's net profit was $768 thousand, and its earnings per diluted share were 4 cents, higher than the net loss 552 thousand dollars recorded in the same period last year, and 5 cents after the diluted share loss.

Adjusted earnings per share were 10 cents, unchanged from FactSet's expected 10 cents.

This shift pushed the group's shares up 4% to 5.75 dollars.

In the three months ending December 31st, the group's total revenue rose 34% to 7 million 500 thousand US dollars from US $5 million 700 thousand in the same period last year, slightly below the 7 million 800 thousand FactSet expected by financial institutions.

For the whole year,

For us $2 million 600 thousand, net loss last year was US $1 million.

The total annual revenue was $27 million 700 thousand, up from $20 million 700 thousand last year.

Xcel Brands Group CEO Robert W. D'Loren believes that the 2015 fiscal year was a landmark year, and strong performance contributed to the strong growth of the group.

The strategy implemented by the group in the year, including the listing on the Nasdaq stock market, the completion of the public stock issue, the strategic acquisition of C. Wonder brand, the launch of H by Halston in the US Department Store QVC, and the establishment of the short time supply chain, have become the important turning point of the group.

Through the sale of group retail partners, the creation of short time supply chains can improve and maximize full price sales.

Although the Xcel Brands group did not disclose the 2016 expectations, chief executive Robert W. D'Loren said the group had a good position to continue to expand its revenues, increase its profitability and grow its brand portfolio.

Its brand includes Isaac Mizrahi, the designer of the same name in New York.

And holds Liz Claiborne and H by Halston brand equity.

C. Wonder was acquired by Xcel Brands group in July last year. It will get C. Wonder brand, related design and other intellectual property rights.

In the past 12 months, Xcel Brands has fallen 21%, and its share price has dropped to its lowest level in 52 weeks in February, with a stock price of $4.66.

Over the past four weeks, the group's share price has been rebounded by 5%.