Xcel Brands Wants To Get Out Of The Four Quarter Earnings

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 per diluted share.

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, the group's net profit was $2 million 600 thousand, a net loss of $1 million last year.

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

Group CEO Robert W.DLoren 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 includes listing on the Nasdaq stock market, the completion of public offerings, the strategic acquisition of C.Wonder brand, and the H by Halston in the US.

The introduction of QVC and the creation of short supply chains have become an important turning point for the group.

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

Although Xcel Brands group did not disclose its 2016 expectations, Chief Executive Officer

The group has a good position to continue to expand its revenue, improve its profitability and grow its brand portfolio.

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%.

The group's brand includes the brand name Isaac Mizrahi of the United States of New York, the jewelry brand Judith Ripka, and holds the equity of Liz Claiborne and H by Halston brand.

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